OREANDA-NEWS  The trade turnover between Tatarstan and India exceeded $ 1 billion in seven months of this year, while for the whole of 2025 it amounted to $353 million, said Taliya Minullina, head of the Tatarstan Investment Development Agency.

"Tatarstan's trade turnover with India has been growing significantly since last year. We see that only in the first half of the year, seven months of this year, we have already exceeded a billion dollars, while earlier, of course, the figures were much more modest," Minullina said at a briefing dedicated to the second business forum "TIME: Russia - India. Mutual effectiveness".

By the end of 2025, Tatarstan's trade turnover with India amounted to $353 million, at the level of 2024.

According to Minullina, Tatarstan and India have a good potential for cooperation in the field of medicine and pharmaceuticals, and the creation of an Indian Ayurvedic center in Tatarstan is being discussed. The growth of cooperation was noted in the field of agriculture, in particular, the supply of sunflower oil from Tatarstan, and a good supply of grain.

The head of the Tatarstan Investment Development Agency recalled that the business forum "TIME: Russia - India. Mutual Efficiency" is an initiative of Tatarstan aimed at developing cooperation between Russia and India. This year the forum will be held for the second time, it will be held on October 15-16. This year's business program consists of 36 events, 23 sessions will be held on 14 tracks, including in such key areas as international cooperation, investment and innovation, education, information technology, industry, medicine, logistics, business, agriculture, media, sports, tourism.

Business Forum "TIME: Russia - India. Mutual Efficiency" was held for the first time in Kazan on October 8-9, 2025. About 3,500 people from 35 regions of Russia and 22 administrative divisions of India took part in it. 15 business sessions were held. Five Indian and 11 Russian companies participated in the international exhibition "India and Tatarstan: New Approaches to Cooperation". 19 agreements were signed covering a wide variety of fields, from education and medicine to the agro-industrial complex and entrepreneurship.