In a significant development aimed at bolstering bilateral ties and economic cooperation, Russian President Vladimir Putin has expressed a strong interest in aligning with India’s “Make in India” initiative. Speaking at a recent international forum, Putin highlighted Russia’s readiness to establish manufacturing operations within India, marking a step forward in deepening strategic and economic relations between the two nations.
President Putin emphasized that Russia views India as a vital partner in the global economic landscape. “We are keen to collaborate with India by setting up manufacturing units in diverse sectors, including defense, energy, and technology. This will not only enhance bilateral trade but also contribute to India’s self-reliance mission,” he stated.
The announcement comes at a time when India is aggressively promoting its “Make in India” program, aimed at transforming the country into a global manufacturing hub. Russia’s willingness to participate is seen as a significant boost, especially in areas like defense production, where both nations have long-standing collaborations.
Industry experts believe this initiative will create opportunities for technology transfer, job creation, and capacity building in India. The move is also expected to strengthen the India-Russia partnership in global geopolitics and trade.
The Indian government has welcomed Russia’s intent, with officials noting that this aligns perfectly with the nation’s aspirations for industrial growth and economic self-reliance. Discussions are expected to begin soon, focusing on identifying key sectors and addressing logistical requirements for setting up manufacturing facilities.
This development underscores the deepening ties between India and Russia, paving the way for a new chapter in economic cooperation and technological exchange.
