President Putin on Make in India: The friendship between India and Russia is going to deepen. Russian President Vladimir Putin has praised PM Modi's initiative Make in India. He also said that investing in India is profitable.

In fact, the Russian President, while speaking about Make in India, said that due to this policy, small and medium scale industries in India have got stability. He further said that we are also ready to set up our manufacturing operations in India. We believe that investing in India is profitable.

Russian President praised PM Modi a lot

Russian President Vladimir Putin praised the PM's India-first policies. He said that Russia will set up manufacturing plants across India. Speaking at an investment summit in the Russian city of Moscow, President Putin said that he is impressed by how Prime Minister Modi's 'Make in India' initiative is strengthening India's position globally.

At the same time, while expressing his praise for PM Modi, Russian President Vladimir Putin also acknowledged how India's policies have contributed to India's development by creating a stable environment for development.

Is investing in India profitable?

At this summit, the Russian President said that Prime Minister Modi has a program called Make in India. We are also ready to set up our manufacturing operations in India. The Indian government under the leadership of the Prime Minister is creating stable conditions inspired by the policy of giving priority to India. We believe that investing in India is profitable. At the same time, the President of Russia said that the Russian company Rosneft has recently invested $ 20 billion in India.

What will be the impact on America?

The Russian President indirectly targeted the US in his address. In his address, he said that the emergence of new Russian brands is helping to replace Western companies that have voluntarily left our market.

It is clear from the statement of the Russian President that India is emerging as a big manufacturing hub in the world. This is the reason why Russia is now choosing India for investment. If Russia succeeds in leaving behind American goods from the Indian market, then it will be no less than a big shock for America.

Trump has previously threatened the BRICS countries

It is noteworthy that the Russian President has recently supported the SME development of the BRICS countries. Apart from this, he has also talked about facilitating smooth trade in the Global South. At the same time, in recent times, the newly elected President Donald Trump had threatened the BRICS countries. He had clearly said that if the BRICS countries trade in any currency other than the dollar, then 100 percent tariff can be imposed on them. In this situation, Putin's new statement can prove to be a challenge for America.