KEEPING AN ARMS DISTANCE
India Today|12th August, 2024
India's military trade with Russia has declined due to increased procurement from the West and emphasis on indigenous material. But with much of its equipment still of Russian origin, New Delhi has to keep up strategic-defence ties with Moscow too
PRADIP R. SAGAR
KEEPING AN ARMS DISTANCE

India and Russia share decades of close strategic alliance. However, defence sales and military-technical cooperation—one of the pillars of the ‘special and privileged strategic partnership’— between the two nations have taken a backseat. In recent years, India has been reducing its reliance on Russian defence equipment and increasingly turning to western allies like the US and France as well as its domestic arms industry to meet its growing needs. This was evident during Prime Minister Narendra Modi’s two-day visit to Moscow on July 8 and 9 for the 22nd annual summit between the two nations. In the inaugural bilateral visit of his third term in office, PM Modi held both delegation-level talks and one-on-one discussions with President Vladimir Putin. On the back of bilateral trade reaching an all-time high of $65.70 billion (Rs 55,040 crores) in 2023-24—largely due to India buying large amounts of Russian oil—the focus was on economic aspects. Matters relating to energy, trade, manufacturing, technology and fertilisers were discussed. Announcement of a big defence deal was missing.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM INDIA TODAYView all
A Life IN MUSIC
India Today

A Life IN MUSIC

To celebrate five decades of a storied musical career, Padma Shri Hariharan is headlining a special concert in Delhi on November 30

time-read
1 min  |
December 09, 2024
MURDERS MOST FOUL
India Today

MURDERS MOST FOUL

SAMYUKTA BHOWMICK'S DEBUT NOVEL, A FATAL DISTRACTION, IS A WHODUNIT THAT GOES BEYOND MERELY PAYING TRIBUTE TO THE MASTERS OF THE GENRE

time-read
2 mins  |
December 09, 2024
Jungle Book
India Today

Jungle Book

Avtar Singh creates a compelling tableau of characters brought together and torn asunder by migration, epidemic and circumstance

time-read
2 mins  |
December 09, 2024
BON VOYAGE
India Today

BON VOYAGE

The award-winning stage adaptation of Yann Martel's Life of Pi is coming to Mumbai this December

time-read
1 min  |
December 09, 2024
Earning His ACTING CHOPS
India Today

Earning His ACTING CHOPS

HIS LATEST STINT IN THE BUCKINGHAM MURDERS, WHICH JUST RELEASED ON NETFLIX, CEMENTS THE MULTI-HYPHENATE RANVEER BRAR'S REPUTATION AS A FINE ACTOR

time-read
2 mins  |
December 09, 2024
Strike a Pose
India Today

Strike a Pose

SOONI TARAPOREVALA'S SERIES DEBUT WAACK GIRLS ON PRIME VIDEO SHINES A LIGHT ON THE STREET DANCE STYLE OF WAACKING

time-read
2 mins  |
December 09, 2024
FATAL ATTRACTION
India Today

FATAL ATTRACTION

In I Want to Talk, Shoojit Sircar continues his exploration of death with the portrait of a tenacious man who beats it time and again

time-read
2 mins  |
December 09, 2024
LOVE LETTER TO THE MOUNTAINS
India Today

LOVE LETTER TO THE MOUNTAINS

'Journeying Across the Himalayas' is a new multidisciplinary festival in Delhi with a focus on the Himalayan region and its communities

time-read
1 min  |
December 09, 2024
The Art of CURATION
India Today

The Art of CURATION

Sunil Kant Munjal, founder patron of the Serendipity Arts Foundation, on how one of our biggest multi-disciplinary festivals came about and what to look forward to in this edition

time-read
3 mins  |
December 09, 2024
THE ROCKY ROAD AHEAD
India Today

THE ROCKY ROAD AHEAD

A US court's allegations of bribery in solar power contracts and US markets watchdog SEC's charges of concealing wrongdoings have jolted Gautam Adani's business empire. Even as he mounts a strong defence against the indictment, the group faces a crisis of investor confidence that may impact its growth plans

time-read
10 mins  |
December 09, 2024