India and Russia have agreed to achieve US$50 billion (₹4.42 lakh crore) in mutual investments by 2030, aiming to deepen economic cooperation across advanced manufacturing, critical minerals, clean energy and emerging technologies.

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• India and Russia have set a mutual investment target of US$50 billion by 2030.
• The target was discussed during the India–Russia Joint Working Group on Priority Investment Projects meeting in Moscow.
• The meeting was co-chaired by DPIIT and Russia’s Ministry of Economic Development.
• Both countries agreed to expand cooperation in advanced manufacturing.
• Priority sectors include critical minerals, mining and metallurgy.
• The partnership will also focus on green hydrogen and energy storage technologies.
• Cooperation in emerging technologies and innovation will be strengthened.
• Both sides emphasized greater private sector participation in investment projects.
• The meeting highlighted opportunities for joint industrial and infrastructure investments.
• India showcased its economic reforms, skilled workforce and investment-friendly environment.
• The Russia–India Investment Forum discussed expanding bilateral investment and industrial cooperation.
• Industry bodies including CII and FICCI participated in the investment discussions.
• The “Making in Russia for India” model was highlighted to promote industrial collaboration.
• The framework focuses on sectors such as fertilisers, mining and critical minerals.
• The proposed investment target is expected to strengthen technology collaboration, resilient supply chains and long-term economic partnership between the two countries.