India Imports from Russia hit a record $41.6 BN in FY23

In the fiscal year 2022-2023, India witnessed a remarkable surge in imports from Russia, reaching a record-breaking value of $41.6 billion. This significant increase underscores the deepening trade relations between the two nations.
.
The record import figure reflects the diverse range of goods and commodities sourced from Russia, further enhancing bilateral trade and economic cooperation. The milestone highlights the importance of the Russia-India trade partnership in driving economic growth and fostering mutually beneficial ties.