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.
Russia’s Pivot To Asia has published a new “2025 Guide to SAARC & BIMSTC” which details Russia’s trade, investment and geopolitical developments with both these South Asian trade blocs. SAARC includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. SAARC comprises 3% of the world’s land area, 21% of the world’s population and […]
More than half of the countries across the world have declared a boycott of the US dollar, an analysis conducted by Russia’s Sputnik media has showed. In 2024, 14 more nations embarked on de-dollarisation, according to Sputnik’s analysis. 46 countries have switched to making transactions in national currencies, and 53 countries now openly oppose the […]
Brazil has just become the new Chair of the BRICS group, taking over from Russia. The 2025 BRICS summit can be expected to be held in Rio de Janeiro, where the G20 also met just a few months ago, ensuring Brazil retains a global focus of key economic participants. Many in Brazil already regard the […]
Food exports from Russia to India increased by over 100% during the first 11 months of 2024, according to from the Russian Agroexport federal agency. The top five agricultural products exported to India were sunflower oil, peas, soybean oil, dried chickpeas, and oats. The value was estimated at being worth over US$2.3 billion – more […]
By Kirill Babaev, Director of the Russian Institute of China and Contemporary Asia, of the Russian Academy of Science The past year has become very successful for the growing trend of a “Pivot to the East” in Russian foreign policy. It seems that Russia this year has finally fully realized that the Asian region can […]
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The Russian President, Vladimir Putin gave his annual public Q&A address on Thursday (December 19) with him fielding questions from across Russia, including the general public and journalists. In Part One we focussed on Q&A that were asked relating to the Russian economy, and the development and purpose of the BRICS. In Part Two, we […]
Russia’s state energy giant Rosneft has agreed to supply up to 500,000 barrels a day of various crude oil grades, under a ten year contract, to Indian private refiner Reliance. Worth roughly US$13 billion a year at current prices, the energy deal is the biggest-ever between Moscow and New Delhi. Under the decade -long agreement, […]
The geophysical division of TNG-Group, part of the Tatarstan-based oilfield services holding Tagras Holdings, plans to resume operations in India, the company has said following discussions with Oil India, the country’s largest oil producer. TNG-Group and Oil India previously collaborated on the processing and interpretation of seismic data. The geophysical division of Tagras has also […]
Russian e-commerce giant Ozon is looking at recruiting thousands of skilled workers from India, according to reports from Russian media. The move highlights Russia’s increasing focus on sourcing labour resources from friendly nations as it grapples with a shortage of workers. Ozon’s legal entity, Internet Solutions LLC, is actively working with Indian recruitment agencies to […]
The Russian-Chinese Legal Congress is taking place on December 4th, and amongst other matters, will discuss the issue of resolving maritime disputes between BRICS countries. Anastasia Simonova, of Verba Legal, has stated that “Cooperation between Russia, China and India in the field of maritime transportation, international transit of goods, in relation to the Northern Sea […]
The Indian Defence Minister, Rajnath Singh, is to visit Russia’s Kaliningrad shipyard next month where the Indian Navy Stealth Frigate, INS Tushil is currently being built. The three-day visit will start on December 8, and will include talks with Russian Defence Minister, Andrey Belousov in Moscow. Singh will then travel to the Yantar shipyard located […]
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