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Indian govt shares list of exporters with Moscow Bid to push up exports.
Dec 08, 2022

In a move to bridge the trade gap between India and Russia, a list of goods including auto parts, textiles have been shared with exporters by the government based on the interest shown by Moscow.
 
'Russia wants to import these goods from India. The list has been shared by the ministry with the concerned export promotion councils and exporters to look into whether they can ship those products to Russia,' the official said.
 
Industry experts said it would not be easy for Indian exporters to ship these goods to Russia as they are facing problems with regard to the availability of containers.
 
'Indian exporters may be in a position to supply these materials but currently the availability of ships and containers for Russia is quite depleted. There are very limited agencies which are taking orders for Russia, so Indian exporters are not in a position to supply even if they have materials,' trade analysts said.
 
Moscow had sent India a list of more than 500 products for potential delivery, including parts for cars, aircraft and trains, as sanctions following Russia’s invasion of Ukraine squeeze its ability to keep vital industries running.
 
The apparel industry has shown interest in shipping the goods but the auto industry looks apprehensive. Some exporters have reverted to the Indian embassy in Moscow about the list.
    
telegraphindia.com

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