Russia targeting Indian cars & food products..!?

Sowmiya Sriram
Russia targeting indian cars & food products..!?

Russia is demanding that india supply some goods as the supply of goods in russia has decreased due to the war. So far no agreement has been reached in the talks between the two countries. Because of this, the war is seen as the worst refugee crisis in europe since World war II. Thousands of people have been killed in this war so far and more than 13 million have been displaced. However, the war was not over yet. Meanwhile, due to this war, the supply of goods in russia has decreased. In such a situation, russia demands that india supply certain goods. russia has demanded cars and other automobile products and agricultural products for food from India. At the same time, exporters have demanded to reduce costs by trading in indian currency.
The united states and european countries imposed various economic and financial sanctions on russia after its attack on Ukraine. Due to this, there is a huge shortage of goods. There has also been a shortage of auto parts, due to which many car companies are closing down their factories. So russia demands goods like cars and food from india, In this context, there is a demand for indian auto parts and car companies to enter Russia. At the same time, auto parts are expected to be exported from india as they are likely to be exported. It is also said that several companies in the indian automobile industry may agree to supply the vehicles. Even domestic companies such as Tata Motors and mahindra & mahindra can go international, including the marquee Jaguar and land rover brands.
A group of exporters in russia has discussed the supply of soy and other agricultural products. Because russia wants to increase supply. An exporter said supermarket shelves were emptying, but no deals had yet been made to replenish the goods. And exporters say that rupee-ruble trade will greatly help the trade between india and Russia. At present there is a loss of about 4 percent on each transaction. Exporters have suggested to the Commerce Department that rates may be announced by the RBI every 15 days. However, official announcements regarding this are expected to be released soon.
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