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New Delhi: In what should be seen as a major development, at least half a dozen executives from top arms manufacturing companies from India, including Adani Defence and Bharat Forge, attended rare meetings in Russia in 2025, according to a report by news agency Reuters. The aim of the meeting has been seemingly to discuss probable joint ventures.
Meanwhile, Bharat Forge has said that it "unequivocally denies any representation or participation in the meetings referenced in the article. No individual representing Bharat Forge or any Kalyani group company has travelled to Russia since 2021."
They reportedly began when India's defence business leaders first visited Russia after its Ukraine war started. The Centre is looking to re-establish its defence ties with Russia. Notably, the government led by Prime Minister Narendra Modi is pushing to make India a global manufacturing hub of weapons as part of the 'Make in India' initiative. On October 29-30, an Indian defence-industrial delegation led by India's Defence Production Secretary Sanjeev Kumar visited Moscow and talks took place at that time.
The goal of the meetings was reportedly to manufacture spares for Mikoyan MiG-29 fighter jet, and other air defence and weapon systems of Russia. Also, Russia reportedly proposed to set up production units in India to make equipment which could be exported to Moscow as well. Notably, during Putin's recent visit to India, he and PM Modi agreed to reorient their partnership "to joint research and development, co-development and co-production of advanced defence technology and systems." Several people from Indian defence firms and also startups that develop drones and artificial intelligence for the military, attended the meeting as per the report.