Bilateral Trade and Investment : India-Russia [PART III]

KNOWLEDGE IS POWER for LONG TERM INVESTMENT  AS A KEY !

 Investment drives the economy of a country by en-fueling various monetary resources to its development and growth. It leads to prosperity, diverse social,economical and cultural exposure to lead on path of international standardization.

Bilateral lateral Investment by Russia has very dynamic and optimistic attitude towards private sector participation. Also Russia is very good destination for high-end software development and energy investment to offer the benefits of low-cost infrastructure and high literacy rates. On other hand India, offers huge opportunities in infrastructure, metallurgy , real estate etc.

Up-till Now, Indian interest in Russia limited to defense, nuclear and heavy industry which needs to broaden by sense of Branding the commodity both sides.

RUSSIAN INVESTMENTS IN INDIA

• Transstroi engineering company and Tsentrdorstroi construction Co. involved in high quality roads in india
• Atomstroieksport, The Russian nuclear export monopoly, build two 1000 Megawatts unit at Koodankulam nuclear power plant,TN.
• Elektrostal Heavy Engineering Plant and Tyazhpromesksport are involved in various programs for India’s metallurgical industry
• Stroitransgaz has completed the construction of two section of East-West gas pipeline.
• In 2012, India invited Russia to participate in infra development projects, like DMIC.

INDIAN INVESTMENT IN RUSSIA

• ONGC  Videsh Ltd. acquired a 20% share in Sakhalin 1 oil and gas project
• TATA Motors launched a project to assemble its light-duty trucks at Russia’s Ural automobile and Motor Plant (AMUR) and assembling buses at Volzhanin and Samotlor plants
• ICICI bank opened a subsidiary,ICICI Bank Eurasia in Russia
• SUN group’s investment in Russia’s Mining,Food and real-estate industries
• Coal India is involved in exploring coal deposits
• India’s GMR infrastructure ltd is participating for reconstruction and maintenance of St. Petersburg’s Pulkovo Airport
• RIL (Reliance Industries Ltd ) entered into agreement with Tatarstan in partnering in petrochemicals and crude refining businesses
• GAIL (India) Ltd has signed a MoU with ITERA Oil & Gas Company of Russia for participation in CNG projects and Gas based petrochemicals 

All above shows the Potential way ahead in various areas of ICT, Automotives, Oil &Gas, Nuclear Energy,Pharmaceuticals,Chemicals, Higher Education, Advance Technology-BioTech-Nanotech-Enviorment, heavy engineering, Diamond industry.

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