The Director of St Petersburg International Economic Forum, Alexey Valkov on Thursday has appreciated Prime Minister Narendra Modi’s initiative of “Make In India” saying that Russia and India should cooperate more closely.
Director Valkov said that, “During the 2017, when Prime Minister Narendra Modi was the chief guest of St Petersburg International Forum, we got the exposition of Make in India and we were glad to and huge delegation of Indian companies. I see it is a great that India have such an initiative and we should also cooperate more closely.”
It is to be mentioned that the director of St Petersburg Forum added that he sees a very bright future in trade between India and Russia as in the present year, a huge amount of business took place between both nations.
Valkov claimed that economic sanctions and other restrictions against Russia has had no impact on this nation, saying that, “We have seen European and American companies stopping doing business with Russia. Now, there is a chance for Indian companies to do business here, across sectors, and cooperate with Russia. We are strong, our currency is strong ad there are opportunities manifold.”
While highlighting the growing ties between India and Russia as warm, he added that his nation has grown as a great partner of India.
Valkov made the comments in address to the Russia-India Business Forum in the national capital on Thursday.
This forum aims to unite business leaders, entrepreneurs, government officials, and media representatives from Russia and India to explore opportunities for technological alliances in IT, cybersecurity, industry and manufacturing, smart cities, transport and logistics, and healthcare sectors.
This event will also serve as a platform for Russian companies to enter new markets in India and pave the way for Indian companies to do business with Russia.