The Russian leader has said New Delhi’s move to boost local manufacturing has worked well for Indian economy
Russian president Vladimir Putin has cited India as an example of a country encouraging companies to develop, manufacture, and assemble products locally. He spoke at a forum in Moscow organized by Russia’s Agency for Strategic Initiatives (ASI).
“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,” the president said.
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…