"I can confidently say that the business circles of Russia and India are looking in the same direction today. Despite the difficult external conditions, they demonstrate a firm attitude of pragmatism and willingness to cooperate. An objective indicator of this is the record volumes of trade that we reached last year. And there are all prerequisites to surpass this achievement this year," Manturov said at the Russian-Indian Business Forum.
Last year, Russia and India increased their bilateral trade by 1.8 times to a record $65 billion. Achieving $100 billion by 2030 is a "more than realistic" goal, Indian Foreign Minister Subrahmanyam Jaishankar believes.
"We also need to expedite negotiations on the bilateral investment treaty," Jaishankar said at the same forum.
The $100 billion by 2030 target was set by the leaders of Russia and India at a bilateral summit in Moscow this July.