Index – Economy – Russia may lose one of its most important trading partners

According to the Stockholm International Peace Research Institute, 65% of India's arms purchases, worth more than $60 billion, over the past two decades, have been delivered by Russia. Reuters.

Thus, the country, which is considered the largest arms importer in the world, can approach the United States, which will benefit from this, as it can increase its advantage in the economic competition with China by building relations in the Indo-Pacific region.

We are unlikely to undertake major military actions with Russia

The newspaper quoted Nandan Unnikrishnan, a Russian expert at the Observer Research Foundation in New Delhi.

The expert adds that if they do so, they will harm rapprochement with Washington.

According to internal sources, Prime Minister Narendra Modi has already rejected the Russian business offer and is focusing on domestic production using Western technology.

Such efforts would be more in line with Modi's “Make in India” platform to encourage domestic manufacturing as he seeks a rare third term in the general election in May.

India plans to spend nearly $100 billion on defense orders over the next decade, the Indian Defense Minister said.