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GCC-India trade tumbles as New Delhi snaps up Russian oil

By Megha Merani
Workers operate a knitting machine at a factory in Hindupur, Andhra Pradesh. Textiles and yarns have export growth potential, according to Indian officials Reuters/Samuel Rajkumar
Workers operate a knitting machine at a factory in Hindupur, Andhra Pradesh. Textiles and yarns have export growth potential, according to Indian officials

Trade with the GCC six falls to $162bn

India buys 26% of its oil from Russia

UAE remains largest partner in Gulf

India’s trade with the GCC countries fell 12 percent to $162 billion in 2023-24, according to its Ministry of Commerce and ...

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