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 Transport Ministers of the member countries of the Shanghai Cooperation Organisation (SCO) have signed an MoU concerning the development of road and roadside services along the ‘Silk Road’ – the vehicle and highway network between member countries. The Russian side was represented by Dmitry Zverev, the Deputy Minister of Transport. They discussed the joint […]
The share of friendly countries in Russia’s foreign trade has increased from 46% to 82% over the past three years, including more than 85% of export deliveries now going to these countries, Russian Deputy Prime Minister Alexander Novak has stated. He was speaking at a government strategic meeting, “Training personnel in foreign economic activity to […]
Russia’s Yantar Shipyard in Kaliningrad handed over the Tamal Frigate of Project 11356 to the Indian Navy. She is the fifth frigate build by the shipyard for India, according to the United Shipbuilding Corporation (USC), who own the facility, have stated. “The gala handover ceremony was held on July 1 in Kaliningrad. The frigate is […]
Sberbank Insurance has obtained accreditation in India, according to its CEO Mikhail Volkov. He said that “As a universal insurance company, Sberbank Insurance seeks business development opportunities wherever possible. There are needs that stakeholders expect us to fulfill, such as products required for international trade operations. This isn’t a quick process. It involves complex, specialized […]
India has purchased 80% of Russia’s seaborne Urals crude exports this year, with two private refineries increasingly buying more of this variety, according to data analytics provider Kpler. Indian conglomerates Reliance Industries and Nayara Energy have bought 45% of the Urals crude imported into the country, with India purchasing 231 million barrels of Urals crude this […]
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Russia’s PhosAgro boosted fertilizer exports 10% year-on-year to 4.3 million tonnes in January-May 2025, CEO Mikhail Rybnikov has said. He was speaking at the St. Petersburg International Economic Forum and stated, “After fully covering the needs of Russian farmers, we increased exports by approximately 10%, or 400,000 tonnes, to 4.3 million tonnes in the first five months of 2025. […]
Russia’s FESCO Transport Group intends to set up transport and logistics hubs in China and India, according to FESCO’s Vice President for Finance, Leonid Zvyagintsev. The hubs will be used to transport goods both within the Shanghai Cooperation Organization (SCO) countries and to Africa. Zvyagintsev said that FESCO has initiated the transition to digital veterinary […]
The Russian President is to hold meetings with the Iranian Foreign Minister, Abbas Araghchi in Moscow to discuss the latest developments as concerns the Israeli and American attacks on Iran’s nuclear facilities on Saturday (June 21). There have been disputed accounts over the actual damage caused, with US President Donald Trump declaring “a complete success” […]
Multiple Eurasian commodity and futures exchanges have signed a declaration on establishing the International Association of Commodity and Futures Exchanges. This new association is intended to become a platform for interaction among commodity and futures exchanges from EAEU+, SCO, and BRICS+ countries. This will enable coordinated policies for developing organized commodity markets. Participants include the […]
Foreign transport companies, including those from the CIS countries, are showing great interest in studying Russia’s approaches to building the country’s first high-speed railway (HSR), according to Russian Transport Minister Roman Starovoit. Russia is preparing to build an HSR between Moscow and St. Petersburg. Starovit said that “The subject of the high-speed railway is a […]
The German Economic Institute has reported that Russia’s exports have grown considerably compared to figures recorded prior to the Ukraine conflict and despite sweeping Western sanctions. In a report published on Friday (June 13), the institute stated that “despite all European efforts, Moscow is ‘skilfully exploiting the loopholes in the sanctions regime to expand its financial resources.’” […]
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