Story perspectives

Sberbank Calls for More Indian Builders Amid 2.3 M Labor Gap

6/4/2026

Summary

Story summary

Sberbank urged Russian authorities to admit additional Indian construction workers to ease a reported shortage of 2.3 million laborers.
The Russian Labour Ministry projects the construction sector will need 789,000 more workers by 2030.
Work permits for Indian nationals rose from about 5,000 in 2021 to nearly 72,000 in the previous year.
President Vladimir Putin and Prime Minister Narendra Modi signed a December agreement to simplify Indian employment in Russia.

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Story summary

Sberbank urged Russian authorities to admit additional Indian construction workers to ease a reported shortage of 2.3 million laborers.
The Russian Labour Ministry projects the construction sector will need 789,000 more workers by 2030.
Work permits for Indian nationals rose from about 5,000 in 2021 to nearly 72,000 in the previous year.
President Vladimir Putin and Prime Minister Narendra Modi signed a December agreement to simplify Indian employment in Russia.