The world's embargo on russia as a result of the Russia-Ukraine conflict has created a fresh opportunity for indian exporters. Food, ceramics, and chemical exports to russia have surged. Later this month, the indian Exporters Group will move on. Since the United States, the United Kingdom, the european union, and other countries put sanctions on russia, russia has been supplying crude oil to india at reduced prices.
In this context, russia has expressed an interest in buying items from india, especially food. russia is the more likely candidate. indian companies are ready to take full advantage of it, according to vivek Agarwal, a member of the Food and Beverage Exports Commission. Officials from the Exporters' Association of india claimed they had received requests for food, tea, and coffee from Russian traders.
X5, Russia's largest food retailer, has placed orders with india for rice, laundry powder, tea, coffee, fruits, textiles, soda, and beer. In addition, there has been an increase in the demand for chemicals. The majority of these are exported from China. For indian exporters, there are some difficulties. It's all about shipping, insurance, and shipping to russia in particular right now.
In this context, russia has expressed an interest in buying items from india, especially food. russia is the more likely candidate. indian companies are ready to take full advantage of it, according to vivek Agarwal, a member of the Food and Beverage Exports Commission. Officials from the Exporters' Association of india claimed they had received requests for food, tea, and coffee from Russian traders.
X5, Russia's largest food retailer, has placed orders with india for rice, laundry powder, tea, coffee, fruits, textiles, soda, and beer. In addition, there has been an increase in the demand for chemicals. The majority of these are exported from China. For indian exporters, there are some difficulties. It's all about shipping, insurance, and shipping to russia in particular right now.
