Sunday , December 22 2024

Putin believes in ‘Make in India’! Said- “Russia is also ready to set up a factory in India”


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Russian President Putin has once again praised PM Modi’s Make in India initiative from a public platform. Putin said that the situation is stable today because of PM Modi’s India First policy.

Russian President Vladimir Putin has been convinced by PM Modi’s ‘Make in India’ initiative. He praised Prime Minister Narendra Modi for such wonderful initiatives and policies that have brought stability in India. The President has also offered to set up Russian manufacturing units in India. Addressing the 15th VTB Investment Forum in Moscow on Wednesday, Putin said that under the import substitution programme, new Russian brands have emerged to replace Western brands that have exited the Russian market. Even before this, the President of Russia has praised PM Modi’s work and his leadership many times.

Putin described Russia’s import substitution program as similar to India’s ‘Make in India’ initiative and said India’s leadership is focused on a policy of prioritizing its interests. Putin said, “Prime Minister Modi also has one such program ‘Make in India’. “It’s similar to our program.” He said that the ‘Make in India’ initiative launched with the aim of promoting manufacturing and attracting foreign investment has played an important role in strengthening India’s position in the global economy. The Russian President said, “The Prime Minister of India and the Government of India are creating stable conditions.