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.
Sri Lanka has stated it is interested in joining the BRICS group as views it ‘as a platform to spur its economic growth.’
Neighbouring India is the 2026 BRICS chair and will host annual BRICS summit in late summer. It is possible Sri Lanka could be invited to become a partner nation.
Indian oil refiners are discussing with their government and with Russia the possibility of increasing imports of Russian oil due to potential shortages created by the problems in Iran. Russian supplies are not affected by difficulties in the Strait of Hormuz.
The situation in Iran is creating serious security and supply chain problems in Central Asia and the Caspian Sea regions. We examine the wider geopolitical and energy issues that stretch far beyond Iran. However, architecture is in place to push back against US pressures – we examine the potential collaborations between Russia and China as well as their regional allies.
As readers will be well aware from reports elsewhere, the United States, in conjunction with Israel, has attacked Iran. We will make some initial observations, but generally speaking will not be focusing on this conflict (as is also the case with Ukraine) for the following reasons: We can however make some initial observations as regards […]
The Indian shipping regulator has extended the accreditation of four Russian companies providing Protection and Indemnity (P&I) insurance for vessels calling at the country’s ports for one month, according to the Indian Directorate General of Shipping. Russian insurers Soglasie, Yugoria, Sberbank Insurance, and ASTK Insurance have all had their insurance licenses extended to 20 March […]
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Russia’s exports of molasses rose 2.2 fold in 2025, to reach nearly US$58 million in value. In physical terms, shipments increased 28% to 555,000 tonnes, the Agroexport federal center has said. Molasses are derived from sugar beet and are used as a sweetener in numerous consumable products from beer to sauces and baking. The main […]
The Russian Ambassador to India, Denis Alipov, has said that over 70,000 Indian workers are now employed in Russia, with more expected to pursue professional opportunities in the country. Alipov stated that “As mutual interest from the business community grows and the agreements reached are implemented, this figure will increase. Looking deeper, this process will […]
Supplies of Russian chemical industry products to India increased 66.2% in 2025, the Russian Industry and Trade Ministry has stated, adding that “the basis of Russian exports in this quantity is mineral fertilizers—they account for 90% of supplies.” Rubber products and organic chemical products, plastic products, and inorganic chemical products are also in demand.” The […]
Russia is activating the launch of the Chennai–Vladivostok maritime corridor, which links the southeastern coast of India with the Russian Far East and gives importers and exporters a shorter logistics trajectory. The route can reduce delivery times to 24 days from 40+ on longer routes. For exporters, these provide a reduction in warehouse and financial […]
India’s state-backed Hindustan Aeronautics Limited (HAL) has entered into a joint venture with Russia’s PJSC United Aircraft Corporation (UAC) to manufacture Sukhoi SJ-100 superjets. The SJ-100 is a twin-engine, narrow-body Russian regional passenger aircraft already in commercial service, with more than 200 units operating across 16 airlines worldwide. Under the arrangement, HAL will have the […]
Russian aviation giant United Aircraft Corporation (UAC) has signed a deal to supply six Ilyushin Il-114-300 aircraft to India’s Flamingo Aerospace during the Wings India 2026 International Aviation Exhibition at the southern Indian city of Hyderabad on Wednesday (January 28). UAC stated that “The cooperation program is aimed at meeting India’s growing regional aviation needs. […]
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