India-Russia Summit: Multipolarity Push, Breaking G2 Cage

• The 23rd India-Russia Annual Summit marked 25 years of their Strategic Partnership, with Putin's first visit since the Ukraine conflict.
• Both nations asserted strategic autonomy and a commitment to a multipolar world amidst US pressure and sanctions.
• Energy cooperation surged due to Western sanctions on Russia, but India faces a significant trade deficit.
• India and Russia aim to diversify economic ties beyond defence and hydrocarbons through initiatives like Programme 2030 and enhanced connectivity projects.
• Cooperation in nuclear energy, space, critical minerals, and people-to-people ties was reinforced, with India offering e-visas to Russian nationals.

Why It Matters: India-Russia ties are crucial for a multipolar world, resisting G2 dominance.