Russia becomes India's third-largest coal supplier in July, shows data

India's imports from Russia have jumped nearly five times to over $15 billion ever since Russia invaded Ukraine

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Reuters
Russia became India's third-largest coal supplier in July, with imports rising by over a fifth compared with June to a record 2.06 million tonnes, data from Indian consultancy Coal­mint showed. Russia has historically been the sixth-largest supplier of coal to India, behind Indonesia, South Africa, Australia, and the United States, with Mozambique and Colo­mbia alternatingly featuring in the top five. 

India expects its central bank's recent approval to allow payments for commodities in the Indian rupee to provide a major fillip to bilateral trade with Russia. 

India's imports from Russia have jumped nearly five times to over $15 billion ever since Russia

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First Published: Aug 05 2022 | 1:07 AM IST

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