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.
With Russian President Vladimir Putin’s state visit to India now scheduled for December 4th and 5th, the prospect of Russia and India linking their national payment systems to bypass the SWIFT network will be high on the agenda, according to Deputy Foreign Minister Andrey Rudenko. The subject follows discussions already held on the matter between […]
The Central Bank of Russia is to open a representative office in India, the regulator’s press service has stated, saying “The Central Bank of Russia is looking into opening a representative office in Mumbai, India. This would contribute to solidifying interaction between the two countries’ regulators, as well as developing cooperation in the financial sector […]
Russia’s Kaluga Kristall Distillery is looking at exporting its products to the Indian consumer market and has said it has partnered with India’s M/S Blue Billion Group to study the Indian market’s potential for its products. The company stated, “The study aims to determine the optimal positioning of the distillery’s products in one of the […]
The leaders of the world’s major economies are gathering in South Africa for the G20 Summit between November 22–23, and they will find themselves at a crossroads confronting a global landscape more fractured, polarized, and competitive than at any time since the end of the Cold War. What was once conceived as a practical forum […]
Russia’s Delo Group is discussing the launch of a regular sea container line featuring calls between Novorossiysk Port and Mormugao Port, in Goa, India, according to Delo CEO Sergei Shishkarev. He was speaking on the sidelines of the Transport of Russia 2025 forum. Mormugao Port ceased container handling several years ago, but the equipment for […]
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Russia is processing approvals of nearly 25 Indian fishery companies, with Indian Commerce Minister Piyush Goyal saying the approval will enable them to begin exports to Russia. Moscow aims to address the growing trade imbalance with India during Russian President Vladimir Putin’s trip next month. India’s exports to Russia are worth US$5 billion, while imports […]
The Polish Foreign Minister Radoslaw Sikorski has announced the decision to close the last remaining Russian Consulate-General in Poland, located in Gdansk. That follows decisions made in October 2024 and May 2025, when Poland closed the Russian consulates in Poznan and Krakow. Polish trade with Russia has been growing. In 2021, bilateral trade had risen […]
Moscow has been hosting the Shanghai Cooperation Organisation (SCO) Heads of Government Summit, with the Russian President, Vladimir Putin, noting that Russia’s trade with SCO members has reached US$409 billion. He stated, “Russia’s trade turnover with SCO countries reached $409 billion in 2024 and continues to grow. Of course, the lion’s share of this is […]
The Russian and Myanmar Navies have completed their joint ‘Marumex’ 2025 military drills in the Andaman Sea, the Russian Defense Ministry has stated. The drills involved the Marshal Shaposhnikov frigate, a Gremyashchiy corvette, and the Boris Butoma tanker from Russia’s Pacific Fleet, as well as the Muttama landing helicopter dock, Kyansittha frigate, Tabinshwehti corvette, and […]
The Russian Foreign Minister, Sergey Lavrov, has met with Subrahmanyam Jaishankar, the Indian Foreign Minister, in Moscow. Jaishankar is in Russia to attend the Shanghai Cooperation Organisation meeting of Heads of Government. The two ministers discussed various aspects of Russia-India relations and issues on the global agenda, with special attention paid to practical steps towards […]
Russia’s Maritime Board Chairman, Nikolai Patrushev, has suggested that India consider establishing shipbuilding and ship repair clusters in Mumbai or Chennai involving Russia, stating that “it is advisable to consider creating shipbuilding and ship repair clusters with Russia’s participation in important economic areas such as Mumbai or Chennai.” He was speaking at the Russian-Indian interdepartmental […]
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