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'Make In India' has visible effect on Indian economy: Vladimir Putin

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Make In India has visible effect on Indian economy: Vladimir Putin
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Moscow: Russian President Vladimir Putin showered praise on PM Modi’s ‘Make in India’ concept saying it has a ‘visible effect’ on the country’s economy.

Taking a leaf out of India’s book, President called for encouraging domestic products and brands in Russia, RT reported.

‘Our friends in India and Prime Minister Narendra Modi, a great friend of Russia, a few years ago presented a concept 'Make in India' and it had a very visible effect on the Indian economy,’ Putin was quoted saying in Moscow.

Putin’s pitching for domestic products comes at a time when Russian is facing Western sanctions and international backlash following Ukraine invasion.

It is more likely that Russian will push for domestic brands to stem the flood of Western brands in Russian market.

Meanwhile, Russian Ambassador Denis Alipov stressed that the ‘special Russia-India strategic partnership’ is ‘growing stronger as ever’.

‘There have been lies about Russia on a daily basis and on a global scale. Efforts are being made to disrupt Russia - India relations,’ Envoy Alipov said in Delhi at an event dedicated to the National Day of the Russian Federation.

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