MOSCOW TIME: 27.05.2019 08:58:21

Export/Import

Exports of electric motors and generators to India have increased almost 3.5 times

Exports of electric motors and generators to India have increased almost 3.5 times

For our country, India is the most important trade partner and a priority region, which is the focus of the development of the Russian non-primary product exports, as TASS quotes the head of the Russian Export Centre, Andrey Slepnev. In his words, over the past three years, the positive dynamics of bilateral trade have been maintained.

At the end of last year, non-primary non-energy exports from Russia to India actively grew in different directions. Thus, the supply of thermal equipment increased by 6.1 percent to $330.5 million, electric motors and generators – almost 3.5 times, exceeding $84 million. Exports have also increased for other commodities, such as newsprint, mixed fertilisers, information media, and equipment for nuclear reactors.

Russian exporters show a growing interest in bringing their own competitive and high-tech solutions to the Indian market in such areas as IT, pharmaceuticals, biotechnology, the food industry and some others. The top 5 regions for non-primary non-energy exports to this South Asian country include Moscow ($1.15 billion), the Nizhny Novgorod region ($650 million), St. Petersburg (588.4), the Moscow region (476.3) and the Sverdlovsk region (292).

Currently, India ranks eighth among the partner countries of the Russian Federation for non-primary non-energy exports. We should remind you that, earlier, it was reported that the Ministry of industry and trade and the Russian Export Centre inaugurated the REC Bureau in Mumbai.

Sourcve:B2B-EXPORT BLOG

:

Exports motors generators Russia India

Share this:

Share this Share this Share this

NEWS


23.05.2019 Chicken from Russia comes to China

For the first time since the Soviet era, Russia is sending poultry to China.

23.05.2019 The Chinese liked the Russian cheese

The third largest food exhibition in the world Sial China 2019 has ended in Shanghai. It was attended by more than 4 thousand exhibitors, including the company "Molvest"...

22.05.2019 Russia again top market for Turkey's fresh fruit, vegetable exports

Turkey's fresh fruit and vegetable exports to 118 countries amounted to $622.5 million in the first four months of the year with Russia taking the lead among markets with $184...

EVENTS


01.10.2019 RUSSIAN ENERGY WEEK

October 1-5, 2019 Moscow (Russia)

08.07.2019 INNOPROM 2019

July 8-11, 2019 Ekaterinburg (Russia)

06.06.2019 St. Petersburg International Economic Forum 2019

June 6-8, 2019 St. Petersburg (Russia)

INTERVIEWS


18.04.2018 Pskov State University Increases Its International Student Body Thirty...

Higher education can be a profitable export business, provided the system is built correctly and qua...

FEA Education


03.05.2017 Anna Trubetskaya: "Business should be built on Russians"

About the models of business development in another country and professional secrets is told by a practicing expert on work in international markets Anna Trubetskaya

Our partners