Modi spoke after a one-day summit that sought to revive a relationship
that peaked in the Soviet era, while the two sides signed billions of
dollars in deals covering nuclear power, oil and defence cooperation.
In the most significant ones, state-owned Rosatom will build 12 nuclear reactors in India, energy major Rosneft inked a 10-year crude supply deal with Essar Oil and Russia promised to build advanced helicopters in India.
"Even if India's options have increased, Russia remains our most important defence partner," Modi told reporters after the first formal summit between the leaders since Modi won election by a landslide in May.
Putin's visit comes as the Kremlin grapples with a sliding oil price and weak economy that have deepened the impact of Western sanctions over its annexation of Crimea last spring and support for an uprising in eastern Ukraine.
The tension over Ukraine intruded on the choreographed visit when it emerged that the Russian-backed leader of Crimea had travelled as part of Putin's delegation for what were billed as unofficial talks to enhance trade.
In the most significant ones, state-owned Rosatom will build 12 nuclear reactors in India, energy major Rosneft inked a 10-year crude supply deal with Essar Oil and Russia promised to build advanced helicopters in India.
"Even if India's options have increased, Russia remains our most important defence partner," Modi told reporters after the first formal summit between the leaders since Modi won election by a landslide in May.
Putin's visit comes as the Kremlin grapples with a sliding oil price and weak economy that have deepened the impact of Western sanctions over its annexation of Crimea last spring and support for an uprising in eastern Ukraine.
The tension over Ukraine intruded on the choreographed visit when it emerged that the Russian-backed leader of Crimea had travelled as part of Putin's delegation for what were billed as unofficial talks to enhance trade.
Source: Hindi News and Newspaper
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