Russia Eyes Indian Workforce, New Trade Plan And Tariff Cuts In Major Economic Push

The India-Russia Business Forum witnesses key discussions as Sergey Krasilnikov, Vice President of the Russian Union of Industrialists and Entrepreneurs (RSPP), highlights a massive opportunity for the Indian workforce. Speaking to Business Today, Krasilnikov reveals that "Russia needs about five million workers from abroad" and confirms a "direct instruction from our government to buy Indian goods" to address the trade imbalance. Manish Kumar of Saltex Group announces a concrete step, stating that "from 15th of December, we are starting... the program of technical education for the welders" to train Indian labour for Russian needs. The interview also covers the ongoing Free Trade Agreement negotiations, logistics connectivity between Chennai and Vladivostok, and the goal to boost bilateral trade to $100 billion by 2030.