Union Minister of Commerce & Industry, Piyush Goyal, stated that Russia has always been “India’s Sukh Dukh Ka Saathi,” meaning a companion in both good and bad times, at the India-Russia Business Forum held on Thursday in New Delhi.

Deputy Chief of Staff of the Presidential Executive Office of the Russian Federation, Maxim Oreshkin, was the keynote speaker at the event.

“India-Russia trade has made remarkable strides, with volumes nearing USD 70 billion, yet immense potential remains untapped, as India’s share in Russia’s imports is still under 2 per cent, a figure that does not capture the true ambition of our partnership. Our shared focus is to foster more balanced and mutually rewarding trade, aiming to exceed USD 100 billion by 2030, driven by stronger Indian exports. We see particul

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