India-Russia trade hits USD 66bn in 2024; target of USD 100bn by 2030 on track: Russian envoy

Russia and India achieved record-breaking bilateral trade of USD 66 billion in 2024. This represents a fivefold surge in five years. The countries aim for USD 100 billion in trade by 2030. Collaboration is expanding in sectors like railways, IT, and pharmaceuticals. Indian businesses have new opportunities in Russia. A proposed trade desk in Kolkata will further boost trade relations.