Rosneft, a Russian oil producer, recently invested $20 billion in India, strengthening energy ties between the two nations. Putin expressed readiness to establish manufacturing in India, highlighting its profitability. India has significantly increased Russian oil imports since the Ukraine war, making Russia its top supplier. Bilateral trade nearly doubled in 2023, with both countries aiming for $100 billion by 2030.
Russia's Rosneft invested $20 bn in India, govt quotes Putin as saying
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