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India and Russia set target of 100 billion dollars in bilateral trade by 2030

India's ambassador to Russia, Vinay Kumar, announced in Moscow that both nations are working to increase their bilateral trade to 100 billion US dollars by 2030. The target, set by Prime Minister Narendra Modi and Russian President Vladimir Putin, involves expanding trade in existing sectors and identifying new areas for cooperation. Energy remains a central component of the strategic partnership between the two countries, with ongoing collaboration on projects such as the Kudankulam Nuclear Power Plant.

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a man with a beard and a blue shirt
File photo: Aminul hossin / Unsplash License, via Unsplash

What Happened

India's ambassador to Russia, Vinay Kumar, stated in Moscow that India and Russia have established a goal to reach 100 billion US dollars in bilateral trade by 2030. This initiative follows directives set by Prime Minister Narendra Modi and Russian President Vladimir Putin to strengthen economic ties between the two nations.

To achieve this objective, officials are focusing on increasing trade volumes in current sectors while exploring new areas of cooperation. Energy continues to be a primary pillar of the strategic partnership, highlighted by the involvement of the Russian state nuclear corporation Rosatom in the construction of the third and fourth units of the Kudankulam Nuclear Power Plant.

Key Facts

  1. India and Russia aim to reach 100 billion US dollars in bilateral trade by 2030.
  2. The trade target was established by Prime Minister Narendra Modi and President Vladimir Putin.
  3. Vinay Kumar is the current Indian ambassador to Russia.
  4. Energy is identified as a key sector in the India-Russia strategic partnership.
  5. Rosatom is involved in the construction of units at the Kudankulam Nuclear Power Plant.

The Timeline2

Every article on this story, in the order it was filed. We do not rank the outlets.

  1. 6 Aug

    1. Thdaily-thanthi
      2030-ம் ஆண்டுக்குள் ரூ.95,079 கோடி வர்த்தகம் மேற்கொள்ள இலக்கு நிர்ணயம்: ரஷியாவுக்கான இந்திய தூதர்
    2. PVPrajavani
      2030ರ ವೇಳೆಗೆ ಭಾರತ-ರಷ್ಯಾ ನಡುವೆ 100 ಬಿಲಿಯನ್ ಡಾಲರ್ ವ್ಯಾಪಾರ ಗುರಿ: ರಾಯಭಾರಿ

Where This Is Being Covered2 languages

Languages

Newsrooms carrying this story, by publication language.

  • Tamilதமிழ்1 outlet
  • Kannadaಕನ್ನಡ1 outlet

Regional reach

States where a local newsroom is carrying this. National mastheads and wire agencies circulate everywhere and are counted separately, not drawn on the map.

Jammu & Kashmir: No local newsroomLadakh: No local newsroomPunjab: No local newsroomChandigarh: No local newsroomHimachal Pradesh: No local newsroomUttarakhand: No local newsroomHaryana: No local newsroomDelhi NCR: No local newsroomUttar Pradesh: No local newsroomRajasthan: No local newsroomGujarat: No local newsroomDadra & Nagar Haveli and Daman & Diu: No local newsroomMaharashtra: No local newsroomGoa: No local newsroomMadhya Pradesh: No local newsroomChhattisgarh: No local newsroomBihar: No local newsroomJharkhand: No local newsroomWest Bengal: No local newsroomOdisha: No local newsroomSikkim: No local newsroomArunachal Pradesh: No local newsroomAssam: No local newsroomNagaland: No local newsroomMeghalaya: No local newsroomManipur: No local newsroomTripura: No local newsroomMizoram: No local newsroomTelangana: No local newsroomKarnataka: PrajavaniAndhra Pradesh: No local newsroomKerala: No local newsroomTamil Nadu: Daily ThanthiPuducherry: Daily ThanthiLakshadweep: No local newsroomAndaman & Nicobar: No local newsroom
  • No local newsroom
  • 1 outlet
  • 2 or more

3 states with local coverage. Concentrated in the South.

About This Analysis

One summary, built from every source. No single newsroom's voice.

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