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Indian Defence Leaders Held Rare Meetings In Russia Amid Western Tech Concerns: Report

The meetings marked the first visit of India’s defence business leaders to Moscow since Russia’s 2022 invasion of Ukraine. The delegation’s visit had not previously been reported.

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UPDATE: Bharat Forge unequivocally denies any representation or participation in the meetings referenced in the article. No individual representing Bharat Forge or any Kalyani group company has travelled to Russia since 2021, it clarified.

Original report follows:

At least half a dozen executives from leading Indian defence firms, including Adani Defence, attended rare meetings in Russia this year to explore potential joint ventures, as reported by Moneycontrol based on source inputs.

The meetings marked the first visit of India’s defence business leaders to Moscow since Russia’s 2022 invasion of Ukraine. The delegation’s visit had not previously been reported. The Indian government is seeking to pivot decades-old defence ties with Russia towards joint weapons development.

Potential Western Technology Implications

Any collaboration with Russia carries potential risks for Indian firms’ plans to jointly develop Western defence equipment. Prime Minister Narendra Modi has been pushing to position India, one of the world’s largest arms importers, as a global manufacturing hub.

Western diplomats have previously cited India’s extensive defence ties with Russia, approximately 36 per cent of Indian military equipment is of Russian origin, as a key obstacle to the transfer of sensitive military technology.

Context of the Moscow Meetings

The talks were held on the sidelines of a visit by an Indian defence-industrial delegation on October 29-30, led by India’s Defence Production Secretary Sanjeev Kumar. The visit aimed to set the stage for Russian President Vladimir Putin’s December 4-5 visit to India.

India’s defence ministry and other cited firms did not respond to requests for comment, as per Moneycontrol.

Joint Production Opportunities

Sources said discussions covered the potential manufacturing of spares for Mikoyan MiG-29 fighter jets, Russian-origin air defence systems, and other weapon systems. Russia reportedly proposed setting up production units in India for equipment that could also be exported back to Moscow.

“Russia has been India’s top arms supplier for decades. During Putin’s visit, the two sides agreed to reorient their partnership towards joint research, co-development, and co-production of advanced defence technology to support India’s self-reliance,” the sources said.

Indian Executives in Attendance

The delegation included representatives from conglomerates, state-owned firms, and startups involved in drones and military AI.

Adani Defence and Aerospace was represented by CEO Ashish Rajvanshi, according to sources. Also present was a representative from the Society of Indian Defence Manufacturers, an advisory group of more than 500 defence equipment makers, including Tata Sons and Larsen & Toubro.

Indian firms remain cautious about pursuing new deals with Russia due to potential secondary sanctions. “While India can offer some protection through diplomatic channels, firms will have to weigh political risks themselves,” said a senior defence official.

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ABP Live Business is your daily window into India’s money matters, tracking stock market moves, gold and silver prices, auto industry shifts, global and domestic economic trends, and the fast-moving world of cryptocurrency, with sharp, reliable reporting that helps readers stay informed, invested, and ahead of the curve.

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