The legacy of Indian trade with Russia predates India’s independence, dating back to 400 years ago when the first Indian traders set foot in the Astrakhan region. Over the centuries, this trading community actively engaged with Russia, importing goods not only from India but also from Persia and central Asia. The diplomatic ties, forged between 1647 and 1695, laid the foundation for enduring connections even after the collapse of the Mughal Empire. The post-Soviet era brought a seismic shift in Russia’s industrial landscape, opening doors for international entrepreneurs. Amid the economic liberalization and privatization of the 1990s, Indian businesses found fertile ground. Despite challenges, these enterprises not only thrived but also became integral to local economies, providing jobs during challenging times.
Fast forward to the present, approximately 10,000 Indians have made Moscow their home, with a scattering across various regions, but it’s in St Petersburg and the capital where the Indian diaspora truly comes to life. One of the existing historical accounts notes that the Indo-Russian camaraderie, rooted in historical trade and diplomatic ties, persists, with around 30,000 Indians contributing to the diverse fabric of Russia, 15,000 of whom reside in Moscow.
India’s distinction as having the world’s largest diaspora is echoed in Russia, with an estimated 14,000 Indians, including 4,500 students, according to the UN’s World Emigration Report 2020, pursuing diverse fields such as medicine, business management, computer science, and engineering.
The economic landscape is shaped by approximately 500 Indian businessmen, with 200 based in Moscow. Sectors such as tea, coffee, rice, spices, textiles, IT, and pharmaceuticals see vibrant contributions from these entrepreneurs.
