Major economic push: India-Russia partnership takes trade, investment to next level during Putin's visit to New Delhi

Speaking during a joint briefing, Modi said: "Over the past eight decades, the world has witnessed many ups and downs. Humanity has faced numerous challenges and crises"

"And through all this, the India-Russia friendship has remained like a pole star. This relationship, built on mutual respect and deep trust, has always stood the test of time," Modi said.

"Today, we discussed all aspects of cooperation to further strengthen this foundation. Taking economic cooperation to new heights is our shared priority. To achieve this, we have agreed on an Economic Cooperation Program until 2030," he said.

Modi said the initiative will make India's trade and investment diversified, balanced, and sustainable.

He further said: "Both sides are striving for the early conclusion of an FTA with the Eurasian Economic Union. Our close cooperation in the fields of agriculture and fertilizers is crucial for food security and farmer welfare."