India-Russia Eye $50 Billion Investment Target By 2030
India and Russia have set a target to scale mutual investments to US$50 billion, around ₹4.41 lakh crore, by 2030, giving a fresh push to long-term economic cooperation between the two countries.
The target was discussed during the India-Russia Joint Working Group on Priority Investment Projects held in Moscow. The meeting was co-chaired by India’s Department for Promotion of Industry and Internal Trade and Russia’s Ministry of Economic Development.
The discussions focused on expanding investment partnerships in key sectors such as advanced manufacturing, critical minerals, green hydrogen, energy storage, metallurgy, mining, and emerging technologies. Both sides also agreed to encourage stronger private sector participation and support joint investment projects that can create long-term industrial value.
Focus On Manufacturing And Critical Minerals
The investment roadmap comes at a time when India and Russia are looking to diversify their economic relationship beyond traditional areas such as defence and energy. Critical minerals, mining, fertilisers, and green technology are expected to become important areas of cooperation as both countries seek stronger and more resilient supply chains.
India also highlighted its investment-friendly reforms, skilled workforce, and growing manufacturing base as major strengths for attracting Russian businesses. The move is expected to open new opportunities for companies from both countries in technology-driven and resource-linked sectors.
Russia-India Investment Forum Adds Momentum
Representatives from industry bodies such as the Confederation of Indian Industry and the Federation of Indian Chambers of Commerce and Industry also participated in the Russia-India Investment Forum in Moscow.
The forum discussed ways to improve bilateral investment flows, strengthen industrial collaboration, and support sustainable economic growth. The “Making in Russia for India” model was also highlighted as a possible framework for deeper cooperation in fertilisers, mining and critical minerals.
Strategic Economic Ties To Get Stronger
The proposed US$50 billion investment target is expected to strengthen India-Russia economic ties and create new opportunities for joint ventures, technology collaboration, and industrial partnerships.
With both countries also working toward a larger bilateral trade goal by 2030, the latest investment push signals a broader effort to make the India-Russia partnership more diversified, business-focused, and future-ready.
