New Delhi | December 5, 2025 | Sky Link Times
India and Russia’s long-standing strategic partnership is undergoing a major transformation as the relationship enters a new phase driven by technology, innovation, and advanced investments, experts said at the India-Russia Business Forum on Friday.
Gleb Borukhov, Managing Director of Realia Capital Group, said the nature of bilateral engagement is rapidly evolving from traditional commodity-based trade to a future-focused technological partnership.
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From Commodity Trade to Technology-Driven Growth
Borukhov said that for decades, India-Russia trade revolved largely around energy, raw materials, and commodity exchange, but the future will be shaped by technology, innovation, and strategic investments.
“I run an investment firm called Realia Capital. Regarding the potential for further development of bilateral relations between Russia and India, I see huge opportunities. Now, this relationship is entering a new phase, a technological era,” Borukhov told.
He stressed that digital transformation, startup ecosystems, and emerging technologies are expected to define the next stage of cooperation between the two nations.
Russia’s Expertise in Cybersecurity, AI, and Defence Crucial for India
Echoing similar views, Nivruti Rai, Managing Director and CEO of Invest India, highlighted Russia’s global strengths in mathematical modelling, cybersecurity, defence technologies, and artificial intelligence.
“My view is, how do we drive growth for India, and who can I partner with to advance growth in technology, investment, and trade? My primary focus is on top investments in technology and foreign direct investment to drive growth,” Rai said.
She added that Russia’s capabilities could significantly boost India’s defence intelligence, cybersecurity infrastructure, and AI-driven defence systems in the coming years.
India-Russia Economic Cooperation Till 2030
The technological push comes alongside a long-term economic cooperation roadmap announced by Prime Minister Narendra Modi after talks with Russian President Vladimir Putin.
India and Russia have agreed on an economic cooperation programme to expand bilateral trade till 2030, with both sides also working towards an early Free Trade Agreement (FTA) with the Eurasian Economic Union (EAEU).
Both countries aim to achieve:
$50 billion in mutual investments by 2025
$100 billion in annual bilateral trade by 2030
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Multiple Agreements Signed Across Key Sectors
During recent high-level engagements, the two leaders also witnessed the signing of multiple agreements across a wide range of sectors, including:
Fertilisers
Food safety
Shipping and logistics
Energy cooperation
President Vladimir Putin also assured India of uninterrupted fuel supplies, reinforcing Russia’s commitment to supporting India’s fast-growing economy.
“We are ready to continue uninterrupted shipments of fuel for the growing Indian economy,” President Putin said.
Why This Shift Matters
Experts believe this strategic shift to technology-led cooperation could reshape India-Russia ties for the next decade, strengthening collaboration in AI, cybersecurity, defence manufacturing, digital trade, and smart infrastructure — all key pillars of India’s economic growth strategy.
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