Modi, Putin agree on $100 billion trade target by 2030; outline defence, energy ties

Prime Minister Modi and President Putin discussed expanding industrial collaboration between India and Russia across manufacturing and critical minerals sectors. The two leaders agreed to pursue a bilateral trade target of $100 billion by 2030, focusing on boosting Make in India initiatives and narrowing the trade gap.

The discussions also covered progress in defence and energy cooperation. Both nations agreed to explore joint energy projects and deepen civil nuclear collaboration as part of broader efforts to strengthen bilateral ties.