In The NewsSeptember 10, 2026
Thailand and India Pursue ‘Trusted Strategic Partnership’
Thailand and India plan to deepen economic ties through a proposed “Trusted Strategic Partnership,” prioritising joint investment and co-creation. Five pilot sectors cover processed food, health and wellness, green industry, gems and jewellery, and hospitality. Officials will also accelerate UPI–PromptPay integration to simplify cross-border payments for businesses and tourists alike.
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The initiative seeks to move bilateral relations beyond conventional trade towards jointly developed products, technologies and businesses. Thailand offers advanced manufacturing, hospitality expertise and access to ASEAN, while India contributes a large consumer market, skilled talent, technology capabilities and agricultural resources.
The gems and jewellery sector could particularly benefit by combining India’s raw-material supply and consumer demand with Thailand’s internationally recognised gemstone cutting, design and manufacturing expertise.
Thailand and India will develop pilot investment projects across the five priority sectors and accelerate technical work connecting India’s UPI with Thailand’s PromptPay. Thailand will host the next Joint Trade Committee meeting in Bangkok in October to review progress and establish cooperation frameworks.
High-level discussions held in New Delhi
“Co-Creation, Co-Investment” model proposed
five pilot sectors identified
UPI–PromptPay integration fast-tracked
October 2026: Joint Trade Committee meeting scheduled in Bangkok.
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1. nationthailand.comView Original
