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Welcome To IANS Live - BUSINESS - Growing trade between Russia and India opens a new era for Silk Road

The Ministry of Industry and Trade of India reported that trade turnover between Russia and India exceeded $18.2 billion in the first five months of the fiscal year. The surge in trade between the two countries made Russia the country s seventh largest trade partner, rising from 25th place with a total trade turnover of $13.1 billion in 2021.Of t

Growing trade between Russia and India opens a new era for Silk Road

According to the Observatory of Economic Complexity, a global trade statistics platform, India increased monthly imports from Russia by 430 per cent compared to the five-year average.The Ministry of Industry and Trade of India reported that .

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