India and Russia share a unique relationship, however, one that cannot and should not be solely dictated by other countries, who are not part of this dynamic. Indian and Russian diplomatic ties have been time-tested and are economically symbiotic. The relationship provides advantages to both countries and New Delhi will never break ties with an old friend who has stood by India’s people. In India, the production of different spices has increased significantly over the past few years. According to a report by the government trust India Brand Equity Foundation, 10.88 million tonnes of spices were produced in 2021 to 2022. Many of these spices are exported from the country to numerous nations worldwide. India exported spices and spice-related products to 180 countries during 2020 to 2021.China, the USA, Bangladesh, Thailand, UAE, Sri Lanka, Malaysia, the UK, Indonesia, and Germany were top destinations for Indian spices. And, more than 70% of all export revenue in 2020 to 2021 came from these markets only.
#Russia #IndianSpices #IndianEconomy
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