**EDS: THIRD PARTY IMAGE** In this screengrab from a video released on Dec. 4, 2025, Prime Minister Narendra Modi with Russian President Vladimir Putin at 7, Lok Kalyan Marg, in New Delhi. (PMO via PTI Photo)(PTI12_04_2025_000506B)
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CNBC TV1812-12-2025, 09:49

India-Russia: Post-Putin Visit Signals Deeper Economic, Tech & Strategic Ties

  • Putin's successful visit reaffirmed the India-Russia special and privileged strategic partnership, despite Western criticism.
  • India and Russia are reorienting their defence cooperation towards joint R&D, co-development, and co-production, emphasizing 'Make in India' and technology transfer.
  • Post-Ukraine war, bilateral trade surged to over $68 billion due to Indian crude imports, prompting efforts to diversify trade and reduce India's deficit.
  • Both nations aim for $100 billion in sustainable trade by 2030, focusing on new areas like Russia's Far East, aviation, and improving connectivity via INSTC and Chennai-Vladivostok.
  • The partnership emphasizes energy security, civil nuclear cooperation, and skilled manpower exchange, reflecting India's strategic autonomy.

Why It Matters: India-Russia partnership evolves, securing India's interests amid changing global dynamics.

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