Russia-Ukraine war opens gates for export of more Indian products: CAIT

The Confederation of All India Traders (CAIT) has said the war between Russia and Ukraine has opened up gates for Indian products to flourish in the former country.

'Due to the Russia-Ukraine war, imposition of several sanctions on Russia by different countries has opened gates for the export opportunities for a large number of Indian products, as the demand of Indian goods has tremendously increased in Russia," CAIT national president B C Bhartia and secretary general Praveen Khandelwal have said in an official release.

Observing that earlier Russia was importing a large number of FMCG and consumable goods from the United States, the United Kingdom and European countries, which has now stopped because of the sanctions on Russia, CAIT has said such situation is best called as| blessings in disguise for Indian manufacturers and traders to fill the void with Indian goods.

The traders' body has said that the demand for Indian products has increased very fast in Russia and in the first phase different products are required on priority basis in different packings. It includes various types of fruit jams and jelly, cornflakes, muesli, porridge, oat flakes, different types of tea, coffee powder, premixed tea and coffee, sugar, salt and pepper sachets and blisters, milk powder, fruit, vegetable, instant mix pancake, cheese, pasta, fuili and macaroni, butter, sour cream, fruit drinks, fermented curd, soup goods, spices, honey, biscuit, pickles, frozen snacks, food grains, ketchup, ready to eat food, bread, rice, beans, pulses, whole spice, corn flour, purees, soup sticks, potato chips and wafers, CAIT has said.