Russian market opens doors for Indian MSMEs: CEO Zavgorodniy
With Western firms exiting Russia, Indian MSMEs are seeing new opportunities across food, pharma, engineering, and textiles, said ITE Group CEO Dmitry Zavgorodniy. Bilateral trade hit $68.7 billion in FY25, with scope to touch $100 billion by 2030. While Russian exports dominate, demand for cost-effective Indian goods is rising, with up to 30,000 Indian firms expected to enter soon.