India can grow its exports to Russia seven-fold if it can crack the market for food, pharma, textiles and machinery, according to a study by trade policy think tank Global Trade Research Initiative (GTRI) India supplies barely 2.4% of Russia’s total imports of $ 202.6. While bilateral commerce is nearing $70bn, India’s exports remain stuck below $5bn and imports are overwhelmingly dominated by crude oil worth $ 50 billion. The bilateral trade has become an oil relationship rather than a broad trade partnership.