A LARGE delegation of Indian exporters will start a four-day visit to Moscow today, a senior trade body official said, part of New Delhi’s push to diversify export markets amid the impact of US President Donald Trump’s sharp tariff increases. The visit comes ahead of an expected trip to India next month by Russian President Vladimir Putin.
The delegation will comprise more than 20 exporters from the engineering sector – a sector which accounts for nearly a fifth of all Indian merchandise exports – and the visit is part of a broader strategy to tap new markets, industry officials said.
At the MITEX Tools Expo in Moscow from today to Friday, Indian firms will showcase engineering goods, highlighting the country’s manufacturing strength, the Federation of Indian Export Organisations said, while the Indian Embassy and the Commerce Ministry will facilitate meetings with Russian buyers to promote trade and joint ventures.
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