Quality · Access · Hope
Countries

🇷🇺 #10 Export Destination

Russia

India's pharmaceutical partnership with Russia

$601M FY 2025–26

India ships $601M in pharmaceutical products to Russia each year, making it the #10 export destination.

All data from DGCIS India export records (fiscal year, April–March).
$601M
Scale
India supplies $601M in pharmaceutical products to Russia each year, a substantial supply line of affordable medicine.
74%
Medicine
Primarily medicines (74%), supplemented by medicine ingredients and surgical & hospital supplies.
1.4×
Trajectory
Steady growth over the decade: India's pharmaceutical supply to Russia has expanded 1.4×.
#10
Context
A top-10 export destination, and a key pharmaceutical market in Europe.
✦
Impact
Indian pharmaceutical companies have both exported to and invested directly in Russia, building trade and operational presence.
Export Trend DGCIS FY
Pharmaceutical Composition Trend DGCIS CY 2014–2025

All pharmaceutical categories from DGCIS

Category Mix, FY 2025–26 DGCIS
Medicines $446M (74.1%) Medicine Ingredients $103M (17.1%) Surgical & Hospital Supplies $24.6M (4.1%) Traditional & Herbal $19.2M (3.2%) Vaccines $8.7M (1.4%)
Top Products, FY 2025–26 DGCIS
Indian Pharma Investment in Russia Source: RBI ODI Data

Total RBI-approved ODI commitments by Indian pharmaceutical companies into Russia: $218M across 33 filings (2011-2026).