India and Russia Strengthen Strategic Ties: Focus on Nuclear Energy, Arctic Cooperation
The recent India-Russia Summit, featuring Prime Minister Narendra Modi and President Vladimir Putin, has underscored a significant broadening of bilateral ties. Discussions extended beyond traditional defence cooperation to encompass crucial areas such as nuclear energy, Arctic exploration, and robust economic partnership.
A key highlight was the emphasis on portable nuclear technology, specifically small modular reactors (SMRs). These SMRs are poised to revolutionise clean energy production in India, offering a quicker and more flexible alternative to conventional nuclear plants.
Furthermore, both nations are set to enhance cooperation in the Arctic, a region rich in critical minerals and geopolitical significance, where India seeks to protect its interests as a dialogue partner.
Economically, the summit yielded concrete deliverables, including Russian enterprises setting up facilities in India for pharmaceutical manufacturing and a ambitious $100 billion bilateral trade target. This expanded cooperation signals a joint vision for a multipolar world order, with a strong focus on self-reliance and mutual development.