Russia’s First Deputy Prime Minister Denis Manturov will soon embark on a working visit to India with a strategic agenda aimed at enhancing economic cooperation between the two nations. The visit, scheduled for mid-November, underscores the commitment to bolstering bilateral trade and expanding collaborative opportunities in key sectors.
On November 11, Manturov will be the keynote participant at the plenary session of the Russian-Indian Business Forum in Mumbai, as per a statement by the Russian Embassy. This forum will focus on expanding economic relations between Russian and Indian entrepreneurs, seeking to bridge new pathways for investment and collaboration. Organized jointly by the Business Council for Cooperation with India and the Federation of Indian Chambers of Commerce and Industry (FICCI), the forum will spotlight significant industry themes, from digital transformation and logistics to finance and interregional business connections.
“The Russian-Indian Business Forum in Mumbai provides a unique platform for fostering partnerships and exploring mutually beneficial ventures in sectors that are vital to both economies,” the statement noted, highlighting the aim of reinforcing inter-country ties through thematic sessions. The event will serve as a conduit for business leaders from both sides to discuss prospective ventures in industrial cooperation, transport, digital technologies, and interregional links. These sessions are expected to delve into recent developments, address existing challenges, and uncover new areas of synergy that may boost growth in both economies.
Following his engagement in Mumbai, Manturov will travel to New Delhi, where he and India’s External Affairs Minister S. Jaishankar will co-chair the 25th Session of the Intergovernmental Russian-Indian Commission on Trade, Economic, Scientific, Technical, and Cultural Cooperation on November 12. This intergovernmental commission session represents an important avenue for both countries to assess ongoing partnerships, review prior agreements, and establish fresh directives for economic and cultural collaboration.
The Russian Embassy statement also indicated that Manturov’s itinerary includes a series of bilateral meetings with key Indian officials, reinforcing the potential for greater intergovernmental cooperation. The meetings are expected to build upon established relations while exploring new avenues for joint ventures and partnerships in a wide array of sectors.
Economic relations between Russia and India have witnessed steady growth, especially in recent years. Both countries have consistently prioritized enhancing ties in trade, technology, and energy resources. The upcoming meetings reflect the robust intent of the two governments to address the evolving economic landscape and embrace opportunities that could benefit both parties.
The Russian-Indian Business Forum is set to further fortify these economic connections, providing a substantial platform for Indian and Russian entrepreneurs to discuss investment opportunities and network. With economic themes such as industrial collaboration, digital innovation, and logistics, the forum seeks to not only deepen ties but also drive progress in shared fields of interest.
The November 12 intergovernmental commission session will likely mark another key step in fostering a diversified economic relationship that aligns with both nations’ strategic priorities. The upcoming meetings and thematic sessions reinforce the long-term commitment of both Russia and India to grow as economic partners, with each side contributing to the other’s broader goals for industrial development, technological advancement, and interregional cooperation.
Through events such as these, Russia and India demonstrate a shared vision for a stronger, more interconnected economic future. This mutual commitment to strengthening ties extends beyond business, involving cultural and scientific exchange, which both countries regard as essential for long-term partnership and stability.
With discussions on economic, scientific, and cultural cooperation on the horizon, this high-level visit by Russia’s First Deputy PM Denis Manturov marks a significant chapter in India-Russia relations. The outcomes of this engagement could potentially lead to new opportunities for both nations, shaping a cooperative framework for economic growth.
