Try GOLD - Free
KEEPING AN ARMS DISTANCE
India Today
|12th August, 2024
India's military trade with Russia has declined due to increased procurement from the West and emphasis on indigenous material. But with much of its equipment still of Russian origin, New Delhi has to keep up strategic-defence ties with Moscow too
India and Russia share decades of close strategic alliance. However, defence sales and military-technical cooperation—one of the pillars of the ‘special and privileged strategic partnership’— between the two nations have taken a backseat. In recent years, India has been reducing its reliance on Russian defence equipment and increasingly turning to western allies like the US and France as well as its domestic arms industry to meet its growing needs. This was evident during Prime Minister Narendra Modi’s two-day visit to Moscow on July 8 and 9 for the 22nd annual summit between the two nations. In the inaugural bilateral visit of his third term in office, PM Modi held both delegation-level talks and one-on-one discussions with President Vladimir Putin. On the back of bilateral trade reaching an all-time high of $65.70 billion (Rs 55,040 crores) in 2023-24—largely due to India buying large amounts of Russian oil—the focus was on economic aspects. Matters relating to energy, trade, manufacturing, technology and fertilisers were discussed. Announcement of a big defence deal was missing.
This story is from the 12th August, 2024 edition of India Today.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM India Today
India Today
THE PURSUIT OF HAPPY ENDINGS
CHETAN BHAGAT'S LATEST WORK OF FICTION IS A TRAGI-COMIC ROMANCE BETWEEN UNLIKELY PARTNERS, WHICH NEVERTHELESS ENDS ON A NOTE OF HOPE
3 mins
December 08, 2025
India Today
THE TRAGIC DIVIDE
Meiteis are 53 per cent of Manipur's population, but occupy only 9 per cent of its land. The Kuki-Zo tribes, 16 per cent of the population, are spread over 28 per cent
18 mins
December 08, 2025
India Today
A CLEAN, GREEN FUTURE
DONALD TRUMP MAY BE CHAMPIONING FOSSIL FUELS AGAIN, BUT THE INDIA TODAY ENERGY SUMMIT REITERATED THE COUNTRY'S COMMITMENT TO RENEWABLES, DESPITE THE CHALLENGES
4 mins
December 08, 2025
India Today
MANY FACETS OF THE TAJ
An ongoing exhibition at DAG, NEW DELHI, offers a deep dive into the Taj Mahal through artworks depicting it
2 mins
December 08, 2025
India Today
BRIDGING THE WIDE FUNDING CHASM
COP30 advanced key finance outcomes but the roadmap still needs milestones, burden-sharing and clear pathways to the $1.3 tn goal
2 mins
December 08, 2025
India Today
Shared Legacies
A new exhibition in Mumbai explores the artistic exchange between Indian and Arab artists across the 20th century
1 min
December 08, 2025
India Today
UNION VERSUS TERRITORY
A proposed constitutional tweak set off a political storm in Punjab, reopening old wounds over Chandigarh's status and symbolism
3 mins
December 08, 2025
India Today
PANEL PLAY
AN EXHIBITION AT THE BIRLA ACADEMY OF ART CULTURE, KOLKATA, BRINGS THE BEST INDIAN COMICS TALENT UNDER ONE ROOF
1 min
December 08, 2025
India Today
Back to the Source
Two upcoming immersive experiences blend music, culture and community as part of Amarrass Music Tours
1 mins
December 08, 2025
India Today
The Listicle
Upcoming musical performances you should not miss
2 mins
December 08, 2025
Listen
Translate
Change font size

