The European Union is facing a critical moment of strategic redefinition. After more than a decade of systemic shocks, including the global financial crisis, the COVID 19 pandemic, the war in Ukraine, and increasing technological pressure from major powers like the United States and China, the EU seeks new paths to revitalize its economy and technological base. In this scenario, Artificial Intelligence (AI) emerges as a key technology to boost productivity, modernize public services, enhance industrial sectors, and ensure digital security. At the same time, India stands out as a highly promising strategic partner, combining growing technological capabilities, a favorable demographic base, ambitious public policies, and a democratic identity aligned with European values. The cooperation between the European Union and India in the field of AI represents a unique geopolitical and economic opportunity. India is currently one of the most dynamic technology hubs in the Global South. With one of the largest software developer communities in the world, India continuously invests in STEM education, digital infrastructure, and innovation-driven policies, such as its National Strategy on Artificial Intelligence. Moreover, the country has implemented innovative digital governance systems like Aadhaar and leads global initiatives such as the Global Partnership on Artificial Intelligence (GPAI), in which the EU also participates. Shared democratic values and the mutual pursuit of technological sovereignty further enhance the potential of this partnership. From the EUs perspective, there is a growing recognition of the need to expand strategic partnerships beyond the transatlantic axis. The European tech industry s limitations in competing with American and Chinese big tech companies, along with internal digital market fragmentation, underscore the urgency of forging alliances with countries committed to responsible and ethical AI innovation. India offers not only technological complementarity but also political legitimacy to collaboratively shape global AI standards. EU India cooperation can unfold across multiple domains. In the economic sphere, joint research and innovation projects may be promoted through programs such as Horizon Europe and Digital India, fostering synergies in areas like digital health, smart cities, and precision agriculture. Politically, institutionalizing bilateral forums for regulatory frameworks and ethical guidelines on AI can create a normative space of global influence that counters authoritarian or monopolistic models. There is also room for integration into value chains and knowledge transfer that could benefit European small and medium-sized enterprises often lacking access to emerging technologies. However, building this partnership is not without challenges. Structural differences in regulatory environments and national priorities persist. The EU generally adopts a more cautious and rules based approach, while India tends to favor experimental, growth oriented policies. Additionally, regional geopolitical dynamics, such as India s relationship with Chinaand ongoing tensions in the Indo Pacific, may influence the stability and predictability of cooperation. It is crucial that the European Union develops a pragmatic yet ambitious strategy that combines economic incentives, diplomatic tools, and long term commitments to sustain this strategic axis.