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.
India has agreed to sell the Russian Joint Venture, India manufactured Brahmos missiles to Vietnam in a US$600 million plus agreement, with similar deals also lined up with Indonesia.
Russia and India have signed important rare earth development agreements at the RedMet 2026 congress in Moscow. These focus on the development of rare earth magnets, a crucial part of the global new-tech industry with applications in computing, smart phones, electric batteries and beyond. Both Russia and India have significant rare earth reserves, as does China, Kazakhstan, Vietnam and Brazil.
The BRICS Foreign Ministers have been meeting in New Delhi in arguably a more important event than Trump’s visit to China. We explore how Russia and India are remapping the Global South and are creating new energy supply chains, security alliances and trade corridors in mechanisms that will reshape international trade.
Russia’s President Putin gave a detailed speech on May 9 (Victory Day) in which he discussed his thoughts and Russia’s strategy as concerns its immediate direction towards the Global South. He commented specifically about Central Asia, the Middle East, South Asia and China as well as Europe, and how he sees global developments pan out. This article will be of interest to all Russia-watchers, geostrategic analysts as well as politicians in the West and Global South.
We deep dive the UAE’s decision to leave OPEC from May 1 and examine the impact on Russian, Asian and Global markets, and assess what other oil related supply shocks could manifest in these markets over the short, medium and longe terms.
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The Russian-Indian Joint Venture Brahmos Aerospace has realised a 48.6% growth in profits for the past fiscal yea, according to financial results released on Wednesday. The company manufactures the Brahmos cruise missile which can fly at Mach 2.8 and cannot be intercepted by other defence systems.
Indian and Russian investors are building a US$2 billion Urea production plant at Togliatti to secure the future supplies of fertilizers to India following supply chain weaknesses uncovered during the Iran conflict. India is the world’s biggest urea importer.
Russia is upgrading its Taman Port near Krasnodar to help develop urea and other fertilizer exports, specifically for Asian markets now seeking supply chain alternatives to the sole Middle East route. When completed, the port’s capacity will increase to 3.5 million tonnes of ammonia and 1.5 million tonnes of urea per year.
India has added several Russian companies to, and extended the licences of several Russian maritime insurance companies after coverage expired due to delays caused by problems in the Persian Gulf. The number of Russian insurers licenced to finance maritime risk in India has been increased to eleven.
Russia and Pakistan have commenced discussions concerning a Pakistan-Eurasian Economic Union Free Trade Agreement. Pakistan has an economy worth over US$2 trillion and a consumer market of over 250 million people. Moscow see Pakistan as a promising partner in the region with significant potential for growth.
Russia has stepped up diplomatic and energy supply chain developments this past month with visits to India, Bangladesh and Sri Lanka, while Pakistan and Afghanistan, both bordering Iran, are also developing as key links in new emerging South Asian oil and gas infrastructure and architecture. We examine what is happening in a region that Russia is almost right in the centre of as regards energy security and future supplies.
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