Putin supports India's Make in India initiative and highlights Russian investments

Russian President Vladimir Putin expressed support for India's "Make in India" initiative during the VTB Russia Calling Investment Forum. He highlighted the stable conditions created by Prime Minister Narendra Modi's government, which he believes make India an attractive destination for investment. Putin noted that Russian company Rosneft recently invested $20 billion in India. He emphasized the importance of India's economic policies and their role in fostering growth, particularly for small and medium-sized enterprises. Additionally, Putin discussed the significance of Russia's import substitution program and the emergence of new Russian brands. He called for increased cooperation among BRICS nations to support SMEs and enhance collaboration in key areas.