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.
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 […]
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 […]
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 […]
India and Russia are exploring the idea of a benchmark Ruble-Rupee exchange rate to start direct trade using the two currencies, according to Indian media. Top regulators and bankers from both nations are seeking to overcome dollar trade barriers created by Western sanctions against Moscow, and to facilitate more Russian purchases of Indian goods. India […]
India’s Nuclear Power Corporation of India Limited (NPCIL), is considering forming a joint venture with Rosatom for manufacturing nuclear fuel in the country to boost its nuclear capability. Russia is already helping build the Kudankulam Nuclear Power Plant (NPP) in southern India, set to be the largest atomic power plant in the country. That NPP […]
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Several Western airlines are pulling out of routes servicing China as sanctions have forced Western carriers to incur greater operational costs by avoiding Russian airspace. British Airways, Virgin Atlantic and Quantas are just three who are giving up what were lucrative direct flights to Beijing and Shanghai. Other, BRICS and BRICS related airlines are now […]
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 […]
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 […]
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. […]
Russia has redefined its Asia strategy. Here’s how it will work The most misguided way to develop Russian policy in Asia would be to focus it on interaction with regional institutions and platforms, ‘fraternal graveyards’ where individual expression is lost in the need for everyone to find a common denominator. This is all the more […]
Discussions concerning the development of a new, potential BRICS currency have been on-going for some time, yet have intensified in recent months due to several Heads of States meetings taking place that have actively discussed and committed research into the issue. A trend is emerging in the modern geopolitical landscape: large international associations such as […]
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