Our center has built long-lasting and trustworthy relations with representatives of all the below-mentioned industries and more.

India is interested in actively supplying its products to Russia. Firstly, because it sees Russia as a strategic partner, and secondly, because, in principle, it needs to correct its own negative balance in international trade, which negatively affects the value of the rupee and its role in the global economy.

Source: vedomosti.ru

The official, who requested anonymity, said Moscow has provided financial support to Indian companies looking to set up factories in Russia and is seeking to increase India's drug exports to meet domestic demand. Last week, an Indian delegation led by Pharmexcil director Uday Bhaskar attended the St. Petersburg Economic Forum to explore cooperation in the pharmaceutical sector and discussed drug safety and the role of small and medium-sized enterprises.

"The Russian Direct Investment Fund (RDIF) is ready to provide funding to Indian companies that want to work with local companies and engage in research and development. In the latest case, Cadila Pharma has signed a contract with RFID and is working to set up a local manufacturing base in Russia. Nearly 20 Indian companies have had some form of contact with Russian companies, and half of the small and medium-sized enterprises have reached an advanced stage of negotiations," the official added.

Source: livemint.com

Russian language module begins at Grads International School Greater Noida under the guidance of DRISP’s founder Mr. Prasun Prakash. The program is aimed at enhancing the knowledge of Russian culture, history and language through interactive lessons with Mrs. Elena Maryina. Principal of GIS Gr.Noida inaugurated the module with a vibrant cultural event that introduced Russian viewers to Indian customs and traditions.

On the 28^th of March 2024 a new avenue opened in the context of the special privileged strategic partnership enjoyed by India and Russia through the cumulative efforts of the economic and commercial wing of the Indian Embassy in Moscow, Association of Indian Medical Device Industry and the Center for the development of Russia-India strategic partnership – DRISP. A webinar dedicated to the guidelines concerning the registration of Indian medical devices in Russia titled “Registration procedure for medical devices in Russia” given by leading experts from the field marked the first constructive step towards the realization of mutually beneficial cooperation for both countries in a significant domain of the healthcare segment which is medical devices, equipment and related technologies.

The online event was attended by more than 70 Indian manufacturers and exporters alongside some of the key Russian investors. Main subject matter of the webinar was covered by representatives of a key Russian medical consultancy “Medical Innovations” Ekaterina Viktorinova and Elizaveta Dyakova. An insightful overview of the Indian medical devices market titled “The India Incentive” was also presented by “Invest India’s” Ashish Rangra that catered to the Russian entrepreneurs.

The primary speakers were Mr. Ved Prakash Singh – 1^st Secretary economic and commercial wing of the Indian Embassy in Moscow, Russia, Mr. Rajiv Nath – forum coordinator AiMed and managing director of Hindustan syringes and medical devices ltd., Mr. Rohit Neema – 2^nd Secretary of the economic and commercial wing at the Indian Embassy in Moscow, Mr. Prasun Prakash – founder of the center for the development of Russia-India strategic partnership DRISP and Mr. Denis Stepanov – general director of the 11^th largest medical devices distributor from Russia “Spine Medics”. The chief guest of the event was Mr. Sergey Kruchinin – doctor, investor and entrepreneur. Each of them highlighted the significance of the webinar which was in many respects first of its kind.

The economic and commercial wing of the Indian Embassy in Moscow inaugurated the webinar by welcoming the participants and instilling confidence in the speakers with reference to the development of cooperation in the medical devices sector by touching on the existing stable requirement for medical devices in the Russian market. In their opening remarks they also mentioned that both countries have worked together constructively in many fields and medical devices sector could potentially repeat the same success story as the overall trade volumes between India and Russia grow.

Mr. Rajiv Nath’s presentation of a comprehensive analytical document titled “Medical Devices – the next big thing after IT and Pharma?” showcased the latest trends and the year-on-year growth in exports. He also introduced the audience to the domestic champions from various segments who have achieved great heights under the guidance of policies enacted by the Indian government.

Mr. Prasun Prakash alongside moderating the discussion pointed out the right timing for the exchange of technology, critical data, knowledge base, human resource and expertise in the sector considering the latest geopolitical trends and the growing interest inside Russia towards establishing strategic partnerships with Indian manufacturers. He also framed the communication model for the purposes of facilitation in Indian Manufacturers registration queries wherein AiMed relays them to DRISP as and when the need arises.

Mr. Denis Stepanov stressed on the factors like competition inside the Russian medical devices market as crucial for guiding the efforts at manufacturing more high-tech medical equipment and projected confidence that Indian manufacturers could pursue such an important goal given the potential that he personally had seen substantial progress in his visits to India.

Mr. Sergey Kruchinin extended his gratitude to all the participants and shared his unwavering belief that the continued efforts and communication from both sides has the potential to transform the medical devices sector in both the countries.

At the end a Q & A session was conducted that proved crucial in shining the light on matters that could boost the existing registration procedures and aid in avoiding unnecessary bottlenecks.

As we write the press release several high-profile Russian officials, entrepreneurs and industry specific associations have lauded the efforts of the Indian leadership at nurturing the growth of local industries and enhancing self-reliance within the framework of the monumental “Make in India” program. A record high 59-billion-dollar mark in mutual trade between the countries has been reached long before expected dates (source: RIA Novosti) within the course of 11 months in 2023 and the trajectory according to experts from both the sides continues to look upwards. Medicines and pharma intermediaries have constituted a major part of India’s exports but with a discussion platform taking birth in front of our eyes through the partnership between AiMed and DRISP under the guidance of the Indian Embassy in Moscow, medical devices could truly be the next big story for India’s growth.

Journalists could contact DRISP’s Prasun Prakash for any further details through the following email: info@drispcenter.com

Working with India in any form is a quest. Despite the attractiveness of the direction, there are a number of nuances that confuse the pioneers. Special economic zones operate here, and there are their own bureaucratic specifics. All this complicates the process of creating joint ventures.

Government programs such as Make in India simplify trade interaction with India. Exports to India are interesting, but it is worth thinking about imports. Especially in terms of analogues of goods from Western manufacturers.

Source: rb.ru

India and Russia should take serious measures to establish, expand and diversify economic cooperation in a short time. This opinion was expressed by Fyodor Lukyanov, Director of Research at the Valdai Club Development Assistance Fund, on the sidelines of a joint meeting with the Vivekananda Foundation.

According to the expert, the current relations between the two countries are characterized mainly by the foundations laid in the past, and new initiatives are moving too slowly.

Lukyanov explained that in this context we are talking about projects that go beyond raw materials and other traditional areas of cooperation. According to Lukyanov, this indicates that the Indian side is also ready to overcome possible difficulties associated with "Western" pressure on this issue.

Prasun Prakash, founder of the DRISP Center for the Promotion of Strategic Partnership between Russia and India, recommends that companies study certification issues in detail.

The National standardization body of India is the Bureau of Standards of India (BIS). The BIS certification scheme is mostly voluntary. However, there are more than 100 trade names that are subject to mandatory certification before being imported to India.

Source: logirus.ru

India increased imports from Russia by 60% to $36.3 billion. This is reported by the PTI news agency with reference to data from the Ministry of Commerce of India.

Over the same period last year, imports from Russia amounted to $22.1 billion due to increased purchases of Russian fertilizers and oil.

Thus, Russia has risen to the second place in the list of the largest importers of India.

Source: rg.ru

During the meetings held in India by the founders of the DRISP center Prasun and Pranav Prakash from October 4-14, new opportunities were opened for the development of trade cooperation between Russia and India.

During the delegation's stay in India, agreements were signed with Indian partners in the following sectors: education, healthcare, human resource, tourism, etc.

His unique inspiration and desire for peace, nonviolence and justice have left an indelible mark on the history of mankind.

Gandhi was a key figure in the struggle of the Indian people for liberation from British colonial rule. His method of nonviolence and civil disobedience became fundamental to this movement.

His philosophy has inspired many other leaders and movements around the world.

Let us always remember his words and example, and strive for a better world where justice and harmony reign.

In the very center of Moscow, on the Kashirsky Bridge, there is a bronze statue of him. This monument was erected in Moscow in 1987 and serves as a reminder of the importance of his ideals of peace and nonviolence. The statue of Mahatma Gandhi has become a symbol of friendship between Russia and India.

On the 9th of September 2023 the Russia-India specially privileged strategic partnership entered a new phase with coming into power of a cooperation agreement between the center for the development of Russia-India strategic partnership DRISP headquartered in Moscow and Asian News Channel based in India. Both countries have been actively engaging in sectors like energy, military, and healthcare especially pharma. This one-of-a-kind agreement opens a new developmental vector in an area previously left unexplored in the context of Russia-India partnership. This is what the heads of both the organizations had to say on their social platforms:

“In today’s world managing international media relations is an art that could increase the economic, geopolitical, and cultural weight of a country through perception formation. I believe that this historic agreement will usher in unprecedented cooperation that will expand the boundaries of the specially privileged strategic partnership enjoyed by both countries” – said Mr. Prasun Prakash, the director of DRISP.

“This agreement will be a milestone instrumental in cementing the development of media, business, and cultural relations between both countries. The collaboration is based on collective commitment to go beyond common boundaries to build bridges between diverse faiths and peoples by connecting India & Russia together through the universal language of media, business, and cultural relations. The Memorandum of Understanding we signed is the beginning of what we believe to be a long relationship in which we will learn from each other through cooperative pursuits” – said Dr. Sanjeev Dev Malik director of ANC.

This agreement guarantees exchange of news updates, journalism practices, public relations expertise, and media delegations between both the countries. The document is seen as a first step towards signing of more such agreements preferably between the media channels of Russia and India. One of the immediate positive effects would be the increase in business interactions through the collective efforts of DRISP and Asian News Channel.

Russian Foreign Minister Sergei Lavrov said that he had received assurances from India that it would provide Russian exporters with opportunities to invest the balance of funds in the accounts in rupees.

"In Jakarta, when we were at the East Asian Summit, we talked with Subramanyam Jaishankar, discussed bilateral issues, including, yes, there is such a problem, in the current situation, a lot of billions of rupees have accumulated, which have not yet found their application," Lavrov said at a press conference in New Delhi.

Source: Interfax

Dear friends!

I am happy to congratulate you on the Independence Day of India! This day reminds us of the infinite strength and determination of our people, who fought for freedom and dignity. Let's celebrate this historic moment with pride and strive for prosperity, harmony and diversity in our beautiful country.

Today we remember the exploits of those who made our independence possible and pay tribute to them. May our society always remain united and overcome any difficulties on the way to development. May each of us contribute to the future of India, so that our heritage will be a pride for future generations.

With best wishes,
Prasun Prakash

In the first five months of 2023, the trade turnover between Russia and India increased 3.8 times, reaching a record high of $27.1 billion.

Imports of Russian goods by India increased 3.9 times to $26.5 billion, and exports of Russian goods to South Asian countries increased 2.6 times to $639 million.

Beijing ($41.1 billion) and Washington ($30.4 billion) remain New Delhi's largest trading partners.

The Russia-India business dialogue was attended by representatives of government agencies and heads of leading companies from both countries.

They discussed the difficulties currently facing trade and economic relations between Russia and India, as well as potential areas of cooperation.

Source: Big Asia

Russia and India are considering the possibility of creating a trans-Arctic container route and building a processing plant in the Arctic Sea Route (NSR), Russian Minister for the Development of the Far East and the Arctic Alexey Chechunkov said during a working visit to India.

According to the Ministry for the Development of the Far East, the use of the NSR for reliable and safe cargo transportation was the main topic of discussion at the meeting of the Russian delegation with the Minister of Ports, Shipping and Waterways of India Sarbananda Sonoval on Tuesday.

Source: Interfax

FESCO, one of the largest private transport and logistics companies in Russia, has announced the signing of an agreement with the Indian logistics group on the development of maritime transport between the two countries.

The corresponding agreement of intent was signed by the Chairman of the Board of Directors of FESCO Andrey Severilov and the Chairman of the Board of Saksham group Ashish Shet during the largest transport and logistics exhibition in Russia "TransRussia" in Moscow.

Source: Information agency AK&M

Russia has managed to remain the largest supplier of crude oil to India for the sixth month in a row, and imports have grown to a new record level of 1.64 million barrels daily. This is reported by the analytical company Vortex.

Source: RIA Novosti

Within the framework of the Smart Cities India 2023 international exhibition, 12 Russian companies presented their products under the Made in Russia brand. This was reported by the Russian Export Center (part of VEB.RF).

The report also says that the opening of the exhibition was attended by the trade representative of Russia in India Alexander Rybas, head of the representative office of the Russian Export Center in India Timur Vekilov and specialists of the trade representative office of Russia in India.

Source: RIA Novosti

Russia is preparing visa facilitation agreements with six countries, including India, Syria and Indonesia.

"In addition to India, draft intergovernmental agreements involving visa facilitation on a reciprocal basis are being worked out with Angola, Vietnam, Indonesia, Syria and the Philippines," said the Deputy Foreign Minister of Russian Federation.

Source: RBC

Russia will present materials dedicated to the letters and works of two great geniuses - Leo Tolstoy and Mahatma Gandhi, a colourful collection of photographs dedicated to our country, and children's books with illustrations by masters of Russian book art.

The focus of the Russian Fair program will be an extensive presentation of the Program to Support National Literatures of the countries of the Russian Federation, which was formulated on behalf of the President of the Russian Federation in 2016.

Source: rg.ru

India has increased imports of Russian goods and raw materials by almost 400%. According to the publication, the Russian Federation became the fourth supplier country for the republic in the first ten months of the current financial year after China, the UAE and the USA.

Source: Business FM

"Russia supports India's aspiration to become a permanent member of the UN Security Council. We consider India's current chairmanship in the G20 and the SCO as an opportunity to effectively promote the agenda of these important associations," the Russian Ambassador to India said. Denis Alipov in the framework of the dialogue of the Indian and Russian Councils on International Affairs.

Source: TV BRICS

Excerpt from the Interview: “I founded DRISP center in 2022 as interest in establishing trade routes with India was growing. Indian entrepreneurs have always advocated for increasing the trade turnover with Russia. Among my acquaintances in Russian cities since the beginning of 2021, I have noticed an increasing desire to build economic relations with specially privileged strategic partner India.

Representatives of such industries as healthcare, education, IT, logistics, energy and many others come to consult with us. Someone wants to open a representative office in India, someone is interested in finding a supplier of raw materials, and third in conducting analytical work on the local market. The focus of our work is one — increasing the volume of trade”.

Source: EurAsia Daily

Russian and Indian scientists, representatives of universities and relevant ministries took part in the 12th meeting of the Russian-Indian Scientific and Technical Working Group, held in an online format.

The participants of the working group discussed the implementation of the "Intersectoral roadmap of Russian-Indian cooperation in the field of science, technology and innovation", prepared following the results of the previous meeting.

Source: Ministry of science and higher education of Russian Federation 

Excerpt from the interview: “First of all, export-import positions are being diversified. For example, during a business meeting with the Prime Minister of India on the sidelines of the SCO heads of state summit, Russian President Vladimir Vladimirovich Putin noted an increase in trade turnover, including additional supplies of Russian fertilizers to the Indian market. They have increased more than eight times.

Our Center has expertise in working with state committees for the development of agriculture and can confirm India's growing need not only for Russian fertilizers, but also agricultural equipment.

Source: Big Asia

Russian President Vladimir Putin has signed a law on ratification of an intergovernmental agreement with India on measures to protect technologies related to cooperation in the field of space exploration and use for peaceful purposes.

The agreement was signed in Moscow and Bangalore on December 1, 2021. As stated in the accompanying documents, the persons who will be granted permits to export or import products and technologies in this area will develop plans for their protection.

Source: TASS

At the same time, it is much more difficult to find a local intermediary in certain sectors of the economy than to start working independently. "The specialist you need should at least have good English and a set of successful cases in your field" advises Prasun Prakash.

Remember: an expert who knows everything is a warning sign. Do not forget to make inquiries about him on social networks and visit the website of the intermediary company.

Source: sber.pro

India intends to cooperate with Russia within the framework of its G20 presidency, the representative of the Ministry of Foreign Affairs of India Arindam Bagchi said during a briefing.

Since December 1, India has assumed the presidency of the G20. India will preside over the Group of Twenty for one year - from December 1, 2022 to November 30, 2023.

Source: RIA Novosti

Sberbank has received permission to open a second branch in India. It is planned to open in 2023. Alexander Vedyakhin, First Deputy Chairman of the Sberbank Management Board, told reporters about this.

Since 2010, Sberbank's branch has been operating in New Delhi, the capital of India. As previously stated by the Deputy Chairman of the Board of Sberbank Anatoly Popov, in 2022 the volume of payments in national currencies from Russia to India through the bank showed an increase.

Source: TASS

Prasun Prakash, Director of the Center for the Development of Russia-India Strategic Partnership, presented the advantages of the Indian IT market to startups of the StartHub platform. More than 100 companies attended the event.

India is not just a country with a population of more than a billion people, but also the third largest startup ecosystem in the world. In addition to the well-known Bangalore, there are developed clusters in cities such as Delhi and Mumbai.

Russia and India will soon reach the goal of $30 billion in trade turnover. According to the latest data, this figure is about $ 17 billion, Russian Foreign Minister Sergei Lavrov said.

"We welcomed the positive dynamics of bilateral trade. By September, the trade turnover had increased by more than 130% compared to the same period last year, almost reaching the $17 billion mark. We are confident that the goal set by our leaders - to bring the trade turnover to 30 billion - will be achieved soon," he said at a press conference during talks with the Indian Foreign Minister.

Source: RIA Novosti

Russia has become the largest supplier of oil to India according to data for October. Russia has overtaken Saudi Arabia and Iraq. Such data is provided by the Economic Times with reference to the experts at the analytical company Vortexa.

Last month, Russia supplied 946 thousand barrels of oil to India daily, or 22% of all crude oil imports to India. As the head of the sector of the Energy Department of the Institute of Energy and Finance, Yuri Rykov, noted in an interview with Sputnik radio - “The Eastern direction is our priority.”

Source: Radio Sputnik

Russia and India have never had difficult issues, both sides have always supported each other, said Russian President Vladimir Vladimirovich Putin.

"We have a special relationship with India, built on the foundation of very close allied relations for many, many decades. I want to emphasise that we have never had difficult issues with India. We have always only supported each other," Putin said at the plenary session of the Valdai International Discussion Club.

Source: RIAMO

Indian automakers are interested in the Russian market. At the moment they are assessing the market situation, the president of the Indian Chamber of International Business told RIA Novosti.

"They are now studying the market. For example, Mahindra (Mahindra Group) - they are already present on the market in the region with tractors and other agricultural machinery, so they are already trading with Russia and neighbouring countries," he said on the sidelines of the Made in Russia export forum.

Source: RIA Novosti

Prasun Prakash, Director of DRISP had a productive meeting with the President of the ICIB (Indian Chamber of International Business) Mr. Manpreet Singh.

They discussed the possibilities of developing the specially privileged strategic partnership between Russia and India by increasing points for a mutually beneficial relationship in the field of trade.

The meeting was also attended by 13 delegates from India representing such sectors of the economy as education, IT and agriculture.

Turkmenistan noted that it is necessary to intensify the use of the transport corridor from Russia through Central Asia to the sea terminals in the Indian Ocean. This statement was made by the President of Turkmenistan Serdar Berdimuhamedov, during the Russia-Central Asia summit in Astana.

“Turkmenistan, as a country that provides the shortest route to the Persian Gulf, to the ports of Iran and from there to India, is ready to start implementing this project," he said.

Source: TASS

Deputy Minister of digital development and communications of the Russian Federation Bella Cherkesova expressed interest in developing cooperation with India in the telecommunications technology industry.

On the sidelines of the UN conference of the International Telecommunication Union, a meeting was held between Bella Cherkesova and her Indian counterpart Devusingh Chauhan. He spoke about India's success in expanding the presence of digital infrastructure.

Source: TV BRICS

Chairman of the Indian Council for Cultural Relations Vinay Sahasrabudhe acting under the Ministry of Foreign Affairs of India told TASS on Tuesday that it is necessary to study the possibility of concluding an agreement on mutual screening of films in cinemas.

He also stressed the importance of technology development in this industry. The example of the Institute of cinema and television in Maharashtra, Pune was highlighted as being pivotal in the context of sharing expertise with Russian counterparts in the field of movie production.

Source: TASS

The Pushkin State Museum of Fine Arts is negotiating joint exhibition projects with a number of countries, including India, Director Marina Loshak told RIA Novosti.

Loshak also noted that negotiations are currently underway with India to hold an exhibition of ancient Indian art. “We have received a positive response and are waiting for a specific list," she said.

Source: RIA Novosti

Speaking at the 77th session of the UN General Assembly on September 25, Russian Foreign Minister Sergei Lavrov said that the Security Council would become more democratic if it included countries from Africa, Asia and Latin America. He added that India and Brazil, in particular, are important international players and should count on permanent membership.

India and 31 other countries have previously stated that in order to make the Security Council more representative, legitimate and effective, it is necessary to expand the quotas of permanent and non-permanent members and reform its working methods.

Source: TV BRICS

The Foreign affairs Ministers of the BRICS countries highly appreciated the presence of India and Brazil in the UN Security Council for promoting the strengthening of the BRICS dialogue.

This is stated in a press release published Friday on the website of the Ministry of Foreign Affairs of India following the BRICS ministerial meeting within the framework of the 77th UN General Assembly.

Source: TASS

Russia's strategic cooperation with China, India and Brazil in the new international environment will continue and strengthen regardless of geopolitics. This was stated by the permanent representative of Russia to the UN Vasily Nebenzya in an interview with TASS.

"Our cooperation with countries such as China, India, Brazil and other closest partners is of a strategic nature. We have the same vision in matters of world order, peace and security, development," he stressed.

Source: TASS

Indian Prime Minister Narendra Modi at a meeting on Friday with Russian President Vladimir Putin during the sidelines of the Shanghai Cooperation Organisation summit said that relations between Moscow and New Delhi will improve and will be useful for the whole world.

"Our relations will improve and will be useful for the whole world," he said.

"We also know about deep friendship, including our personal friendly relations. I first met you in 2001, when I was the chief minister of Gujarat,” Modi recalled, addressing the Russian leader.

Source: tass.ru

Russian President Vladimir Putin will hold a meeting with Indian Prime Minister Narendra Modi at the SCO summit in Samarkand. This was announced by the assistant to the Russian leader Yuri Ushakov.

The meeting between Putin and Modi will also touch upon measures to expand the use of national currencies in settlements between India and Russia, Ushakov said. He noted that Moscow is increasing supplies of oil, coal and fertilisers to New Delhi.

Source: ura.news

The delegation of the Committee for Tourism Development of the city of St. Petersburg presented new opportunities and programs to the attention of Indians, telling about business, cultural, educational, family and wellness tours.

"This is a country with one of the fastest-growing economies in the world, with the growing prosperity of the middle class, whose representatives often go on vacation abroad. It is noteworthy that the sum of their average expenses for foreign trips has doubled over the past decade," the ministry said.

Source: Petersburg diaries

"Moscow welcomes India’s constructive contribution to the development of the Russian Arctic," said Nikolai Korchunov, chairman of the Committee of Senior Officials of the Arctic Council.

He also noted that bilateral cooperation in the development of infrastructure of Arctic shipping routes, shipbuilding, energy, science and environmental protection in the Arctic region is particularly promising.

Source: RIA Novosti

On Tuesday, September 6, a Russia-India business dialogue took place within the framework of the 7th Eastern Economic Forum, the BRICS TV news agency reports. The purpose of the business dialogue is to develop multilateral trade and investment relations between Russia and India.

The first speaker was Anatoly Bobrakov, Deputy Minister of the Russian Federation for the Development of the Far East and the Arctic. He stressed the privileged position of Russian-Indian relations.

Anurag Jain, Deputy Minister of Commerce and Industry of India, delivered his speech online during the course of the business dialogue. He reported a significant increase in trade turnover between Russia and India and named mutual goals in the field of trade.

Source: TV BRICS

The envoy told PTI that the delivery of Russian S-400 Triumf surface-to-air missile systems to India is proceeding "smoothly" and in accordance with plan, adding that both parties are keeping in "real-time" contact about important matters pertaining to cooperation in the defense sector.

Using other payment and logistics options, he said, "we were able to successfully reduce constraints generated by negative external causes and respond to new circumstances." Mr. Alipov responded, "It is proceeding nicely according to the schedule," when asked directly about the supply of the S-400 missile systems.

Source: The Hindu

India is ranked third worldwide in terms of pharmaceutical production. The largest companies from this industry have their presence in the country. No wonder many consider India the "pharmacy of the world". Recently there was an interview published on RIA Novosti with the head of the Ministry for the Development of the Russian Far East Alexey Chekunkov.

In his opinion, Indian pharmaceutical substances could replace imported medicines that have fallen out of other countries at production facilities in the Far Eastern Federal District of Russia. Moreover, a delegation from India will take part in the Eastern Economic Forum, which will be held from September 5 to 8.

Source: RIA Novosti

"India is doing everything possible to find new points of convergence with Russia in the light of it’s recent policy of turning East." said Purnima Anand, President of the BRICS International Forum, during her speech at the Technoprom conference in Novosibirsk. Mrs. Anand also heads the International Federation of Russian-Indian Youth Organizations.

She emphasised that India, first of all, is interested in developing cooperation with Russia in the field of bio-agro technologies. They also talked about the potential of Novosibirsk as a "gateway" to Russia for Indian partners, because it’s considered to be a crucial scientific, industrial and transport hub of Russia.

Source: RIA Novosti

During the welcoming address dedicated to the 75th anniversary of India’s independence and the establishment of diplomatic relations between the two countries, the Russian Foreign Minister positively assessed the development of the specially privileged strategic partnership with India.

The Russian Foreign Minister also noted that Russia values the centuries-old history of Indo-Russian friendship. According to Sergey Lavrov, both countries agree on maintaining the unique nature of their cooperation, despite fluctuations in the global conjuncture.

Source: RIA Novosti

Russia and India are on the way to recognise each other’s payment systems. We are talking about the MIR and RuPay. What does it signify?

It’s quite simple. Indian visitors who come to Russia for tourist, education and work purposes will be able to safely pay for goods and services with the aid of their cards. In turn, guests from Russia will be able to do the same in India.

An important step aimed at further enhancing the strategic partnership between the two countries. The Deccan Herald also reports that this issue was discussed during Ajit Doval’s visit to Russia during the time frame of 17−18 August. Mr. Doval is the national security adviser to the prime minister of India.

Source: RIA Novosti

DRISP employees in India visited the international "Mega Trade Fair" on August 20 in Delhi. The exhibition is held several times every year, bringing attention to both large and developing Indian manufacturers from the textile, handicrafts, agriculture, cosmetics, furniture and other industries.

Thousands of potential customers from India and other countries pour in to witness this important event for the Indian economy. Representatives of the center for the development of Russia-India strategic partnership outlined the official mechanisms for entry into the Russian market to the enthusiastic local entrepreneurs.

Ajit Doval the national security adviser to the Prime Minister of India was on a two-day visit to Moscow during which he met with the head of the Security Council of Russia Nikolai Patrushev and Deputy Prime Minister of Russia Denis Manturov. Issues related to military and economic cooperation were discussed.

It is noted in the media that during the negotiations with Manturov, the parties talked about the emerging trade opportunities, and with Mr. Patrushev, Doval touched on the subject of the supply of Russian weapons to India. Ajit Doval is considered to be the architect of a new, more active security concept for India in which Russia occupies the role of It`s most crucial, especially privileged strategic partner.

Source: Regnum