OREANDA-NEWS Russia increased exports to India in September after three months of decline, according to RIA Novosti calculations according to the Indian Ministry of Trade and Industry.

So, during the first month of autumn, Russian companies increased supplies by a third — to $ 4.9 billion against 3.6 billion in August.

India, on the contrary, reduced sales of goods to Russia by a quarter, to 364.2 million dollars from a record level of 505.4 million in August.

As a result, the trade turnover between the two countries increased by 28% and amounted to 5.2 billion dollars by the end of September.

In January —September, trade increased by 4.7% and reached 52.1 billion dollars, of which 48.3 billion accounted for Russian exports, and 3.8 billion for Indian exports.

Russian President Vladimir Putin and Indian Prime Minister Narendra Modi set a goal at a meeting in Moscow in June to achieve a mutual trade volume of $100 billion by 2030.

According to Russian statistics, bilateral trade increased by more than 60% in 2023 and amounted to a record 56.8 billion dollars. The Indian Statistical Service gives even higher figures — $65 billion.