Putin praises Modi's business policies and calls for stronger BRICS cooperation

Russian President Vladimir Putin praised India's Prime Minister Narendra Modi for fostering a business-friendly environment. He highlighted the success of India's "Make-in-India" initiative, which he compared to Russia's import substitution policy. Speaking at the VTB Investment Forum in Moscow, Putin emphasized the need for stronger cooperation among BRICS nations to support small and medium enterprises (SMEs). This marks a shift towards greater collaboration between India and Russia in economic development. Putin's remarks reflect a growing alignment between the two countries, focusing on mutual benefits in investment and business growth. This contrasts with previous tensions and highlights a more cooperative approach in their economic relations.