Against tectonic shifts in world order and a decaying global multilateralism, there is a need to look at new strategic partnerships, as well as to deepen existing ones. Bilateral relations between Spain and India are at a sweet spot; there is a mutual interest in deepening the nature and scope of cooperation. The bilateral relationship has a high potential going forward. This is compounded by a strategic EU-India relationship that is fast consolidating, following the landmark conclu- sion of an EU-India Free Trade Agreement (FTA) and the numerous agreements reached along security and mobility lines earlier in 2026. This report aims to shed light on the intricacies of the existing bilateral relation- ship between India and Spain, as well as the potential for it to thrive across key sector areas