1 min read · 117 words
Russia policy is a balance sheet: legacy arms, discounted crude and a veto that still matters.
Defence ledger
- S-400 squadrons delivered despite CAATSA pressure; Russian-origin share of the fleet slipping below half.
- BrahMos JV and the AK-203 rifle plant at Korwa are the live joint projects.
Energy pivot
- Russian crude rose from under 2% to over a third of imports after 2022, mostly Urals, in rupee-dirham settlement experiments.
The balance
- India abstains on key UNGA votes while pressing dialogue; annual summit revived 2024-25.
- Payments, spares and the Chennai-Vladivostok corridor are the working files.
Revise in 30 seconds
- S-400 delivered; CAATSA held off.
- Russian crude: ~2% → 30%+ of imports post-2022.
- Arms share falling but still the largest legacy stock.
- Abstain-but-engage: the voting pattern.
Quick revision
- S-400 squadrons delivered despite CAATSA pressure; Russian-origin share of the fleet slipping below half.
- BrahMos JV and the AK-203 rifle plant at Korwa are the live joint projects.
- Russian crude rose from under 2% to over a third of imports after 2022, mostly Urals, in rupee-dirham settlement experiments.
- India abstains on key UNGA votes while pressing dialogue; annual summit revived 2024-25.
- Payments, spares and the Chennai-Vladivostok corridor are the working files.
- S-400 delivered; CAATSA held off.
