Impact of Russia Ukraine War on Indian Economy
DOI:
https://doi.org/10.51699/ajdes.v16i.465Keywords:
Russia, Ukraine, War, Indian, economy, neutral, geopolitical, powers, allianceAbstract
The Russian invasion of Ukraine in February was the largest conventional military attack seen since World War II and can cause a global economic catastrophe. India had taken a neutral stance, born of its historic strategic partnership with Russia. This alliance, harking back to Cold War times, spans several fronts—diplomacy, defense, nuclear energy, and technology—making Russia a pivotal part of India’s nation-building process, especially during its infancy. Yet, this is unlikely to shield India from the ravages of a war of such scale. Especially since, in the global geopolitical context, both India and Russia today find themselves ever more closely linked to two others powers, China and the US.
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