Union Minister of Commerce and Industry Shri Piyush Goyal Calls for Accelerating India-Russia Economic Partnership to Achieve $100 Billion Bilateral Trade by 2030

India, Sept. 10 -- The Government of India has issued a release:

Union Minister of Commerce and Industry Shri Piyush Goyal today called for an accelerated India-Russia economic and industrial partnership, urging businesses from both countries to work towards achieving the target of $100 billion in bilateral trade and $50 billion in two-way investment by 2030. Addressing the INNOPROM India 2026 Co-Chair Plenary Session with Russian Minister of Industry and Trade Mr. Anton Alikhanov in New Delhi, Shri Goyal said that the targets set by the two Heads of State would be a measure of the performance of both governments and businesses.

Shri Goyal said that increasing bilateral trade from the current base of around $60 billion to $100 billion wou...