00:00Because this is an aspect which is quite close to both the countries.
00:04If you can touch upon the relation between the two countries in terms of defense and what's in store?
00:11Yeah, so coming back to the FTA, let me say that for our business, the FTA means new opportunities in
00:18India.
00:19And I see, in the near future, I see more German investment in India because of the FTA.
00:25That makes investment much easier and much more attractive also.
00:30And then you mentioned defense.
00:31I think defense is an area where we have indeed had a slower relationship until a couple of years ago.
00:39Now that is coming to a new blossom, I would say.
00:45And we are waiting for the signature of the submarines.
00:49There's a big deal underway, and I think we are very positive about that deal.
00:53But other than that, we also have a lot of things to offer.
00:57And maybe India also has a lot of things to offer when it comes to defense cooperation.
01:01So I think defense will be a new chapter which will be larger than in the last years.
01:08So I think defense will be larger than in the last few years.
01:10So I think defense will be larger than in the last few years.
01:13So I think defense will be larger than in the last few years.
01:13So I think defense will be larger than in the last few years.
01:14So I think defense will be larger than in the last few years.
01:15So I think defense will be larger than in the last few years.
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