US$ 1,259mn
FDI inflow into India from April 2000 to March 2021

US$ 8.14bn

is bilateral trade value in 2020-21

Overseas Indians live in Russia


largest economy in the world, with a GDP of US$ 1.64 trillion


India-Russia military technical cooperation extends to joint research and production of advanced defence technologies

Business and Trade

India and Russia have set a target to increase bilateral trade from $8.2 billion in 2018-19 to $30 billion by 2025, through new technological and investment partnership, especially in advanced high-tech areas


Russian companies are keen to export & import medicines, hospital equipment etc

Agriculture & Trading

Most sought after products are green tea & coffee, raw cashews and cashew nuts, Indian spices, rice etc


Indian companies can secure strategic partnership with software companies in the Russian Federation


Companies can consider long-term contracts, joint ventures and acquisitions of energy assets in both countries


Russia is the 43rd most competitive nation in the world out of 140 countries ranked in the Global Competitiveness Report 2018 published by the World Economic Forum

India's Exports and Imports to Russia

Russian Investment Agency


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Bolshaya Yakimanka, 1, Moscow, 119180

Indo Russian Chamber of Commerce & Industries


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Russian Cultural Centre, 74,Kasturi Ranga Road, Alwarpet, Chennai-600 018

Invest in Russia


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Botanicheskiy per., 5 Moscow 129090 Russia

The Department of Science and Technology, Ministry of Science and Technology, Government of India (GOI)


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New Mehrauli Road,, New Delhi-110 016.

The Indian Council of Agricultural Research (ICAR), Ministry of Agriculture, GOI


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Krishi Bhavan, Dr. Rajendra Prasad Road, New Delhi-110001.

Embassy of India, Moscow, Russia


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Commercial Representative


Shri Binay Srikanta Pradhan
Deputy Chief of Mission

Commercial Representative


Mrs. Vrindaba Gohil
First Secretary [Trade/ (Eco & Com)]

Commercial Representative

+7-965-277-3433; +495-783-7535(Extn.285)

Dr. Aseem Vohra
Second Secretary (Eco & Com)

Commercial Representative

+7-903-595-9132;+495-783-7535(Extn. 298)

Ms. Veena Tirkey
Second Secretary (Trade/ Eco&Com

Commercial Representative

+7-903-595-8807; +495-783-7535(Extn. 292)

Mr. George Thomas
Second Secretary(Eco & Com)

Commercial Representative

+7-967-030-1282; +495-783-7535(Extn. 287)

Ms. Annu Gera
PA to First Secretary (E&C)

Commercial Representative

+7-968-611-8668; +495-783-7535(Extn.272)

Mr. Rohan Mehta
Asst. Attache (E&C)

Commercial Representative

+7-423-241-3920; 241-3933; +91-97-1816-9008

Shubham Kumar
Consul General

Commercial Representative

+7-423-241-3920; 241-3933; +91-88-0060-5366

Ajay Kumar Thakur
Vice Consul


Agricultural exports

    Apple juice (excl. of 2009.71), unfermented & not cont. added spirit, wheth … (200979)
    Orange juice, not frozen (excl. of 2009.19), unfermented & not cont. added … (200919)

    Beer made from malt (220300)
    Fermented beverages (e.g., cider, perry, mead), n.e.s.; mixts. of fermented … (220600)
    Mineral waters (nat./art.) & aerated waters, not cont. added sugar/oth. swe … (220110)
    Non-alcoholic beverages other than waters of 2202.10 (not incl. fruit/veg. … (220290)
    Sparkling wine of fresh grapes (220410)
    Spirits obt. by distilling grape wine/grape marc (220820)
    Vodka (220860)
    Waters, incl. min. waters & aerated waters, cont. added sugar/oth. sweeteni … (220210)
    Whiskies (220830)
    Wine other than sparkling wine of fresh grapes, incl. fortified; grape must with fermentation prevented/arrested by the addition of alcohol, in containters of >10 l (220429)
    Wine other than sparkling wine of fresh grapes, incl. fortified; grape must with fermentation prevented/arrested by the addition of alcohol, in containters of 2 l/less (220421)

    Carcasses/half-carcasses of bovine animals, fresh/chilled (020110)
    Cuts & edible offal of species Gallus domesticus, fresh/chilled (020713)
    Cuts & edible offal of species Gallus domesticus, frozen (020714)
    Edible offal of bovine animals (excl. tongues & livers), frozen (020629)
    Guts, bladders & stomachs of animals (other than fish), whole & pieces ther … (050400)
    Livers of bovine animals, frozen (020622)
    Meat of bovine animals, fresh/chilled (excl. of 0201.10), bone-in (020120)
    Meat of bovine animals, fresh/chilled, boneless (020130)
    Meat of bovine animals, frozen, boneless (020230)
    Meat of fowls of species Gallus domesticus, not cut in pieces, fresh/chille … (020711)
    Meat of swine (excl. carcasses/half-carcasses/hams/shoulders & cuts thereof ), froxen (020329)
    Sausages & sim. prods., of meat/meat offal/blood; food preps. based on thes … (160100)

    Bread, pastry, cakes, biscuits & oth. bakers’ wares n.e.s. in Ch.19, whethe … (190590)
    Sugar confectionery other than chewing gum (incl. white chocolate), not con … (170490)
    Sweet biscuits (190531)

    Maize (corn), seed (100510)
    Malt extract; oth. food preps. of flour/groats/meal/starch/malt extact [see … (190190)
    Semi-milled/wholly milled rice, whether or not polished/glazed (100630)

    Undenatured ethyl alcohol of an alcoholic strength by volume <80%vol; oth. ... (220890)

    Chocolate & oth. food preps. cont. cocoa (excl. of 1803.10-1806.10), in blo … (180620)
    Chocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)
    Chocolate & oth. food preps. cont. cocoa, in blocks/slabs/bars, weighing 2k … (180631)
    Chocolate & oth. food preps. cont. cocoa, in blocks/slabs/bars, weighing 2k … (180632)
    Cocoa beans, whole/broken, raw/roasted (180100)
    Cocoa butter, fat & oil (180400)
    Cocoa paste, not defatted (180310)
    Cocoa powder, not cont. added sugar/oth. sweetening matter (180500)

    Butter (040510)
    Buttermilk/curdled milk & cream/kephir & oth. fermented/acidified milk & cr … (040390)
    Cheese (excl. of 0406.10-0406.40) (040690)
    Fresh (unripened/uncured) cheese, incl. whey cheese, & curd (040610)
    Milk & cream, concentrated (excl. in powder), sweetened (040299)
    Milk & cream, not concentrated/sweetened, fat content by wt. >1% but not >6 … (040120)
    Milk and cream, nt concentrated nor contain added sugar/ other sweetening matter of a fat content, by weight, > 10% (040150)
    Milk in powder/granules/oth. solid form, fat content by wt. not >1.5% (040210)
    Milk in powder/granules/oth. solid form, unsweetened, fat content by wt. >1 … (040221)

    CARNATIONS (060312)
    ORCHIDS (060313)

    Food preps., n.e.s. (210690)

    ROSES (060311)

    Food preps., n.e.s. (210690)
    Preparations for infant use, put up for RS (190110)
    Preparations of fruit (excl. citrus fruit; excl. homogenized), obt. by cook … (200799)
    Sauces & preps. therefor, n.e.s.; mixed condiments & mixed seasonings, n.e. … (210390)
    Whey & modified whey, whether or not concentrated/sweetened (040410)

    Apples, fresh (080810)
    Carrots & turnips, fresh/chilled (070610)
    Cucumbers & gherkins, fresh/chilled (070700)
    Fresh fruit, n.e.s. (081090)
    Fruits of the genera Capsicum/Pimenta, fresh/chilled (070960)
    Garlic, fresh/chilled (070320)
    Grapefruit, fresh/dried (080540)
    Grapes, fresh (080610)
    Kiwifruit, fresh (081050)
    Lemons (Citrus limon/limonum) & limes (Citrus aurantifolia/latifolia), fres … (080550)
    Live plants, n.e.s., incl. their roots; mushroom spawn (060290)
    Mandarins, incl. tangerines & satsumas; clementines, wilkings & sim. citrus … (080520)
    Olives, presvd./presvd. othw. than by vinegar/acetic acid, not frozen, othe … (200570)
    Onions & shallots, fresh/chilled (070310)
    Oranges, fresh/dried (080510)
    Other – cherries: (080929)
    Peaches, incl. nectarines, fresh (080930)
    Pears- fresh (080830)
    PERSIMMONS- FRESH (081070)
    Pineapples, prepd./presvd., whether or not cont. added sugar/oth. sweetenin … (200820)
    Plums & sloes, fresh (080940)
    Potatoes other than seed potatoes, fresh/chilled (070190)
    Potatoes, prepd./presvd. othw. than by vinegar/acetic acid, frozen, other t … (200410)
    Sugar beet seed, of a kind used for sowing (120910)
    Tomatoes, fresh/chilled (070200)
    Tomatoes, prepd./presvd. othw. than by vinegar/acetic acid, other than whol … (200290)
    Vegetable seeds, of a kind used for sowing (120991)

    Crustaceans, frozen, shrimps and prawns, excluding cold water varieties, in shell or not, smoked, cooked or not before or during smoking in shell, cooked by steaming or by boiling in water (030617)
    Fish; fresh or chilled, Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho), excluding fillets, livers, roes, and other fish meat of heading 0304 (030214)
    Fish; frozen, Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho) excluding fillets, livers, roes, and other fish meat of heading 0304 (030313)
    Fish; frozen, mackerel (Scomber scombrus, Scomber australasicus, Scomber japonicus), excluding fillets, livers, roes, and other fish meat of heading 0304 (030354)
    Fish; frozen, n.e.c. in heading 0303, excluding fillets, livers, roes, and other fish meat of heading 0304 (030389)

    Ground-nut, not roasted or otherwise cooked, whether or not shelled or broken-in shelled whether or not broken (120242)
    Hazelnuts/filberts (Corylus spp.), shelled (080222)

    Other (060319)
Employment Opportunities

*Information subject to changes amid the global COVID-19 pandemic.

Russia offers lucrative job opportunities in sectors spanning hydrocarbons to IT and communications. The country has also come up as a leading destination for higher education. Given improving economics, a rising number of multinational corporations have launched operations in Russia, meanwhile local enterprises have seen steady liberalisation, offering new opportunities.

The Indian community in Russia is estimated at around 30,000. About 500 Indian businessmen reside in Russia out of which around 200 work in Moscow. It is estimated that about 300 registered Indian companies operate in Russia. Majority of Indian businessmen/companies in Russia are involved in trading. Some entities also represent Indian banks, pharmaceuticals, hydrocarbon and engineering companies. There are approximately 4,500 Indian students enrolled in medical and technical institutions in the Russian Federation.

More Info: The Ministry of Foreign Affairs of the Russian Federation Consular department Instructions on temporary labour activity for foreign nationals Russian Foreign Ministry reception office Russian Visa Indian Citizen Resources


Priority Sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Russia
  • Mineral fuels, mineral oils and products of their distillation
  • Bituminous substances
  • Natural or cultured pearls, precious or semiprecious stones, precious metals
  • Fertilizers
  • Nuclear reactors, boilers, machinery and mechanical appliances
  • Electrical machinery and equipment and parts
  • Sound recorders and reproducers, television image and sound recorders
India's top export to Russia
  • Pharmaceutical products
  • Nuclear reactors
  • Boilers, machinery and mechanical appliances
  • Organic chemicals
  • Coffee, tea, mate and spices
  • Vehicles other than railway or tramway rolling stock

Bilateral Investors

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