India and the Maldives are actively engaged in discussions aimed at strengthening their economic cooperation and expanding trade and investment ties. Recent talks between officials from both nations highlight a mutual interest in exploring new avenues for collaboration and reinforcing existing partnerships.

A key meeting occurred between India's Commerce Secretary Sunil Barthwal and Maldivian Economic Development and Trade Minister Mohamed Saeed in Male. This meeting served as a platform to discuss ways to enhance trade, explore new economic opportunities, and strengthen investment partnerships between the two countries. Minister Saeed expressed his enthusiasm for the discussions in a post on X, emphasizing the commitment to strengthening trade and investment.

India has emphasized its role as a crucial development partner for the Maldives, actively contributing to infrastructure projects and providing financial support. These projects include the development of the Thilamale' Bridge and the Hanimaadhoo International Airport. Furthermore, India has extended a USD 25.94 million currency swap facility to bolster the Maldives' economy.

In an effort to attract Indian investment, business forums have been organized in three Indian cities to showcase opportunities in the Maldives. These forums aim to promote various sectors within the Maldives and foster direct engagement with Indian investors.

The relationship between India and the Maldives experienced some strain after President Mohamed Muizzu assumed office in November 2023. However, Muizzu has since vowed to strengthen bilateral ties with India, particularly during his visit to Delhi in October 2024.

India views the Maldives as a key maritime neighbor and an important partner in its 'Neighbourhood First' policy and Vision MAHASAGAR, which focuses on Mutual and Holistic Advancement for Security and Growth Across Regions. This vision underscores the strategic importance of the relationship and the commitment to mutual growth and security.

Earlier this year, in May 2025, India and the Maldives explored ways to boost trade and strategic cooperation during a visit by Maldivian Foreign Minister Abdulla Khaleel to New Delhi. The two nations reviewed the implementation of the comprehensive economic and maritime security partnership agreed upon during President Muizzu's visit to New Delhi in October.

Both countries recently signed an agreement to cooperate in digital technology. In August 2024, an agreement was signed to adopt UPI in the Maldives. Furthermore, in October 2024, the Government of India offered a USD 400 million currency swap facility.

Since 1988, defense and security have been a major area of cooperation between India and the Maldives. India provides numerous training opportunities for the Maldivian National Defence Force (MNDF), meeting a significant portion of their defense training requirements.