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"The end of 2021 may prove to be an important milestone in the evolution of strategic relations between Russia and India. On 6 December, Russian President Vladimir Putin flew into New Delhi on a one-day state visit. The one-on-one meeting with Indian Prime Minister Narendra Modi, which lasted three and a half hours, was aimed at restoring confidence between the two powers as time-proven and trusted strategic partners.
For Putin, the trip to India was only his second overseas visit since the outbreak of the Covid-19 pandemic (the other was the first meeting with his US counterpart Joe Biden in Geneva). That fact alone signifies the importance of India to the Kremlin and the desire to keep relations close. But Putin’s brief visit to New Delhi was just part of broader high-level bilateral talks, which included an impressive entourage representing both countries. ...
The target of US$30 billion in annual trade by 2025, which was set in 2019, was confirmed. ..."
They also signed another 10-year agreement on joint military–technical cooperation until 2031 and agreed to expand and deepen bilateral defence cooperation. Adding to that, Russia has reaffirmed its position as one of the principal providers of advanced military technology to the Indian military. Since 1991, India has acquired a comprehensive suite of weapons and platforms for all its fighting services worth some US$70 billion. The current value of India’s defence contracts with Russia is approximately US$15 billion.
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