Moscow, June 5 -- Russian President Vladimir Putin on Friday noted India's IT strength at St. Petersburg International Economic Forum (SPIEF) 2026.

"I would like to welcome another key partner of ours, India, which is one of the leading players in the IT industry. It accounts for a significant share of the global software market," Putin said.

Putin also noted that BRICS share in world GDP has hit 40% while G7 below 29% and that BRICS leadership will continue to grow.

"Importantly, new centers of growth want to select their own development trajectories. They want a greater share of value-added products and to build their own brands, standards, and competences. If you look at global GDP dynamics over the last five years, you will see tha...