New Delhi: In a major boost for Modi government’s Make in India programme to promote manufacturing in India, Russian President Vladimir Putin said he will encourage Russian companies to set up base in India. Putin praised Prime Minister Narendra Modi’s government for their stable policies and also praised the Make in India programme.
Putin was speaking at Russia’s investment forum in Moscow. The Make in India programme played a key role in strengthening the Centre’s role in attracting foreign investment in India, the Russian President added. While praising the stable operating conditions for small- and medium-sized businesses under the Modi government. He said Russian companies were interested in setting up plants in India owing to the profitability of these operations.
Russian President #VladimirPutin lauds Prime Minister #NarendraModi-led government for its efforts in creating stable conditions for small and medium-sized enterprises (SMEs) in #India.
Addressing the Investment Forum in #Moscow, Mr Putin also highlights India’s economic… pic.twitter.com/D2kdWVKzHe
— All India Radio News (@airnewsalerts) December 5, 2024
“We are also ready to set up our manufacturing operations in India. The Indian government, under the prime minister’s leadership, has been creating stable conditions, driven by a policy of putting India first,” Putin said.
Russian oil major Rosneft has invested $20 billion recently in India, Putin added. He also urged member nations to provide greater cooperation for small and medium-sized enterprises under the BRICS umbrella. Putin urged members to identify important areas for cooperation during the upcoming summit in Bazil,
Russian President Vladimir Putin praised the Modi government for providing stability to small- and medium-sized businesses in India. Putin also stated that Russian companies will be setting up base in India owing to the profitability of these operations. Biz News Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
