Putin praises Modi's 'Make in India' initiative and seeks investment opportunities in India

ndtv.com

President Vladimir Putin praised India's 'Make in India' initiative and expressed Russia's interest in investing in manufacturing operations in India. He made these comments at the VTB Russia Calling Investment Forum in Moscow. Putin highlighted the similarities between Russia's import substitution program and India's manufacturing goals. He noted that the Indian government has created stable conditions for investment, which he believes makes India an attractive market. He also emphasized the importance of cooperation among BRICS nations to support small and medium-sized enterprises. Putin mentioned the development of an investment platform aimed at benefiting BRICS countries and supporting economies in the Global South and East.


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