What happened in this Geopolitics story?

India and Russia have directed their governments to expand bilateral cooperation, targeting a trade volume of USD 100 billion and two-way investment of USD 50 billion by 2030.

What is a key fact in this story? (1)

**Prime Minister Narendra Modi and President Vladimir Putin** directed their ministries to broaden bilateral cooperation following talks on the sidelines of the BRICS summit in New Delhi.

What is a key fact in this story? (2)

**India and Russia** are working to increase their bilateral trade to USD 100 billion by 2030, alongside a target for USD 50 billion in two-way investment.

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Modi, Putin push India-Russia trade towards USD 100 billion by 2030 — SkimNews

By India Today World · Summarized & edited by Kapil Samant · 2026-10-24

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Prime Minister Narendra Modi and President Vladimir Putin directed their ministries to broaden bilateral cooperation following talks on the sidelines of the BRICS summit in New Delhi.
India and Russia are working to increase their bilateral trade to USD 100 billion by 2030, alongside a target for USD 50 billion in two-way investment.
India aims to supply Russia with skilled workers, with Indians already accounting for 25-30% of Russia's quota for foreign labor.
Indian Ambassador Vinay Kumar proposed that Russia establish or collaborate with educational institutions in India to train workers for Russian industries.

Why it matters: The ambitious trade target and focus on skilled labor exports directly bolster Russia's sanctioned economy with a crucial partner, while India secures discounted energy and a new market for its workforce. This deepens a strategic partnership that persists despite Western pressure on both nations.