Ahead of the SCO and BRICS summits, EAM Jaishankar meets Putin to deepen bilateral ties in energy, fertilisers, and high-tech. India-Russia set a $100 billion trade target by 2030, with trade reaching a record $68.7 billion in FY2024-25. This is critical for India's energy security, fertiliser imports, and strategic autonomy.
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- ›Bilateral Trade Target: $100 billion by 2030
- ›FY2024-25 Trade: $68.7 billion (record high)
- ›Target this Data: $100 billion bilateral trade target by 2030; $68.7 billion in FY2024-25; $59.863 billion in FY2025-26
- ›Target this Nodal Body: Ministry of External Affairs (India) and the IRIGC framework
- ›Target this Legal Point: Not applicable (but institutional mechanism: IRIGC-TEC)
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