India-Russia Boost Trade, Hit Record $68.7B; Putin to Meet Modi

• India and Russia are actively working to strengthen bilateral trade and explore new cooperation areas, as discussed at the India-Russia Business Forum.
• Roscongress Foundation CEO Alexander Stuglev highlighted broad engagement in sectors like pharma, IT, energy, and agriculture, with potential for further growth.
• Bilateral trade between India and Russia reached a record $68.7 billion in FY 2024-25, a significant increase from pre-pandemic levels.
• PM Modi emphasized the enduring India-Russia friendship, calling it a "pole star" that has stood the test of time.
• Russian President Vladimir Putin arrived in Delhi for a two-day State visit, including the 23rd India-Russia Annual Summit with PM Modi.

Why It Matters: Stronger India-Russia trade impacts global economy and geopolitical dynamics.