As Russian President Vladimir Putin travels to Delhi as the chief guest for the Republic Day celebrations, it is important to understand the dynamics of the equation.
In simple terms, India and Russia see eye to eye on various global issues. Despite an ebb in bilateral relations after the collapse of the Soviet Union, the two nations have revived and strengthened their ties in every field, particularly in the military and technological fields.
Russia continues to be a major player in the Indian defence market and is into various joint ventures with Indian factories to produce military equipment including aircraft and missiles like the Brahmos.
During Prime Minister Manmohan Singh's visit to Russia in December 2005, the two sides agreed on various pacts, including reciprocal protection of intellectual property rights and joint exploration for oil in Central Asia.
Energy cooperation is likely to be a big factor in coming years for both nations.
Russia is already building nuclear reactors in India, and more are in the offing under International Atomic Energy Agency guidelines.
A resurgent Russia knows that a strong India is crucial for its plans to counter other growing Asian powers, particularly China.
India sees Russia as a major supporter for its UN Security Council bid, and on its position on Kashmir.
The Elephant knows it can count on its old relations with the Bear.
Photograph: Prime Minister Manmohan Singh and Russian President Vladimir Putin before a G-8 meeting at the Konstantinovsky palace outside St Petersburg, July 17, 2006. Photograph: Dmitri Astakhov/AFP/Getty Images
Also Read: Why Russia & India matter
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