Engineering Exports to Russia Soar 140%

Amidst the global economic landscape, lets see the substantial growth observed in engineering exports to Russia. According to the report, the surge has been a staggering 140%, propelling the total exports to an impressive 1 billion. This remarkable achievement reflects the resilience and competitiveness of the engineering sector, even in the face of challenging economic conditions. The noteworthy rise in exports can be attributed to various factors, including the strategic collaborations between Indian and Russian businesses, favourable trade policies, and the growing demand for quality engineering products in the Russian market. This surge signifies the strengthening economic ties between the two nations, opening new avenues for businesses and fostering mutually beneficial partnerships.