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India, Russia talks on ways to boost bilateral trade

The Dollar Business Bureau Nirmala Sitharaman, Indian Minister for Commerce and Industry, met Denis Manturov, Russian Minister of Trade and Industry, to discuss ways to boost bilateral trade relations between the two countries in several sectors, including the high-end engineering sector. “There is a strong potential for growth in India-Russia bilateral trade. Be it high-end engineering, or manufacturing, India is moving towards being synonymous to quality, reliability and durability,” Sitharaman said. Sitharaman, in a meeting with Russian Minister, discussed several specifics to further boost industrial and trading relations, according to a statement. The Indian Commerce Minister is heading a delegation of businesses to Russia. The businesses are taking part in the INNOPROM 2016 – an international industrial trade fair held every year. “We feel proud to be ...

Modis Russia visit expands scope of bilateral ties

The Dollar Business Bureau With its decision to build 12 nuclear reactor plants in India, Russia - one of the largest nuclear powers in the world - is poised to be India’s biggest partner in its indigenous nuclear programme   India sees Russia as a significant partner in its economic transformation, Prime Minister Narendra Modi said in Moscow on December 24, as the two time-tested partners signed 16 bilateral agreements in areas ranging from nuclear energy and defence to hydrocarbon, trade and investments. “I see Russia as a significant partner in India’s economic transformation and in shaping a balanced, stable, inclusive, and a multi-polar world,” Modi said. As part of the pacts, Russia has agreed to jointly manufacture 226 military helicopters ...