India and Russia Discuss Investment Expansion in Moscow

Indian and Russian business leaders and government officials met in Moscow during the final week of January 2026 to discuss expanding investments, joint projects, and the development of new financial instruments. This meeting follows a December summit in Delhi between Narendra Modi and Vladimir Putin.

The partnership allows the Russian government to maintain its global status and economic viability through crude oil sales amid international sanctions. For India, the relationship provides critical energy resources, though it creates significant diplomatic friction with Western powers.

The Government of India is currently balancing these ties against threats from the United States, which has proposed potential 500 percent tariffs if India continues purchasing Russian oil. Maintaining this equilibrium is essential for India as it pursues the goal of becoming the world's third-largest economy while remaining integrated with Western markets.