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Sectors picked for higher exports to Russia
Financial Express Pune
|December 04, 2025
Agri, pharma & engg are natural fit for expansion, say officials
AS THE TOP leaderships of India and Russia engage for a more balanced trade, the government has identified engineering goods, pharma, chemicals and agri products as sectors to lead the charge.
"The complementarity between India's global export strengths and Russia's demand profile offers significant headroom and these sectors are natural fits for expansion," officials said.
Of the total trade of $68.7 billion, India's exports are just $4.8 billion and imports are $63.8 billion, leading to a trade deficit of $59 billion. Of the total imports from Russia, $56.8 billion is just oil products. India accounts for just 2.3% of Russia's imports.
This story is from the December 04, 2025 edition of Financial Express Pune.
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