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The government today said a dedicated cell would be set up within 'Invest India' to attract Russian investment in the country.
Addressing the 'India-Russia Business Dialogue' Industry Secretary Ramesh Abhishek said the cell would provide hand- holding services to Russian companies who wish to enter India.
Abhishek said there are investment opportunities for Russian companies in sectors such as manufacturing, including defence, shipbuilding, infrastructure development and smart cities.
"A dedicated cell would be set up within Invest India to promote Russian investment in India," Abhishek said.
Invest India is the official investment promotion and facilitation agency set up by the Department of Industrial Policy and Promotion (DIPP). It is mandated to facilitate investments into India and acts as the first point of reference for potential investors.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)