Putin praises India's growth, sovereign policy, $100B trade goal at Forum.

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Moneycontrol•05-12-2025, 21:38
Putin praises India's growth, sovereign policy, $100B trade goal at Forum.
- •Putin praised India's economic growth and sovereign policy at the India-Russia Business Forum.
- •He highlighted the goal of achieving $100 billion in bilateral trade by 2030, noting last year's trade volume reached $64 billion.
- •Russia committed to expanding trade, investments, and technology partnerships, including supporting the 'Make in India' initiative.
- •Putin stressed logistics connectivity, national currency transactions, and collaboration in high-value sectors.
- •Both nations are working on new international transport routes like the North-South corridor and modernizing the Northern Sea Route.
Why It Matters: Russia-India trade goals signal India's rising economic and geopolitical influence.
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