India News & Analysis

India

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.

Featured September 8, 2024

Russia-India Joint Venture Wins US$6.5 Billion Contract To Build Electric Trains

Kinet Railway Solutions, a company formed by Transmashholding, Russia’s largest locomotive and rail equipment manufacturer, and the Indian government-owned Rail Vikas Nigam Limited (RVNL), have announced that they have won a US$6.5 billion Indian government contract to manufacture 120 electric trains for Indian Railways at Kinet’s production facility in Latur, Maharashtra. The company won the […]

Read full article →
Featured September 8, 2024

Russia’s Alfa Bank To Open A Representative Office In India

Alfa Bank is to open an office in India, the Russian lender’s deputy CEO, Pavel Vysotsky as said. “We see that it is necessary to open a large network of Russian banks and representative offices in India and expand the existing presence there. Alfa Bank is no exception in this regard, and we have such […]

Read full article →
Abrau Tonic
August 27, 2024

Russian Wine Maker Abrau-Durso To Produce Tonic Beverages In India

Abrau-Durso, Russia’s leading producer of sparkling wines, has begun producing sparkling beverages in India. Boris Titov, Abrau-Durso’s principal owner has said the initial trial batch will total 10,000 bottles. Unlike the companies usual, champagne style products, the new India production will be a low alcohol sparkling beverage aimed at the youth market and available in […]

Read more →
August 26, 2024

Moscow Hosting BRICS International Municipal Forum   

Moscow is hosting the BRICS International Municipal Forum (IMBRICS) from August 27/28, an event that is bringing together city mayors and related municipal officials from 126 countries, 89 Russian regions and 500 cities to discuss and share information on municipal and urban planning. The Government of Moscow is acting as the General Partner of the IMBRICS […]

Read more →
August 25, 2024

Russian Beer, Wine Consumption Up, Vodka, Tobacco Down 

Russian consumer habits are changing, of note to the friendly countries that Russia continues to trade with. In terms of the adult consumer sector, beer accounted just over 50% of Russia’s total alcohol sales since the start of 2024. Beer is now the most popular alcoholic beverage among Russians, accounting for 51% of total alcohol […]

Read more →

Stay Ahead of Global Developments

Subscribe to receive exclusive insights and analysis on India.

August 3, 2024

India To Build Special Port To Handle Russia / INSTC Goods

The Indian government has approved a proposal for building a large deep water port on its western coast to connect it with major global trade networks and handle trade with Russia, New Delhi has announced. The port, to be built at Vadhavan in the Maharashtra state, would aid trade flow through the International North-South Transportation […]

Read more →
July 29, 2024

Russia-India Eastern Maritime Corridor To Be Enhanced

India’s Prime Minister Narendra Modi has stated that New Delhi and Moscow are working on expanding the capabilities of the 10,300-kilometre Chennai-Vladivostok Maritime Corridor connecting Russia’s Far East and Southeastern India. Referring to the concept as a meeting of the ‘Ganges & Volga’, Modi reiterated that the corridor is expected to reduce the time required […]

Read more →
July 17, 2024

Indian Exporters Want Greater Market Access in Russia

The Indian government is in discussions with Russia on easing non-tariff trade barriers, with the goal of boosting its exports to the country, Indian Commerce Secretary Sunil Barthwal has stated. The move comes after Russia-India trade has boomed in favour of Russian exports, but left Moscow with an over-abundance of Rupees in its capital account. […]

Read more →