This paper provides an overview of crisscrossing Russia-India investments and demonstrates that this is a relatively new phenomenon in the history of their relations. It argues that mutual investments could be supportive of expanding trade as well as “elevate” the geopolitical status of the two states in the world. The paper also identifies a number of barriers faced by business communities in Russia and India when interacting on a bilateral basis in the field of crisscrossing investments and suggests some policy initiatives which could pave the way for increasing trade and enhancing the competitive advantages of both countries internationally.