Business Council
for Cooperation with India
Register 

Russia is the largest country in the world as well as its the richest in natural resources. Theres almost any mineral can be found in Russia: ores, rare earth metals, raw materials for fertilizers, biological resources, hydrocarbons coal, oil, gas and shale rock. An endless boreal forest with timber resources and the world's largest clean drinking water reserves are also in Russia.

Despite the predominantly extractive character of its economy, 70 % of Russia is a virgin soil untouched by human hands. Russia has huge potential for further natural resources development.

Depositphotos_10273444_s.jpg
Photo: Lake Baikal. Is the largest (by volume) freshwater lake in the world, containing roughly 20% of the world's unfrozen surface fresh water.Vladivostok is a city and the administrative center of Primorsky Krai, Russia, located at the head of the Golden Horn Bay, not far from Russia's borders with China and North Korea.

The area of Russian Federation is 17 125187 square kilometers. Total borders length is 60 933 km (including 38 808 km of sea borders). The territory length from West to East is close to 10 000 km thus there are unique marine, rail and automobile "Europe-Asia" transport corridors. The population density of Russia is 8.53 pers/square kilometer.

vladivostok.jpg
Photo: Vladivostok is a city and the administrative center of Primorsky Krai, Russia, located at the head of the Golden Horn Bay, not far from Russia's borders with China and North Korea.

Russian Economy
The aggregate GDP of the Russian Federation is $2.1 trillion (2013).
Purchasing power GDP is 2,553 trillion.
Per capita GDP is $14 611,70 per year.

The Russian economy is growing. Beyond crisis recession, the average annual growth rate of industrial production in Russia ranges from 2.6% (2012) to 8.4% (2010).

Sectoral structure of Russia's GDP (2012):
Agriculture and forestry 3.8%
Mining 10.9%
Manufacturing industry 15.2%
Production and distribution of electricity, gas, water and other utilities 5.1%
Construction 6.5%
Trade 19.7%
Transport and communications 8.2%
Finance and services 17.1%
Public administration, education, health and military security 13.5%

imbc-24-5-1920.jpg
Photo: Moscow International Business Center, also referred to as Moscow-City or Moskva-City, is a commercial district in central Moscow, Russia 

Russian exports reach $528 billion, imports $341 billion. Russian economy stability provides one of the lowest public debt levels in the world less than 10% of GDP (7.9% for 2013). Russian consumption potential is high enough. By Indian standards, most of Russian citizens are well-off: in 2012 mean income was $7 000 per year. More than 5 million families have annual income over $30 000. There are more than 100 dollar millionaires in Russia. Trading, agricultural products supply, financial sector, remote services sector and tourism can be of interest for Indian business in Russia.

54d312b51b17fAcros_595_Plus_16.jpg
Photo: Rostselmash grain harvesters ACROS 595 Plus

Population of Russia is 146 100 000. Russian citizens are highly educated. In 2012, 24% of Russians had higher education, 25% secondary technical education, 18.3% complete general education (11 school grades), 9.6% compulsory education (9 grades). Literacy rate in Russia is above 99%.