The 23rd India-Russia Annual Summit is underway today between Prime Minister Narendra Modi and President Vladimir Putin, against the backdrop of high expectations within the global defence industry. Besides the diplomatic engagements, the summit is also likely to ink a few multi-billion dollar defence deals on fighter jets, missiles, and state-of-the-art air defence systems.

Announcements about a deal for the Russian Su-57 fifth-generation fighter jet and the S-500 anti-hypersonic missile system have wide attention for their potential to reshape the military balance in South Asia. India is pressing ahead with its long-standing defence partnership despite ongoing pressure from the United States.

Background: Summit Under Stress - A Partnership

President Putin arrived in Delhi on December

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