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Home > All news > Economy, Trade > India-Russia trade hits USD 66bn in 2024; target of USD 100bn by 2030 on track: Russian envoy

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

November 28, 2024
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India-Russia trade hits USD 66bn in 2024; target of USD 100bn by 2030 on track: Russian envoy

New Delhi - A senior Russian diplomat recently said bilateral trade between the two countries has reached a record USD 66 billion in 2024, marking a fivefold increase over the past five years, with a 9 per cent rise in the first eight months of this year. The envoy said Russia and India are on track to achieve the ambitious USD 100 billion trade target by 2030, bolstered by expanding collaborations and diversified trade opportunities."The recent dialogues between leaders of both countries on the possibilities of diversifying the trade basket and increasing the volume of investments . . .

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