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Synopsis In this book some of the India's outstanding scholars and experts  have given a fresh look to the Indo-Russian relations in the 21st century in the fast Russian relations in the 21st century in the fast changing world situation.  In a period of globalization and emergence of an interdependent world, what has to be understood is that Asia has become 'Centre of Gravity' of our planet.  If the attention of the developed nations is concentrated on this region, China and India have emerged as Asian giants and Russia as a Eurasian nation has regained its status as one of the most powerful global factors after the disintegration of the Soviet Union.  It is in this background that Indo-Russian relations have been analyzed in this study.  What clearly stands out is that Indo-Russian relations are not only time tested and deepen.  They have begun to reveal new trends.  This indeed have been regional and global significance as the study has concluded.  Thou India is diversifying its military purchases to modernize its armed forces, Indo-Russian defence cooperation has a unique character.  This relationship links India's defence and security to Russia's economy.  Again Russia is helping India to build its nuclear energy.  This is evident by the nuclear power plant being built at Kudankulam in Tamil Nadu.  As far as Indo-Russian economic relations are concerned, they have yet to touch the old height.  This study shows that both the countries are exploring new areas of economic cooperation.  India and Russia are multicultural, multi-ethnic and multi-religious nations.  They are now facing the common problem of rise of terrorism and secessionism.  They have evolved a common strategy to face these challenges with their own variations.  What is of far reaching importance is that both the countries are committed to build multi-polar world and follow an independent foreign policy in their national interests.  If one goes by this study Indo-Russian relations have assumed a multi-dimensional character and have become a very important factor for peace stability and cooperation on the principles of equality and sovereignty of al the nations, big and small.