Courtesy: All India Radio News
India and Russia have a time-tested relationship, which was evident during President Putin's state visit to New Delhi last week. Its success lay in the warmth the leaders of the two countries share and in its timing: geopolitically, just after discussions of the U.S. and China as the G2, and commercially and strategically, at a time when India’s needs match Russia's capabilities.
Courtesy: Evraz
Three years into the war with Ukraine, Russia has adapted to the changed economic scenario. It’s an ideal time for India and Russia to step up their economic engagement, especially as India seeks resources in energy and critical minerals for growth. However, Indian companies are wary of using these opportunities and are missing out on access to the world’s larges and most mineral-rich region.