India's growing proximity to Russia has not fully extended to investment flow and other economic parameters outside of trade.
Prime Minister Narendra Modi's visit to the country, earlier this week, included announcements of an annual trade target of $100 billion by 2030, a plan to eliminate trade barriers and restoring balance in bilateral trade. Other economic parameters have seen less traction amid sanctions following the Ukraine war.
On the investment front, foreign direct investment (FDI) inflows and overseas direct investments (ODI) from and to Russia were just $5 million in the financial year 2023-24 (FY24).
この記事は Business Standard の July 13, 2024 版に掲載されています。
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この記事は Business Standard の July 13, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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