Union Minister Piyush Goyal said that India-Russia trade should be more balanced. (Image: FICCI) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Commerce and Industry Minister Piyush Goyal on Thursday said there are huge opportunities to expand bilateral trade between India and Russia and work towards making it more balanced.

He said sectors that hold potential to boost exports from India to Russia include consumer goods, food products, automobiles, tractors, heavy commercial vehicles, electronics like smartphones, industrial components, and textiles.

Bilateral trade is reaching $70 billion "but we cannot rest, we need to grow, we need to balance that," Goyal said here India-Russia Business Forum meeting, organised by industry chamber FICCI.

India's exports to Russia s

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