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Modi Calls on Indian Firms to Join Russian Companies in Defense Projects

© REUTERS / Dmitri Lovetsky/PoolRussian President Vladimir Putin (R) shakes hands with Indian Prime Minister Narendra Modi during a meeting on the sidelines of the St. Petersburg International Economic Forum (SPIEF), Russia
Russian President Vladimir Putin (R) shakes hands with Indian Prime Minister Narendra Modi during a meeting on the sidelines of the St. Petersburg International Economic Forum (SPIEF), Russia - Sputnik International
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Indian Prime Minister Narendra Modi called on Indian companies to actively participate in Russia-India strategic partnership in the defense sector.

Indian Navy personnel stand on an Indian Navy submarine during the International Fleet Review in Visakhapatnam on February 6, 2016 - Sputnik International
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STRELNA (outside St. Petersburg) (Sputnik) — Indian Prime Minister Narendra Modi on Thursday called on Indian companies to actively participate in Russia-India strategic partnership in the defense sector.

"We have recently agreed to boost our [India-Russia] strategic partnership in the defense sector, we have made political decisions in this respect and I encourage your [Indian] companies to participate in such political decisions so that they can determine for themselves how they can interact with Russian companies," Modi said at a meeting with representatives of Russian and Indian business circles on the sidelines of the St. Petersburg International Economic Forum (SPIEF).

SPIEF, a major global platform for communication between business representatives and discussion of crucial economic issues, kicked off in Russia’s St. Petersburg on Thursday and will continue through Saturday. Sputnik News Agency is the official media partner of the forum.

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