Prime Minister Narendra Modi and Russian President Vladimir Putin are all set for an informal summit in Sochi today. Today's meeting is the first of the several meetings which would be scheduled this year between the two leaders.

"Russia played a major role in helping India get a permanent membership in SCO. We are working together on International North-South Transport Corridor (INSTC) and BRICS,PM Narendra Modi  said in Sochi.

"India and Russia have been friends for a long time. Thankful to President Putin for inviting me for an informal meeting at Sochi", added PM Narendra Modi.

PM also Modi thanked the Russian president for inviting him to the informal summit.