Russian Export Center to hold large-scale business mission in India

The Russian Export Center (REC) will organise a large-scale business mission featuring Russian companies in India from October 4 to 5.

The mission is timed to coincide with the visit of Russian President Vladimir Putin and the Russia-India Business Summit.

The business mission of Russian companies in India will take place as a part of the summit that aims at continued reinforcing bilateral relations within the business community and between both nations' regions, discussing problems of interaction between business community players and developing roadmaps for further cooperation between Russian and Indian companies.

The mission will also help grow cooperation in a broad range of areas that businesses of both countries are interested in and grow partnership relations with major Indian organisations responsible for stimulating trade and attracting investments into the Indian economy.

The business mission is slated to commence from October 4. The event is expected to be attended by Denis Manturov, Minister of Industry and Trade of Russia, Andrey Slepnev, General Director of REC, representatives of the All-Russia Public Organisation "Business Russia", REC, Federation of Indian Chambers of Industry and Commerce (FICCI), Business Council for Cooperation with India, representatives of the Russian Embassy and Trade Representation of Russia in the Republic of India, Confederation of Indian Industry, Indian Association of Tour Operators.

After the official opening ceremony of the business mission, the panel discussion "Business in India: Opportunities and Prospects for Trade and Economic Relations" will take place that will see the participants discuss such issues like: government regulation of external economic and investment activity in India, specifics of customs procedures regulating import, monetary and financial regulation of import operations in India and special economic zones, logistics routes and itineraries between Russia and India; measures to protect intellectual property rights.

In addition to the panel discussion, participants of the business mission will be welcomed at thematic and sectoral roundtables, B2B meetings of Russian companies with potential contractors and representatives of associations and government authorities of India.

The "Exchange of Knowledge in Tourism between Russia and India" roundtable will discuss top priority tourist routes from India to Russia and ways to increase mutual tourist flow between the two countries, preferred destinations and criteria for selecting target regions. Also, presentations of some Russian regions will take place on: Crimea, Baikal, Volga region, and the Golden Ring.

At the "Entering the Indian Market. Practical Cases and Success Stories" roundtable, representatives of "Sberbank India", "Technonicol", and "Automatica C" will share their experiences of entering the Indian market and talk about business specifics in the country.

During the business mission, a pitch session will be held with Russian and Indian businesses, where the Russian side will present its companies and products.