News Desk
MALE’, Maldives — News in New Delhi is abuzz with reports that Prime Minister Narendra Modi may visit the Maldives to celebrate the nation’s 60th independence anniversary on July 26, a move that could mark a high point in the warming relationship between the two countries. Diplomatic circles confirm that administrative preparations for the potential state visit are underway, though authorities have yet to officially confirm the trip.
If it materializes, Modi’s presence at the independence ceremony would be a significant gesture, offering a stamp of approval for President Dr. Mohamed Muizzu’s administration and signaling a departure from past tensions.
The prospect of Modi’s visit comes as high-level talks between India and the Maldives gain momentum. Discussions are focusing on bolstering bilateral ties, including a comprehensive review of ongoing projects. A key meeting between India’s Commerce Secretary Sunil Barthwal and Minister of Economic Development and Trade Mohamed Saeed underscored this commitment, with both sides exploring ways to deepen trade and investment cooperation.
The talks reflect India’s growing role as a vital economic partner for the Maldives, a nation heavily reliant on tourism. Relations between New Delhi and Male’ have seen a notable thaw in recent years, overcoming earlier strains through concerted diplomatic efforts.
India has emerged as a leading donor, providing critical financial support to the island nation. Last October, India extended a $400 million currency swap agreement under the SAARC Currency Swap Framework, a deal facilitated by the Reserve Bank of India and the Maldives Monetary Authority. This support has bolstered the Maldives’ foreign exchange reserves, helping to address liquidity challenges.
In its June 2025 update, Fitch Ratings maintained the Maldives’ sovereign credit rating at ‘CC,’ noting that improved reserves have eased external pressures, though high debt servicing costs and dependence on global tourism remain concerns.
For New Delhi, the Maldives serves as a model for regional economic cooperation, showcasing the impact of bilateral financial tools in supporting smaller South Asian economies. The Barthwal-Saeed meeting, combined with India’s sustained assistance, highlights a shared commitment to stability and growth in the Indian Ocean region.
A potential visit by Modi would further underscore this partnership, symbolizing India’s role as a reliable ally. A concrete emblem of this collaboration is the Thilamale’ Bridge, the Maldives’ largest infrastructure project. Spanning 6.7 kilometers and connecting Male’ with the industrial hub of Thilafushi via Vilimalé and Gulhifalhu, the $500 million project is 60.84 percent complete, according to Maldivian officials. With 263 concrete piles driven into the ocean floor across 68 locations, the bridge stands as a feat of engineering and a testament to the deepening ties between India and the Maldives.
