Economic ties between Russian and Indian regions to grow - Denis Manturov

Russian Industry and Trade Minister Denis Manturov.

Russian Industry and Trade Minister Denis Manturov.

Ria Novosti/Evgeny Biyatov
Russia is keen to invest in the Delhi-Mumbai Industrial Corridor

The Russian Ministry of Industry looks forward to the strengthening of economic ties between Russian regions and Indian states, Minister Denis Manturov said at the INNOPROM industrial exhibition in Yekaterinburg on July 11.

“Reinforcement of direct cooperation between regions of our countries is one of promising yet largely unused areas of mutual investments,” Manturov said. “India is developing a global trade and operations zone - New Delhi - Mumbai transport corridor. (Delhi-Mumbai Industrial Corridor)”

Russia is creating technology parks to facilitate industrial development in Russia, he added.

“I believe we can and should correlate these processes and develop regional ties for purposes of diversification of our bilateral relations,” Manturov said. “Wide opportunities for more efficient establishment of solid relations among small and medium businesses are available exactly at the regional level.”

Source: Tass.com

Read more: China withholds Mongolia hydropower loan over Russian concerns – report

Subscribe to RBTH's Asia-related content

* indicates required

 

All rights reserved by Rossiyskaya Gazeta.

More exciting stories and videos on Russia Beyond's Facebook page
Read more

This website uses cookies. Click here to find out more.

Accept cookies