New Delhi, Dec. 4 -- Russian President Vladimir Putin's visit to India has drawn strong attention from industry leaders, who believe the trip could mark a new chapter in trade relations between the two nations. Industry experts say the discussions are focused on boosting bilateral trade, balancing imports and exports, and identifying new areas of cooperation in technology and industry.

Ajay Sahai, Director General and CEO of the Federation of Indian Export Organisations (FIEO), said India's trade with Russia remains uneven but is showing signs of improvement. "If we look at India's trade, last year we imported approximately USD 63 billion from Russia. Our exports are USD 5 billion. As the minister said, this trade is slightly skewed, so ...