Volga Federal District area consists of 14 units: Bashkortostan, Mari El, Mordovia, Tatarstan, Udmurtia, Chuvashia, Perm Krai, Kirov, Nizhny Novgorod, Orenburg, Penza, Samara, Saratov, Ulyanovsk regions. Nizhny Novgorod is the centre of Volga Federal District.

The population is nearly 30 million people, about 70-75% profess Orthodoxy and over 20% are Muslim.

Significant industrial capacity is one of the main features of Volga Federal District. It consolidates a quarter of total industrial production, 85% of automobile production, 65% of aircraft engineering, 40% of petrochemistry, 30% of shipbuilding, 30% of defence industry complex manufacture in Russia. The District's gross regional product excels by large percentage of manufacturing industry – 24,5% (19,3% of the national) and mining – 13,7% (10,5% of the national).

The district's traditional profile is automotive industry. It hosts the largest Russian automobile plants: Volzhsky, Gorkovsky, Kamsky, Ulyanovsky, and other automotive manufacturers, which produce over 73% of cars, 90% of trucks, 85% of buses, 80% of auto engines. Extraction of oil (20% of Russian oil extraction) and natural gas in Volga district is second only to that of Ural Federal District.

Power engineering, shipbuilding, instrument engineering, machine-tool building are well-developed industries in many regions of the district. The district leads the fields of mineral fertilizers, synthetic resin, plastics, tires, and caustic soda production. There are also multi-functional agro-industrial complexes, which provide agricultural products and grain.

Republic of Bashkortostan, Republic of Tatarstan, Perm Krai, Nizhny Novgorod and Samara regions demonstrate high rates of production, finance, innovation and consumer factors, which contribute much to investment potential.

Transit position: Volga region has a unique transit location due to its position at the crossing of international "North - South” and “East - West” transport corridors, connecting Siberia and Far East with European part of Russia and Europe. Another advantage of the district’s geographical location is an expedite access to Kazakhstan, Uzbekistan and Tajikistan.

Pipelines from Western Siberia are spread on the district’s territory, which contributes to the development of chemical industry, reducing the cost of providing the regions with fuel resources, including gas and coal.

The transport infrastructure of Volga district is well developed. The density of railways ranks third in Russia (143 km of tracks per 10K sq m). The density of highways in the district ranks second in Russia (140 km of roads per 1000 sq m).