Key Points

Kazan is hosting a major business forum to strengthen Russia-India cooperation across multiple sectors. The event builds on recent momentum including Kazan's hosting of the BRICS Summit with Prime Minister Modi. Over 50 high-level guests will discuss opportunities in everything from pharmaceuticals to digital technologies. The forum also features cultural exchanges like an Indian film festival and cricket matches between student teams.

Key Points: Kazan Hosts Russia India Business Forum to Strengthen Ties

  • Forum covers 12 sectors including oil chemistry, IT and pharmaceuticals
  • Indian companies show growing interest in Russian agro-industrial sector
  • Event follows Kazan's hosting of BRICS Summit with PM Modi
  • Cultural program includes Indian film festival and cricket match
  • Over 50 honorary guests including ambassadors and ministers attending
  • Indian Business Alliance facilitates concrete business linkages between nations
3 min read

Kazan to host business forum 'TIME: Russia - India. Mutual Efficiency' to strengthen bilateral ties

Tatarstan's Rustam Minnikhanov opens new chapter in Russia-India cooperation with business forum featuring 12 sectors from IT to pharmaceuticals

"All this creates a foundation for expanding cooperation in industry, high-tech sectors, innovation, tourism, and humanitarian initiatives - Rustam Minnikhanov"

Kazan, October 7

The Rais (Head) of Tatarstan, a constituent entity of the Russian Federation, Rustam Minnikhanov, believes that the business forum, which will be held on October 8-9, opens a new chapter in the history of cooperation between the republic and India, TV BRICS reported.

According to him, the event is of particular importance, as Kazan hosted the BRICS Summit in 2024, with the participation of Prime Minister Narendra Modi.

"In Kazan, the opening of the Consulate General of India is planned, our universities are actively cooperating, and there is growing interest in joint educational and scientific programmes [...] All this creates a foundation for expanding cooperation in industry, high-tech sectors, innovation, tourism, and humanitarian initiatives," Minnikhanov added.

The event will be held with the support of the Government of Tatarstan and the Embassy of India in Russia, with the TV BRICS International Media Network as its international media partner.

More than 50 honorary guests have confirmed their participation. The Russian side will be represented, in addition to the head of the Republic of Tatarstan, by Sergey Cheremin, Minister of the Moscow Government, and Taliya Minullina, Head of the Investment Development Agency of Tatarstan. The Indian delegation will be headed by the Ambassador of India to Russia, Vinay Kumar.

The programme of the forum encompasses 12 thematic areas, ranging from oil and gas chemistry to IT and pharmaceuticals. As Russian Minister of Foreign Affairs Sergey Lavrov noted, "the full diversity of Russian-Indian cooperation is reflected in the rich programme of the forum," according to TV BRICS.

Panel discussions and round tables on the development of industry and digital technologies, agriculture, education, and science will be held simultaneously in five halls. Particular attention will be paid to issues of investment, finance, and entry into new markets. The forum will also include the signing of agreements on joint project implementation and the launch of new business initiatives.

In an exclusive comment to TV BRICS, President of the Indian Business Alliance (IBA) Sammy Kotwani spoke about the most promising areas for cooperation with Russia. He highlighted pharmaceuticals and healthcare, as the Russian authorities are seeking to localise the production of pharmaceutical components.

There is also a growing interest among Indian companies in the agro-industrial sector. As the expert explained, India possesses advanced technologies for processing agricultural raw materials, which can complement Russia's resource potential to create high-value-added products.

"The Indian Business Alliance (IBA) serves as a bridge between entrepreneurs and policymakers, ensuring that business voices are heard within the broader strategic dialogue of BRICS. Our role is twofold: first, to facilitate concrete business linkages - organising trade fairs, B2B meetings, and sector-specific delegations [...] Second, to provide thought leadership by articulating how India-Russia cooperation can set an example within BRICS for sustainable, inclusive, and innovation-driven partnerships," he stressed.

The cultural programme promises to be equally engaging - guests will enjoy an Indian film festival, an introduction to national cuisine, and a friendly cricket match between student teams from Russia and India.

- ANI

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Reader Comments

R
Rohit P
As someone working in the pharmaceutical sector, I'm particularly excited about the localization opportunities. India has world-class pharma manufacturing capabilities that can really help Russia diversify its supply chains. Hope this leads to concrete agreements.
S
Sarah B
While I appreciate the diplomatic efforts, I hope there's proper transparency in these agreements. Sometimes these forums generate lots of announcements but the actual implementation takes years. Let's hope for timely execution of the projects discussed.
A
Aditya G
The educational cooperation mentioned is crucial! Indian students have been going to Russia for decades, especially for medical education. Expanding this to IT and engineering fields could be a game-changer for our youth. More scholarships please!
K
Karthik V
Russia has been a reliable partner for India for generations. This forum shows our relationship is evolving beyond defense to include technology and business. The 12 thematic areas cover exactly where India needs international partnerships. Good strategic thinking!
M
Meera T
The agricultural technology partnership sounds promising. India has made great strides in food processing and we can definitely share our expertise while benefiting from Russia's vast agricultural resources. Win-win situation for food security of both nations.

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