India's close relations with Russia covers politics, defence, civil nuclear energy, anti-terrorism cooperation and space. The strategic partnership has endured the test of time. Here is a snapshot.

India-Russia Annual Summit: October 2016 “An old friend is better than two new ones.” Indian Prime Minister Narendra Modi “Industries of both countries are improving cooperation; military and technical cooperation is also improving.” Vladimir Putin, Russian President

• 16 agreements across several fields

• India to spend over $5 billion to acquire S-400 Triumf air defence missile system

• India to buy three Project 11356 frigates from Russia

• Make in India: India-Russia to jointly manufacture 200 Kamov 226T multi-use helicopters

• Russian oil major Rosneft bought Essar Oil in an all-cash $13 billion deal

• Russian Direct Infrastructure Fund and India's National Infrastructure Investment Fund will each invest $500 million to create a joint $1-billion infrastructure fund for India

• Russian companies to invest in smart cities in Andhra Pradesh and Haryana

Main Indian Export Items to Russia:

• Pharmaceuticals

• Miscellaneous manufactures

• Iron & steel

• Apparels

• Tea &coffee

• Tobacco products

• Spices

Main Indian Import Items from Russia:

• Fertilizers

• Electrical equipment

• Defence and nuclear reactors

• Mechanical appliances, automobiles

• Iron & steel articles

• Construction and engineering services
• Pharmaceuticals
• IT
• Manufacturing
• Aviation

• The two countries signed a protocol on 24 December 2015 to simplify visa procedures for businessmen.
• The India-Russia Inter-Governmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation (IRIGC-TEC) is the apex G2G forum to review economic cooperation.
• India-Russia Forum on Trade and Investment and India-Russia CEOs Council are the two primary mechanisms to promote direct bilateral B2B contacts between India and Russia.
• Mechanisms such as India-Russia Business Council (partnership between FICCI of India and CCI of Russia), India-Russia Trade, Investment and Technology Promotion Council (partnership between CII of India and RUIE of Russia), India-Russia Business Dialogue (partnership between CII of India and Russia's Business Council for Cooperation with India) and India-Russia Chamber of Commerce (with focus on SMEs) supplement the efforts to build direct B2B ties.
• India and Eurasian Economic Union (EaEU) signed a joint statement to undertake joint feasibility study for the FTA between India and EaEU.