Russia and India Target $100 Billion Trade, New Shipping Corridors

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Russia and India Target $100 Billion Trade, New Shipping Corridors
India and Russia are expanding trade and transport links with major new projects. Their goal is to reach $100 billion in annual trade by 2030. This would be a 40% increase from current levels. A key project is the Vladivostok-Chennai maritime corridor. This shipping route connects a major Russian port to India's southeast coast. It is designed to make trade faster and more efficient. Both countries' maritime plans are now closely aligned. They are focusing on port development and improving logistics. This partnership aims to create new, reliable trade routes. The push comes as both nations work to strengthen economic ties. The increased trade target signals a deep commitment to long-term cooperation.