The streets of Delhi are adorned with Russian and Indian national flags and banners as a symbolic welcome to Russian President Vladimir Putin ahead of the 23rd India-Russia Annual Summit. The main focus is to strengthen economic balance and secure bilateral trade amidst external pressures and geopolitical tensions. The largest challenge facing India is the increased purchase of crude oil from Russia, generating a significant trade imbalance. The summit aims to lay a solid foundation to boost Indian exports and enhance the market share of Indian products in Russia. There is also a long-term economic collaboration program announced until 2030, with a goal to reach a $100 billion bilateral trade volume by the end of the decade. Alongside a strong defense partnership, the summit is expected to address the purchase of an additional 5 S-400 squadrons by India from Russia, among other defense cooperation agreements. The visit is crucial for strengthening the longstanding defense cooperation between India and Russia.

Putin India Visit Live: Putin and Modi Meeting Sends a Clear Message to the World

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