Setting an ambitious, accelerated horizon for economic cooperation, Prime Minister Narendra Modi on Thursday said India and Russia are poised to surpass the $100-billion bilateral trade target well before 2030, driven by deepening trust, structural reforms and expanding opportunities across defence, space, tech and new-age sectors.

Speaking at the India-Russia Business Forum in Delhi, PM Modi said the pace of economic transformation in India over the past 11 years has been “unprecedented”, backed by the principle of “reform, perform and transform.” With sweeping changes in taxation, compliance norms and private-sector participation, he said India is moving “rapidly and confidently” toward becoming the world’s third-largest economy. Advertisement

'$100 billion sooner than 2030'

Modi sa

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