India-Russia Eye $100B Trade, Bolster Energy & Strategic Cooperation

• India and Russia aim for $100 billion bilateral trade by 2030, adopting "Programme 2030" to deepen economic cooperation.
• The nations will focus on increasing India's exports in pharmaceuticals, automobiles, and agriculture to address the trade deficit.
• Energy cooperation is a key pillar, covering oil, gas, petrochemicals, and long-term fertilizer supply to India.
• Civil nuclear ties strengthen with commitment to Kudankulam NPP and India's plan for a second Russian-designed nuclear plant site.
• Connectivity via INSTC, Chennai–Vladivostok, and Northern Sea Route will be enhanced, with India showing interest in Arctic cooperation.

Why It Matters: India-Russia talks aim to significantly boost India's economy and energy security.