ThePrint

ThePrintAM: What’s expected in Putin-Modi meet on Friday?

Dec 5, 2025
The discussion centers on the upcoming Modi-Putin meeting and its implications for India-Russia relations. Key topics include a new mobility agreement to facilitate Indian workers in Russia and Russia's push for defense sales, particularly the S-400. The podcast highlights India's challenge in balancing ties with both Russia and Western nations while aiming for a $100 billion trade target by 2030. It also touches on energy trade dynamics, technology transfer for India's rockets, and ongoing defense negotiations.
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INSIGHT

Visit Focuses On Relationship Over Deals

  • India and Russia will review broad bilateral ties rather than announce big-ticket deals during Putin's visit.
  • The summit focuses on steady relationship management and visible partnership rather than headline contracts.
ADVICE

Widen The Trade Basket

  • Diversify and widen the trade basket to reduce the heavy skew towards Russian exports.
  • Aim to increase bilateral trade from ~$68.7bn to $100bn by 2030 while boosting Indian exports.
INSIGHT

Trade Is Heavily Skewed To Russian Oil

  • India's imports from Russia are dominated by oil, making trade heavily imbalanced.
  • Indian exports to Russia remain small at about $4.88 billion, highlighting the skew.
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