India is preparing to dispatch a high-level trade delegation to Moscow to explore new market opportunities, as recently imposed U.S. tariffs begin to weigh on the country’s export performance. Officials say the visit aims to strengthen bilateral commercial ties, diversify export destinations, and mitigate the impact of shrinking access to the American market.
According to government sources, the delegation—comprising senior officials from the Ministry of Commerce and representatives from key export sectors—will engage with Russian authorities and business chambers to identify promising avenues in sectors such as pharmaceuticals, engineering goods, textiles, and agricultural products.
The latest tariff measures by the United States have disrupted India’s exporters, particularly in labour-intensive sectors. Industry groups have urged the government to expand outreach to alternative markets, with Russia emerging as a strategic partner amid shifting global trade dynamics.
The planned visit is expected to focus on reducing non-tariff barriers, promoting rupee-ruble payment mechanisms, and accelerating pending bilateral trade agreements. Officials say the move is part of a broader strategy to deepen engagement with Eurasian markets and foster resilient supply chains.
The delegation is expected to travel to Moscow later this month, with follow-up sectoral meetings scheduled in early December.