India-Russia trade is undergoing a major structural reset, transitioning from a relationship dominated by energy and defense into a diversified economic partnership. President Vladimir Putin and Prime Minister Narendra Modi formalized a blueprint for long-term economic integration with targets to reach US$100 billion by 2030. Explore the Russia-India business corridor. Find analysis on bilateral trade, strategic joint ventures, and investment opportunities. Key intelligence for companies in this growing partnership.
The new Lucknow facility at the India-Russia Brahmos missile joint venture has increased total production capacity by 20%, with orders expected from other Asian nations.
Russia’s Roscosmos with working with the Indian Space Research Organization on multiple space projects, including the BRICS Space Council as well as assistance with India’s planned Bharatiya Antariksh Space Station, planned for deployment in 2028.
Russia’s Kalashnikov have agreed a deal to supply the Indian armed forces with anti-drone equipment and specialist drone small arms equipment, mainly for use in cold high-altitude regions in the Indian Himalayas.
Is multiculturalism dead – or just moving away from the West to the Global South? The joint Russia-India film ‘Persimmon of my Love’ has been playing to rave reviews on a national release in Russia, while co-BRICS film productions are also underway between Russia and Brazil, China, Egypt, Iran and Indonesia amongst others.
Russia is bringing in new cryptocurrency laws from July 1 which have the potential to revolutionise Eurasian and global trade finance and especially with China, India, ASEAN and the Middle East. We examine the laws in detail and analyse what they mean in the next generation of international financial flows.
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The BRICS countries are continuing their plans to establish a grain exchange, to divert agricultural trade away from Western platforms. The BRICS both produce and consume about 44% of the world’s total markets for corn, wheat and rice, with members Brazil, China, India, Indonesia and Russia amongst the world’s largest producers and consumers.
India’s oil imports from Russia increased by an additional 750,000 barrels of Russian crude during June, an amount equivalent to a weeks consumption by a market the size of Singapore.
India is testing Russian rare earths sourced from Siberia to assess quality and properties, and may become a strategic buyer as New Delhi looks to urgently boost its national EV production
The annual meeting of BRICS Agricultural Ministers has been taking place in India with several important initiatives being planned. Russia’s agricultural trade with BRICS countries rose 5% last year.
Our deep-dive analysis into the results of SPIEF 2026 – the signed agreements, investment deals, Russian corporate finance, multilateralism and agreed projects, including China, India, ASEAN, Middle East, African and LatAm investment plans.
Pakistan’s influence and strategic potential as a gateway to Southern Eurasia and South Asia for Russia is rapidly developing. Bilateral trade tripled last year, while major infrastructure developments are poised to take place in transport and energy. We provide a detailed overview of an often neglected area of Russia’s reach deep into Asia.
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