India Hosts Exercise MILAN-2026
Analysis based on 21 articles · First reported Feb 19, 2026 · Last updated Feb 20, 2026
The event highlights increasing global focus on maritime security and cooperation, which could lead to increased defense spending and demand for naval technologies. Discussions on underwater resources and rare-earth minerals may also draw attention to related mining and exploration companies.
India's Defence Minister Rajnath Singh addressed Navy Chiefs and delegates from 74 countries at Exercise MILAN-2026 in Visakhapatnam, calling for enhanced global cooperation to tackle complex maritime challenges. He emphasized the coexistence of traditional threats like piracy and terrorism with modern issues such as climate change impacts and contests over underwater resources, particularly rare-earth minerals. Singh highlighted the growing role of navies in international peacemaking and stressed the need for a comprehensive naval framework, praising the United Nations Convention on the Law of the Sea (UNCLOS) for peaceful conflict resolution. He reiterated India's commitment to maritime cooperation, evolving its vision from SAGAR to MAHASAGAR, signifying deeper partnerships with global allies.
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