Putin’s India Visit Concludes With New Deals as Moscow–New Delhi Ties Tighten

Analysts describe the outcome as a step toward de-risked energy trade through national-currency deals.

Overview

Over December 4–5, Vladimir Putin met Prime Minister Narendra Modi and President Droupadi Murmu in New Delhi, and the sides signed a series of bilateral agreements.
Russian and Indian commentary highlighted expanded energy cooperation and growing use of local currencies in trade and investment, with experts noting implications for dollar reliance.
A Cuban analyst cited by TASS said the partners are exploring alternative trade routes designed to reduce the impact of Western sanctions on commerce.
A Thai political scientist told TASS the visit signals India’s strategic autonomy and reflects a broader move toward a multipolar international order.
Der Spiegel reported that European ambassadors’ pre-visit op-ed condemning Russia’s actions in Ukraine was perceived in New Delhi as offensive interference.