Russia-India trade relations
Sberbank Strengthens Russia-India Economic Ties: Boosting Trade and Labor Migration Ahead of Putin's Visit
Dec 04, 2025 09:35 am CST
Russia's largest bank Sberbank is actively enhancing industrial imports and labor migration from India as President Putin prepares for his first visit to New Delhi in four years. The bank is facilitating national currency transactions between the two countries, helping over 6,000 Indian firms enter the Russian market, and addressing Russia's projected workforce shortage of 3 million by 2030 through skilled Indian labor recruitment.
Putin Seeks to Address Russia-India Trade Imbalance Ahead of December Visit
Oct 03, 2025 11:02 am CST
Russian President Vladimir Putin announced plans to address the trade imbalance with India caused by crude oil imports, highlighting the special strategic partnership between the nations. During the Valdai forum, Putin praised PM Modi's leadership and revealed intentions to increase Russian purchases of Indian agricultural products and pharmaceuticals, while welcoming cooperation on AI technology ahead of his December visit to India.