Bilateral Trade for 'Viksit Bharat': Strengthening India-Russia Economic Ties Towards 2047

India and Russia share a strategic partnership that has been a cornerstone of their foreign policies for decades. This relationship traces its roots to the Cold War era, particularly after the signing of the Indo-Soviet Treaty of Peace, Friendship, and Cooperation in 1971, which solidified their alignment during a period of global bipolarity. Over the years, the partnership has been characterized by mutual trust, shared geopolitical interests, and a history of supporting each other on critical global issues. A key pillar of India-Russia relations has been defense cooperation. Russia has been one of India's largest and most reliable suppliers of military hardware, including aircraft, tanks, submarines, and missile systems. Joint ventures like the production of the BrahMos missile and the development of the Fifth Generation Fighter Aircraft (FGFA) highlight the depth of this collaboration. Beyond defense, the partnership has expanded into areas such as energy (oil, gas, and nuclear), space exploration (e.g., India's first astronaut Rakesh Sharma flew on a Soviet mission), and science and technology. The Kudankulam Nuclear Power Plant, built with Russian assistance, is a flagship project symbolizing their cooperation in civilian nuclear energy. India and Russia share a long-standing strategic partnership rooted in mutual trust, historical ties, and shared geopolitical interests. The relationship, dating back to the Cold War era, has been marked by strong defense cooperation, with Russia being a key supplier of military equipment to India. Over time, the partnership has expanded to include energy, space, nuclear technology, and science.