New Delhi [India], December 5 (ANI): Russian President Vladimir Putin’s two-day visit to India carries significant economic and strategic implications, with opening the Russian market to Indian exporters emerging as a key priority, experts say.
Lydia Kulik, Head of India Studies at the Moscow School of Management, called the visit important, noting it builds on Prime Minister Modi’s 2024 trip when both countries set new agendas in a shifting global environment. Describing the visit as “both symbolic and a spectacle,” Kulik said India and Russia view their future cooperation positively.
“The priority at the moment is to open the Russian market for Indian exporters. Besides trade and economy, there is going to be political discussions, new deals in defence and military cooperation, and a frank exchange of opinions about the current situation in the world,” she said.
Shishir Priyadarshi, President of the Chintan Research Foundation, said Putin’s visit is timely for India’s global economic positioning. “This is an extremely critical time for India in terms of global economic relations, and in that context, President Putin’s visit assumes greater significance,” he said, adding that India and Russia have maintained close, all-weather ties for 70 years.
Priyadarshi noted Russia’s difficulties with Europe and sanctions, and India’s pressures over its association with Russia. He highlighted strong correlations in defence and energy ties, calling for balancing the trade deficit and shifting defence imports toward manufacturing within India.
At a CRF session, Kulik described the India-Russia partnership as “exemplary, predictable, and stable,” saying it has withstood recent global uncertainties. The event gathered experts from government, academia, strategic affairs, industry, media and the private sector to discuss the partnership’s many dimensions.
Priyadarshi, welcoming participants, emphasized the friendship between India and Russia rests on mutual respect, strategic convergence and recognition of core interests.
Putin, on his first visit to India in four years, will be in New Delhi until December 5 and will hold the 23rd India-Russia Annual Summit with PM Modi. He arrived on Thursday and was personally received by Prime Minister Narendra Modi at the airport. This is Putin’s first visit since the Ukraine conflict began in 2022. (ANI)
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