Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Finance
    3. >Russia, facing labour crunch worsened by war, pivots to India for workers
    Finance

    Russia, Facing Labour Crunch Worsened by War, Pivots to India for Workers

    Published by Global Banking & Finance Review®

    Posted on February 11, 2026

    4 min read

    Last updated: February 11, 2026

    Add as preferred source on Google
    Russia, facing labour crunch worsened by war, pivots to India for workers - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:employment opportunitiesforeign investmentlabor marketeconomic growth

    Quick Summary

    Russia faces a labor shortage due to the war in Ukraine and turns to India for workers. Work permits for Indians have increased, highlighting strong economic ties.

    Russia Turns to India to Address Labor Shortage Amid War Challenges

    Russia's Labor Shortage and Indian Workforce

    By Andrew Osborn and Ekaterina Maksimova

    MOSCOW, Feb 11 (Reuters) - A group of weary-looking Indian men carrying sports bags queued at passport control at a busy Moscow airport one recent evening after flying over 2,700 miles - and via Uzbekistan - to get work.

    "I have a contract for one year. In the rubbish disposal business. The money is good," said Ajit, one of the men, speaking in English.

    Increased Work Permits for Indians

    Faced with what the authorities say is an immediate shortage of at least 2.3 million workers, a shortfall exacerbated by the strain of Russia's war in Ukraine and one that Russia's traditional source of foreign labour - Central Asians - is not able to fill, Moscow is turning to a new supplier: India.

    INDIAN INFLUX HELPS RUSSIA MAKE UP LABOUR SHORTFALL

    Impact on Various Sectors

    In 2021, a year before Russia sent its troops into Ukraine, some 5,000 work permits were approved for Indian nationals. Last year, almost 72,000 permits were okayed for Indians - nearly a third of the total annual quota for migrant workers on visas.

    "Currently, expatriate employees from India are the most popular," said Alexei Filipenkov, director of a company that brings in Indian workers.

    He said workers from ex-Soviet Central Asia, who do not need visas, had stopped coming in sufficient numbers. Official figures show they still made up the majority of some 2.3 million legal foreign workers not requiring a visa last year, however.

    But a weaker rouble, tougher migration laws, and increasingly sharp anti-immigrant rhetoric from Russian politicians have eroded their numbers and encouraged Moscow to boost visa quotas for workers from elsewhere.

    The choice of India for unskilled labour reflects strong defence and economic ties between Moscow and New Delhi.

    India has been buying discounted Russian oil that Moscow - due to Western sanctions - cannot easily sell elsewhere, although that may now be in question.

    President Vladimir Putin and Indian Prime Minister Narendra Modi signed a deal in December to make it easier for Indians to work in Russia. Denis Manturov, Russia's first deputy prime minister, said at the time that Russia could accept an "unlimited number" of Indian workers.

    Economic and Political Implications

    At least 800,000 people were needed in manufacturing, and another 1.5 million in the service and construction sectors, he said.

    INDIANS WORKING IN RUSSIAN FACTORIES AND FARMS

    Brera Intex, a Moscow textiles company, has hired around 10 workers from South Asia, including Indians, to make curtains and bed linen.

    Sat at a sewing machine, 23-year-old Gaurav from India said he had been working in Russia for three months.

    "I was told to come (over) to this side, that the work and money are good," he said. "Russian life is very good."

    Married with two children, he said he spoke to his family back in India by phone every day and told them he missed them.

    Olga Lugovskaya, the company's owner, said the workers - with the help of samples and supervision - had picked up the work in time and were highly motivated.

    "Some of the guys who came in didn’t even know how to switch on a sewing machine," she said. "(But) after two or three months, you could already trust them to sew a proper finished item."

    Outside Moscow, the Sergiyevsky farm relies on Indian workers too, using them to process and pack vegetables for an average salary of about 50,000 roubles ($660) per month, a salary for which the farm says locals will not work.

    "I have been working here, at Sergiyevsky, for one year," said Sahil, 23, who said he was from India's Punjab region.

    "In India there is little money, but here there is a lot of money. The work is here."

    U.S. pressure on India to halt its purchases of Russian oil - something President Donald Trump has linked to a trade deal between the United States and India announced this month - could yet dampen Moscow's appetite for Indian workers.

    But for now it's unclear how New Delhi will recalibrate its oil purchases, and Moscow has played down any suggestion of tensions.

    (Additional reporting by Evgeniy Matveev; Editing by Kevin Liffey)

    Table of Contents

    • Russia's Labor Shortage and Indian Workforce
    • Increased Work Permits for Indians
    • Impact on Various Sectors
    • Economic and Political Implications

    Key Takeaways

    • •Russia faces a labor shortage exacerbated by the war in Ukraine.
    • •India emerges as a new source for foreign workers in Russia.
    • •Work permits for Indians in Russia have significantly increased.
    • •Economic and political ties between Russia and India are strong.
    • •Indian workers are filling gaps in various Russian sectors.

    Frequently Asked Questions about Russia, facing labour crunch worsened by war, pivots to India for workers

    1What is a work permit?

    A work permit is an official document that allows a foreign national to work in a specific country for a designated period.

    2What is foreign investment?

    Foreign investment refers to the investment made by individuals or entities in businesses or assets located in another country.

    3
    What is a labor market?

    The labor market is the supply and demand for labor, where employers seek to hire workers and individuals seek employment.

    4What is economic growth?

    Economic growth is the increase in the production of goods and services in an economy over time, typically measured by GDP.

    More from Finance

    Explore more articles in the Finance category

    Image for Police detain fourth suspect after arson attack on Czech defence factory
    Police Detain Fourth Suspect After Arson Attack on Czech Defence Factory
    Image for French police arrest man over attempted attack outside Bank of America in Paris, Le Parisien reports
    French Police Arrest Man Over Attempted Attack Outside Bank of America in Paris, Le Parisien Reports
    Image for Italy's Poste seeks meeting with Telecom Italia board over takeover bid, sources say
    Italy's Poste Seeks Meeting With Telecom Italia Board Over Takeover Bid, Sources Say
    Image for Thieves steal 12 tons of KitKat chocolate bars in Europe
    Thieves Steal 12 Tons of KitKat Chocolate Bars in Europe
    Image for Italian state finances can absorb shock due to Middle East crisis, Finance Minister says
    Italian State Finances Can Absorb Shock Due to Middle East Crisis, Finance Minister Says
    Image for Rosatom says situation at Iran's Bushehr nuclear power plant keeps deteriorating
    Rosatom Says Situation at Iran's Bushehr Nuclear Power Plant Keeps Deteriorating
    Image for Russian drones kill four in Ukraine, damage key infrastructure and maternity hospital
    Russian Drones Kill Four in Ukraine, Damage Key Infrastructure and Maternity Hospital
    Image for US carrier Ford arrives in Croatia for repairs
    US Carrier Ford Arrives in Croatia for Repairs
    Image for Austria's Raiffeisen to buy BBVA's Romania unit for $680 million
    Austria's Raiffeisen to Buy BBVA's Romania Unit for $680 Million
    Image for EU trade commissioner discusses critical minerals, tariffs with US
    EU Trade Commissioner Discusses Critical Minerals, Tariffs With US
    Image for Pakistan to host talks with Saudi Arabia, Turkey, Egypt amid Iran war diplomacy
    Pakistan to Host Talks With Saudi Arabia, Turkey, Egypt Amid Iran War Diplomacy
    Image for Italian market watchdog deems all MPS board slates fully legitimate, source says
    Italian Market Watchdog Deems All Mps Board Slates Fully Legitimate, Source Says
    View All Finance Posts
    Previous Finance PostGermany's Commerzbank Says 2026 Net Profit Will Likely Surpass Target
    Next Finance PostHeineken to Cut up to 6,000 Jobs as Beer Demand Falters