Russian President Vladimir Putin praised India's rapid economic growth and credited the leadership of Prime Minister Narendra Modi for the country's success.
The statement underscores Russia's strategic view of India as an indispensable economic partner during a period of global geopolitical shifts. By highlighting India's financial trajectory, Putin signals a desire to strengthen bilateral ties despite international pressures.
Putin said that "India's economic rise is almost like a miracle" [1]. He said that the country is now demonstrating the highest economic growth rates among all major global economies [1].
The Russian leader linked these achievements directly to the administration of Prime Minister Modi. He said that India is now one of the world's leading economies [2].
This praise comes as Russia continues to navigate sanctions and trade restrictions. The Russian leadership has previously suggested that efforts by the U.S. to curb Russian oil purchases have failed [2], a dynamic that has seen India increase its energy imports from Russia.
Putin said that the progress seen in India is the result of hard work [2]. He credited the specific leadership style, and policies of the Modi administration for steering the nation toward its current economic standing [2].
“"India's economic rise is almost like a miracle"”
This diplomatic gesture reflects Russia's need to maintain strong ties with emerging global powers to offset Western economic isolation. By framing India's growth as a 'miracle' and praising Modi's leadership, Putin is reinforcing a strategic partnership that allows Russia to maintain critical export markets while India secures energy resources at competitive rates.
