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Russian Delegation Eyes Technology Ties with India

Nov 28, 2019

A meeting was organised by MVIRDC World Trade Center Mumbai in association with All India Association of Industries. Mr. Aleksei Surovtsev, Consul General, Consulate General of the Russian Federation in Mumbai said, “The business community in the fast growing Novosibirsk region of Russia is eager to collaborate with potential partners in India, which is also one of the fastest growing economies in the world. The 16-member delegation represented by sectors such as biotechnologies, biopharmaceuticals, food industry, mining, aviation and instrument-making offers tremendous opportunities for technology transfer, bilateral trade and investment.”

Mr. Surovtsev said that Novosibirsk is the most successful scientific region of Russia with tremendous growth in innovation and technology development. Indian companies across manufacturing and agro-based industries can explore fruitful technological collaborations with their counterparts in this region.

Ms. Anna Rudneva, Export/Import Consulting, Russia & CIS Countries remarked that the Russian Consulate has led this delegation to India to further strengthen and promote bilateral trade with Novosibirsk region.

Mr. Vijay Kalantri, Vice Chairman, MVIRDC World Trade Center Mumbai said,”India and Russia are natural partners as they have strong defence and economic cooperation since the days of the cold war. The Novosibirsk region can be a major driver of bilateral relations because of its vibrant industry and strategic location. Currently, the bilateral trade between both countries stand at USD 8 billion and I expect it to grow to USD 30 billion in the next three years.”

Mr. Kalantri suggested Indian companies to explore joint ventures and technical collaborations with their counterparts in this Russian region.

In Photo:

From (L-R): Mr. Aleksei Surovtsev, Consul General, Consulate General of the Russian Federation in Mumbai; Ms. Anna Rudneva, Export/Import Consulting, Russia & CIS Countries; Mr. Vijay Kalantri, President, Vice Chairman, MVIRDC World Trade Center Mumbai and Mr. Evgeniy Ostapkevich, Head of the Division for Company Outreach, The Trade Representation of the Russian Federation in the Republic of India.