Novosibirsk companies discussed cooperation with the Republic of India
On February 16, within the framework of cooperation between the Investment Promotion Agency of the Novosibirsk Region and the trade missions of Russia in foreign countries with the information support of the Novosibirsk City Chamber of Commerce and Industry was held a webinar “Hour with the Trade Representative” dedicated to the development of trade and economic cooperation between the Novosibirsk Region and the Republic of India.
The event was attended by the Russian Trade Representative in the Republic of India Alexander Rybas, deputy minister for Economic Development of the Novosibirsk region Anna Pavlova, General Director of the Investment Promotion Agency of the Novosibirsk Region Alexander Zyryanov, Deputy Director of the Investment Promotion Agency of the Novosibirsk Region Vasiliy Plotnikov.
From the Russian side the following companies joined the webinar: Katalizator JSC , Ecomer LLC, Promanalytpribor JSC, Promavtomatika LLC, Epos-Engineering LLC, Vector Technology Development Center LLC, Tamkon LLC, Optiplane LLC, Imbian Lab LLC, NEVZ-CERAMICS, JSC and other.
The Russian Trade Representative in the Republic of India Alexander Rybas welcomed the participants of the webinar and told about structure, specific and advantages of market of India, about economic fields, which are payed attention by the Indian Government. Alexander Rybas told that the trade turnover with India had grown to $11.2 billion in 2019, but it had decreased to $9.3 billion in 2020 because of Covid-19. Mr. Rybas expressed confidence in an increase in trade turnover between Russia and India in the future.
Anna Pavlova told about the external relations of the Novosibirsk region with India, participation of Indian delegation in International Forum of Technological Development “Technoprom-2019”, which took place in Novosibirsk. She noted that India ranks 10th in the economy of the Novosibirsk region; six companies with Indian capital operate in the region.
Alexander Zyryanov emphasized that Russia and India have been friendly relations for a long time. Over the past four years, the trade turnover between the Novosibirsk region and India amounted to 430 million dollars, which indicates the prospects for continued development of trade and economic relations.
At the end of the webinar, the entrepreneurs of the Novosibirsk region received answers from the Trade Representative of the Russian Federation in the Republic of India on topical issues of economic activities, as well as useful links and contacts.