Sun. Jul 14th, 2024

Putin applauds PM Modi’s ‘Make in India’ vehicle initiative: ‘Doing the right thing’

By Sep 13, 2023
Putin applauds PM Modi's 'Make in India' vehicle initiative: 'Doing the right thing'Putin applauds PM Modi's 'Make in India' vehicle initiative: 'Doing the right thing'

According to Putin, domestically produced automobiles should be used since nations like India have led by example with their policies under Prime Minister Modi.

Speaking at the 8th Eastern Economic Forum (EEF) in the Russian port city of Vladivostok, Russian President Vladimir Putin praised Prime Minister Narendra Modi’s “Make in India” policy and said that Modi was “doing just the right thing” by encouraging Indians to use products made in India and promoting the program.

Speaking on a query made on Russian-manufactured cars, Putin said that domestically manufactured automobiles should be used and countries like India have already set examples through their policies under Modi’s leadership.

In response to a question about cars created in Russia, Putin said that manufactured automobiles should be used and that nations like India have already done so through their programs under Prime Minister Modi.

“You know, we didn’t have domestically made cars then [in the 1990s], but we do now,” Putin stated during the forum. True, they appear more modest than Mercedes or Audi vehicles, which we purchased in large numbers in the 1990s, but this is not a concern. I believe we should learn from many of our allies, including India. They are mostly concerned with the manufacture and use of automobiles and vessels manufactured in India. And Prime Minister Modi is doing the right thing in this area by pushing people to use the Made in India brand. We also have those vehicles accessible, and we should make use of them.”

He went on to say that using Russian-made automobiles was just fine.

According to a transcript of the plenary session, Putin stated, “This will not result in any violations of our WTO obligations, absolutely not.” It will be about state acquisitions. We need to establish a chain of command for what cars different kinds of officials can drive in order for them to employ domestically manufactured vehicles.”

He went on to say that buying Russian-made cars would be easier because “logistics are streamlined.”

At the occasion, Putin stated that the India-Middle East-Europe Economic Corridor (IMEC), which was unveiled on the margins of the G20 leaders’ summit in New Delhi, posed no threat to Russia and that the project would only benefit the country.

“It’s true that the Americans rushed on this train at the last minute. But I don’t understand the value of being involved in this endeavor for them. Only from the standpoint of commercial interest, possibly. Meanwhile, the increased movement of products along this route is an extension of our North-South project. We have nothing here, but we see something that could impede us.”

According to the Russian news agency TASS, Putin stated that the US hopped in the “last car” by reaching an agreement with the European Union, Saudi Arabia, and India. He stated that IMEC will assist Russia in developing logistics, adding that the idea has been discussed for several years.

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