Business

India-Russia trade body endorses new framework to 15 projects

PNS

India-Russia Trade and Investment Forum has selected 15 high value, high tech projects for special attention in its seventh edition at St. Petersburg. “Indo-Russian Economic & Investment Cooperation Under which a total of 15 high value, high tech projects have been selected for special attention for ministerial supervision,” a Commerce Ministry statement stated here.

Some of these projects include the establishment of India-Russian Joint venture with Hindustan Aeronautics ltd as joint centre of development the helicopters, joint project of Ranbaxy laboratories limited  and Government of Yaroslavl region, production of Nitrogen Tetra Oxide for Space programme, cooperation between MMTC and AlROSA for long term supply of rough diamonds.