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 pharma categories from DGCIS (487-code basket)

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).