TOP-4 facts about the advantages of starting a business in Russia
Russia–India trade turnover exceeds $70 billion
What this means: the existing trade flow shows stable needs and demand — there is a place to supply goods or services, and there is a place to export.
The goal is $100 billion by 2030
In January–September 2024, the trade turnover between the two countries amounted to $46.5 billion, and the Russian side aims to increase this figure to $100 billion by 2030.
Trade growth almost doubled in a year
In 2023, the trade turnover between Russia and India amounted to $57 billion, and in the first 4 months of 2024, an increase of 23% was recorded compared to the same period of the previous year.
What it means: the trend is clearly positive, the market is active, growing faster than it might seem.
The number of foreign companies is growing
As of the end of 2023 / beginning of 2024, 24,100 foreign organizations were registered in Russia; by November of the same year, their number had grown to about 25,600.
What this means: despite the sanctions and international instability, foreign businesses are not leaving, but on the contrary, they continue to enter the Russian market, which indicates trust and existing opportunities.
We will help you to find your way in Russia. Russia welcomes your expertise, your innovations, your products. Here you will find a market ready to grow with you, partners who value trust, and opportunities that can take your business to a new level.
Russia and India — stronger together in BRICS.
Now is the time to explore new opportunities and turn them into success with Crystal Bridge