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New Delhi has received a commitment to about $20 billion Chinese investments in India over a period of five years.
The Indian e-commerce market was worth $13 billion in 2013.
The potential of this route is “enormous”, the Gazprom CEO told the Russian President.
Bilateral trade between India and China reached about $65.5 billion last year.
China and India are Asia’s largest and third largest oil consumers respectively.
The Chinese President has reached the western Indian state of Gujarat on Wednesday afternoon.
China has said it will invest up to $100 billion in India over the next five years in Indian infrastructure projects.
The Central Banks of the two nations signed a 10 billion yuan (around $1.63 billion) currency swap deal.
US Fed chief Janet Yellen, experts believe, could announce rate increases to begin in 2015, marking the first time since 2006 the Federal Reserve has made such a move.
More than a quarter of the EU's total gas needs were met by Russian gas, and some 80% of it came via Ukrainian pipelines.
