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Russia’s non-resource non-energy exports to India to grow to $8 bln by 2030

According to Russian First Deputy Prime Minister Denis Manturov, in 2023, industrial exports to India amounted to $3.2 bln

MUMBAI, November 11. /TASS/. Russia plans to boost the volume of non-resource non-energy exports to India to $8 bln by 2030, Russian First Deputy Prime Minister Denis Manturov told reporters.

"We plan to increase Russia’s non-resource non-energy exports to India. In 2023, industrial exports amounted to $3.2 bln, while we plan to ensure growth to $8 bln by 2030," he said.

Currently exporters may deliver cargoes to India via several routes, including the sea transport corridor from the Northwestern Federal District’s ports in the Baltic Sea, the North-South transport corridor and the Northern Sea Route, Manturov said. The latter route could ensure up to 5 mln tons of cargo turnover between Russia and India by 2030, he noted.

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