India in shipbuilding was pioneer long back. Now, it is nowhere in global shipbuilding scene. But recent developments such as Cochin shipyard getting big order and shipbuilding cooperation with Russia are promising to change the scene for better.
“We are not neighbors, we do not have a common border, but our souls are similar.
Although world has changed, so do India and Russia, the relation between both remained a stable factor in international life.
The natural resource rich region is strategically located in the Asian continent bordering Mongolia, China, North Korea, Japan, Alaska of USA, and two oceans Arctic and Pacific.
Natural resources like coal, diamonds, gold, fish, oil and gas, timber are abundant in this region.
Along with this, joint venture to produce AK-203 rifles at Amethi takes Indo-Russian cooperation to level of collaboration outside limited environment of buyer-seller.
Due to Russian support, India was admitted to Shanghai Cooperation Organization (SCO) as full member.
