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 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 […]
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 […]
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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 […]
As the Shanghai Cooperation Organisation (SCO) convenes its Council of Heads of Government summit in Moscow on November 17–18, 2025, member states are poised to deliver strategic momentum on economic integration, especially in China–Russia trade and multilateral trade cooperation. Under Russia’s rotating presidency, this high-level gathering follows the landmark Tianjin Summit three months ago, and […]
The Nizhnekamsk district in the Russian Republic of Tatarstan is to develop and launch quay infrastructure of a new Kama River port next year, which will become part of a logistics complex linking to the INSTC corridor. This will open up the region to be part of the North-South Corridor and improve trade links with […]
Russia increased its exports of wheat gluten to India 9-fold year-on-year to over 1,500 tonnes in January-September 2025, while the value of the exports grew almost 7-fold to reach US$1.7 million, Russia’s Agroexport federal center reported. Russia started exporting this product to India in 2020. India was the fourth biggest importer of wheat gluten from […]
First, the good news: Russia doubled its diamond exports to India year on year in August, according to data from India’s Ministry of Commerce and Industry. They surged to a value of US$31.3 million in August 2025, more than double the US$13.4 million recorded in August 2024. Russia is the world’s largest producer of rough […]
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