EU sanctions on Russia: New opportunities for Indian businesses; bilateral trade up, says IBA

Oct 28, 2025 - 01:30
EU sanctions on Russia: New opportunities for Indian businesses; bilateral trade up, says IBA

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New EU sanctions on Russia are creating significant trade opportunities for Indian businesses, according to the Indian Business Alliance. As Western firms exited, India stepped in, boosting bilateral trade to a record $68.7 billion. Indian companies are now filling gaps in sectors like pharmaceuticals and consumer goods, benefiting both nations.

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