India → Russia · sourced list
Indian Companies in Russia: Who Is There (2026)
Short answer
Indian companies in Russia work mainly in pharmaceuticals, oil and gas, and banking. Below are 17 Indian companies with a presence in Russia, each confirmed by an official or company source we opened on 2026-10-23.
17 companies, each with a source
Sorted by sector. Each row names the source that confirms the company's presence in Russia and the date we checked it.
Abrasives and ceramicsBankingOil and gasPharmaceuticalsTea and coffee
| Company | Sector | What it does there | Source, date checked |
|---|---|---|---|
| Carborundum Universal (Murugappa Group) | Abrasives and ceramics | Owns 98.07% of Volzhsky Abrasive Works, a silicon carbide and abrasives producer in Russia. | CUMI Business Responsibility and Sustainability Report FY2024-252026-10-23 |
| Canara Bank | Banking | Was a 40% shareholder in Commercial Indo Bank LLC, Moscow, founded with SBI in 2003. (Moscow)Left the bank's shareholders in January 2023 and sold its 40% stake to SBI (per Commercial Indo Bank). | Commercial Indo Bank LLC: About the bank2026-10-23 |
| State Bank of India | Banking | Owns 100% of Commercial Indo Bank LLC, a bank in Moscow (took the remaining 40% from Canara Bank in the quarter to Dec 2022). (Moscow) | SBI results filing, quarter ended 31 Dec 2022 (NSE)2026-10-23 |
| Bharat PetroResources (BPCL) | Oil and gas | Member of the Oil India-led consortium holding 23.9% of JSC Vankorneft and 29.9% of LLC Taas-Yuryakh Neftegazodobycha (acquired 2016). (East Siberia) | Oil India press release, 5 Oct 20162026-10-23 |
| Indian Oil Corporation | Oil and gas | Member of the Oil India-led consortium holding 23.9% of JSC Vankorneft and 29.9% of LLC Taas-Yuryakh Neftegazodobycha (acquired 2016). (East Siberia) | Oil India press release, 5 Oct 20162026-10-23 |
| Oil India | Oil and gas | Led the Indian consortium that bought 23.9% of JSC Vankorneft and 29.9% of LLC Taas-Yuryakh Neftegazodobycha from Rosneft in October 2016. (East Siberia) | Oil India press release, 5 Oct 20162026-10-23 |
| ONGC Videsh | Oil and gas | Holds 20% of the Sakhalin-1 project (now under Sakhalin-1 LLC), 26% of Vankorneft (Vankor field, East Siberia) and owns Imperial Energy, an oil producer in the Tomsk region. (Sakhalin; Tomsk region; Vankor (Krasnoyarsk Krai)) | ONGC Videsh: Assets, CIS & Far-East2026-10-23 |
| Aurobindo Pharma | Pharmaceuticals | Incorporated Auro Pharma LLC as a wholly owned step-down subsidiary in Russia (disclosed 26 July 2023). | Aurobindo Pharma Regulation 30 disclosure (BSE)2026-10-23 |
| Dr. Reddy's Laboratories | Pharmaceuticals | Step-down wholly owned subsidiary Dr. Reddy's Laboratories LLC sells medicines in Russia and took on distribution of Novartis's Galvus brands there. | Dr. Reddy's Regulation 30 disclosure (BSE)2026-10-23 |
| Glenmark Pharmaceuticals | Pharmaceuticals | Russian subsidiary Glenmark Impex LLC markets Glenmark's dermatology and respiratory medicines; Glenmark calls Russia a significant market. | Glenmark press release, 1 Nov 2018 (names Glenmark Impex LLC); Glenmark ESG Factbook FY2025 (Russia business)2026-10-23 |
| Ipca Laboratories | Pharmaceuticals | Marketing office in Moscow with about 20 staff, supporting a field force of about 200 for its brands in Russia. (Moscow) | Ipca: Global businesses, Russia2026-10-23 |
| J.B. Chemicals & Pharmaceuticals | Pharmaceuticals | Has an office in Russia, one of its two international offices; the company calls Russia one of its home markets. | J.B. Chemicals BRSR 2023-24 (NSE)2026-10-23 |
| Sentiss Pharma | Pharmaceuticals | Moscow office and a warehouse in Domodedovo (Moscow region) for its eye and ENT medicines sold in Russia. (Moscow) | Sentiss Russia website (contacts)2026-10-23 |
| Sun Pharmaceutical Industries | Pharmaceuticals | Representative office in Moscow and 100% owner of PJSC Biosintez, a drug manufacturer with a plant in the Penza region. (Moscow; Penza region) | Sun Pharma Russia page2026-10-23 |
| Torrent Pharmaceuticals | Pharmaceuticals | Wholly owned subsidiary ZAO Torrent Pharma buys and sells Torrent products in Russia. | Torrent related-party transactions, half year to 30 Sep 2022 (BSE)2026-10-23 |
| Zydus Lifesciences | Pharmaceuticals | Sells hepatitis C generics (sofosbuvir, velpatasvir, daclatasvir, ledipasvir) in Russia through a Russian-language site with a Russian hotline. | Zydus Heptiza Russia website2026-10-23 |
| Tata Consumer Products | Tea and coffee | Owned a tea and coffee branding and distribution business in Russia (Grand), acquired in 2009.Fact sheet records 'Exits the Russia business' in 2017. | Tata Consumer Products corporate fact sheet, Dec 20212026-10-23 |
We list a company only when an official or company source we opened confirms its presence. This is not a complete list, and inclusion is not an endorsement. Spot an error? Write to us and we will check it.
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Common questions
+–Which Indian companies work in Russia?
The list on this page has 17 Indian companies with a presence in Russia, mostly in pharmaceuticals, oil and gas, and banking. Each name links to the official or company source that confirms it.
+–How can an Indian company start selling in Russia?
Most start through a Russian importer or distributor rather than their own company. The first job is finding one that is real, solvent and buying your product. Our Moscow desk searches, checks and introduces you; see our guide on importers in Russia.
+–Is this a complete list?
No. We only list a company when a source we opened confirms its presence. If you know of a company that should be here, or one that has left, write to us and we will check it.
+–Do you sell contact lists of these companies?
No. This page is free and public. We do not sell lists; our work is finding and checking the right partner for your product and introducing you.
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