Russian Companies Increase Presence in Navi Mumbai Amid Rising Bilateral Trade
- Reports
- 5
- Developments
- 1
- Repetition
- 80%
New informationRepeats or wire copies
What happened
On August 21, 2026, REC Group opened its first permanent 'Made in Russia' national pavilion in Navi Mumbai. This initiative is occurring amid growing trade, as bilateral commerce between India and Russia rose 24.3% to $47.7 billion between January and July 2026, according to India's Ministry of Commerce and Industry. Miratorg is one of the companies participating in the program.
From calcuttanews.net
Why it matters
The pavilion provides a practical mechanism for Russian companies to enter the Indian market. REC Group plans to launch a pilot project to place 'Made in Russia' shelves in Indian retail outlets by the end of the year.
From calcuttanews.net
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Directorate of Revenue IntelligenceSpeculative
The Directorate of Revenue Intelligence could see an increase in customs activity and revenue due to the higher bilateral trade volume.
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The entities involved
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Miratorg
privately-held agribusiness company based in Moscow, Russia
Nothing else this week.
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REC Group
company in the Czech Republic
Nothing else this week.
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Navi Mumbai
Satellite city of Mumbai