<h1>India-Russia trade needs rebalancing through export growth in targeted goods and services and simplified trade procedures.</h1> India-Russia trade shows a marked imbalance with much larger imports than Indian exports; policy measures target expanding Indian exports in specified goods and services sectors (consumer goods, food, autos, heavy vehicles, electronics, industrial components, textiles, and services) to reduce the trade deficit and pursue a USD 100 billion bilateral trade target by 2030, alongside simplifying customs and trade procedures to improve market access and diversify India's export composition.