Today: 27 August 2025
30 June 2023
1 min read

Putin lauds ‘Make in India’, calls Modi ‘great friend of Russia’

Industrial and product design should become an important resource for the development of domestic business, RT News quoted the President as saying…reports Asian Lite News

Russian President Vladimir Putin called Prime Minister Narendra Modi “a great friend of Russia” and also praised the Centre’s ‘Make in India’ initiative.

Addressing an economic forum in Moscow organised by the Agency for Strategic Initiatives (ASI), the President said on Thursday: “Our friends in India and our big friend, Prime Minister Narendra Modi, launched the ‘Make in India’ initiative several years ago. It has had a truly impressive effect on the Indian economy. It would do no harm to emulate what is working well, even if it was not us but our friends who created it,” RT News reported.

Putin made a case for India as he discussed the opportunities for Russian companies due to the West’s sanctions policies, and the need for the Moscow to “offer support tools to help our companies market their products more efficiently”.

Crediting Indian leadership for creating an effective model to develop local manufacturing capabilities and woo foreign investors, Putin emphasized the need to think about “making our products more convenient and functional, with a modern look and properties”.

Industrial and product design should become an important resource for the development of domestic business, RT News quoted the President as saying.

The ‘Make in India’ initiative was launched by Prime Minister Modi in 2014 aimed to to create and encourage companies to develop, manufacture and assemble products made in the country and incentivise dedicated investments into manufacturing.

Putin and Modi last met on the sidelines of a regional security bloc summit in Uzbekistan in September 2022.

ALSO READ-MBZ dials Putin, discusses developments in Russia

Previous Story

China unveils foreign relations law to counter western hegemony

Next Story

Keralite becomes first Indian mayor of Stafford

Latest from -Top News

ADNOC signs 15-year LNG deal with Indian Oil

Under the deal, LNG cargoes can be delivered to any port across India, enhancing the country’s energy security and meeting its rising energy demand. Abu Dhabi National Oil Company (ADNOC) has signed

Dubai’s $1m AI film prize shocker

Dubai to Host 4th 1 Billion Followers Summit with $1 Million AI Film Prize and Expanded Global Agenda Dubai will host the fourth edition of the 1 Billion Followers Summit, the world’s

UN hears Gaza distress call – Can they act?

The United Nations Security Council will hold its monthly open session on Wednesday to discuss the worsening situation in the Middle East, with the ongoing conflict in Gaza expected to dominate proceedings.

German minister forced into shelter in Israel

Reem Alabali-Radovan currently on a visit to Israel and the wider region, was caught in the latest escalation as sirens sounded across parts of the country. Germany’s Development Minister, Reem Alabali-Radovan, was

Arab fury as Israel bombs Syria

Syria, the United Arab Emirates (UAE), and Jordan have strongly condemned recent Israeli military actions on Syrian territory, warning that the escalating strikes pose a grave risk to regional security. The Syrian
Go toTop

Don't Miss

Divided G20 gears up for crucial meet

It is likely to be the most fractious meeting ever

Modi dials Putin, urges immediate end to violence in Ukraine

PM Narendra Modi reiterated his long-standing conviction that the differences