The exports of Russian spirits to India have nearly quadrupled in the first 10 months of the year compared to the same period last year, making India an attractive emerging market for Russian exporters, according to a media report. Citing data from the Federal Centre for Agricultural Export Development of the Russian Ministry of Agriculture (Agroexport), leading financial and trade daily Vedomosti said India is emerging as an attractive market for Russian exporters of Vodka and other hard alcoholic beverages. In the first 10 months of 2025, Russian spirits producers shipped approximately 520 tonnes of spirits, including vodka, gin, whiskey, and liqueurs, worth USD 900,000 to India, this is three times higher in weight and four times higher in monetary terms than the same period last year, it said. Agroexport claims that vodka was the main driver of exports. In monetary terms, its shipments over the 10 months amounted to approximately USD 760,000. Although India ranked only 14th amo
At least five vessels carrying about 3.4 million barrels were idling in the Yellow Sea as of Wednesday, double the volume of last week and the highest level for the grade in that region
Ties between the two countries have remained strong despite pressure from Western sanctions after Russian President Vladimir Putin met with Prime Minister Narendra Modi
As many as 300 products, including that of engineering goods, pharma, agri, and chemicals, hold huge potential for Indian exporters to push their shipments to Russia as the two countries target USD 100 billion trade by 2030, an official said. At present, India's exports of these goods to Russia stood at USD 1.7 billion, as against Russia's USD 37.4 billion in imports. "This stark disparity demonstrates the substantial complementary export space India can target," the official said, adding increasing exports will also help India bridge its trade deficit with Russia, which stood at USD 59 billion. These high-potential products have been selected by the commerce ministry by analysing complementary basket of products -- mapping India's supply visa-a-vis Russia's demand across key sectors, the official added. The most promising areas mirror India's rising global strengths are engineering goods, pharmaceuticals, chemicals and agriculture, all of which correspond to substantial unmet dema
India's shipbuilding ambitions gain traction as Russia eyes joint polar-vessel production and HD Hyundai plans a Tamil Nadu shipyard, even as private yards outpace public ones
The meetings took place during the first visit of India's defence business leaders to Russia since Moscow's 2022 invasion of Ukraine
Emergence of new sellers reflects the importance of the $60 bn Indo-Russian trade to oil producers and refiners of both nations
During Putin's visit, both nations agreed to remove non-tariff barriers in pharma and agriculture to boost Indian exports and balance the trade deficit
Kremlin affirms India's freedom to choose energy suppliers after Putin visit; US and Ukraine negotiate potential peace deal that could lift oil sanctions
While bilateral targets are ambitious, exporters wary of payment, logistics risks; deeper ties with West still drive business pragmatism
It is also an open question whether any of India's immediate objectives were met, although there was an abundance of promise mostly built on Mr Modi's visit to Moscow last year
One of the primary objectives of the MoU is to expand Patanjali's wellness services in Russia
The India-Russia partnership has been among the "steadiest big relationships" in the last 70-80 years and President Vladimir Putin's visit to New Delhi was about "reimagining" the ties with a focus on economic engagement, External Affairs Minister S Jaishankar said on Saturday. In an interactive session, he also disagreed with views that Putin's visit could complicate India's negotiations with the US on a bilateral trade agreement. "No, I disagree with you. I think everybody knows that India has relations with all the major countries in the world," Jaishankar said at the Hindustan Times Leadership Summit. "I think for any country to expect to have a veto or a say in how we develop our relations with others is not a reasonable proposition." Jaishankar was asked if Putin's two-day visit to New Delhi that focused largely on significantly enhancing the economic dimension of India-Russia ties will have a bearing on the negotiations with the US for the proposed trade deal. "Because ...
Lower costs, better post-study options and easier entry to medical and engineering programmes may lead to a significant rise in Indian students choosing to study in Russia in the coming months
By contrast, oil cargoes arriving in India from Russia next month could fall as far as 600,000 barrels a day, the weakest level since early 2022
As per the Joint Statement issued after the 23rd India-Russia Annual Summit, the two Leaders welcomed the opening of two Consulates General of India in Yekaterinburg and Kazan
India and Russia signed key maritime and transport MoUs to strengthen the INSTC, Chennai-Vladivostok corridor and Northern Sea Route, including training for Indian polar seafarers
Russia's share in India's total fertiliser imports has grown from a mere 7.68 per cent in 2017-18 to almost 27 per cent in 2023-24, making it a significant player in India's fertiliser story
Both sides agreed to encourage joint manufacturing in India of spare parts, components, aggregates and other products for the maintenance of Russian-origin arms and equipment
In his address during the joint press statement after the Summit, Putin said the comprehensive roadmap provides clear guidelines