India's Abdul Kalam received Vladimir Putin at his residence, Rashtrapati Bhavan, in New Delhi.
In his speech at the meeting, Putin said India was marking 60 years of independence this year, as well as 60 years of diplomatic relations with Russia.
"During these decades, we have treaded the historical path from the first interstate contacts to the present-day strategic partnership, and these years have become a time of strong friendship for our nations," Putin said.
He also hailed the agreements reached during his talks with Indian Prime Minister Manmohan Singh earlier in the day.
Russia and India signed two cooperation agreements on the global space navigation system Glonass, a Russian version of the U.S. Global Positioning System (GPS), which is designed for both military and civilian purposes, and allows users to identify their positions in real time. The system can also be used in geological prospecting.
The sides also signed a memorandum of understanding stipulating that Russia will build four nuclear reactors for India's Kudankulam power plant, in addition to two reactors already under construction.
The Indian president said, in turn, that Russia and India continued to work for global peace in conditions of globalization when humanity faces unprecedented challenges and threats such as terrorism.