Protecting investments, strengthening existing economic and trade relations, and achieving both countries’ strategic goals are just a few of the issues on the Russia-India commercial agenda. What is the correct role of state development institutions and commercial banks in promoting greenfield and brownfield projects in both Russia and India? And what joint innovation projects, including in the IT, telecommunications, energy, and biotechnology sectors, should be undertaken to accelerate collaboration?
Bilateral investments are growing and we hope that this trend will continue in coming years.
It is important that Russia’s predominant exports to India are not raw materials, but are goods with a high added value--technical output. India is a major supplier of pharmaceuticals for Russia; they account for over a quarter of Indian exports to Russia.
Experience shows that cooperation with Indian specialists and participation in the development of software and electronic devices – including consumer products – are extremely beneficial for accessing the global market.
In cooperation with State Atomic Energy Corporation ‘Rosatom’
In cooperation with the Federal Grid Company of Unified Energy System