Putin announces plans for Russian manufacturing plants in India, praises Modi's policies

Russian President Vladimir Putin announced plans to establish manufacturing plants in India, praising Prime Minister Narendra Modi's "India-first" policies. He highlighted the positive impact of Modi's "Make in India" initiative on India's global standing. Putin spoke at an investment summit in Moscow, noting that Russia's investment in India, including a recent $20 billion from Rosneft, reflects confidence in the country's stable growth environment. He commended India's focus on national interests and support for small and medium-sized enterprises. Additionally, Putin emphasized the importance of cooperation among BRICS nations and the potential of a new investment platform to support economies in the Global South and East. He called for member countries to identify key areas for collaboration at the upcoming summit in Brazil.