New Delhi : Moscow and New Delhi have reaffirmed their strong commitment to expanding bilateral investment cooperation and joint economic projects, marking a new phase in India–Russia economic relations.
According to Russian officials, during the 9th meeting of the Working Group on ‘Priority Investment Projects’, both sides reached an agreement on 30 new investment schemes, aimed at strengthening long-term economic collaboration between the two countries.
The meeting also highlighted significant growth in mutual investments, with Russian direct investment in India reportedly doubling, while Indian investment in Russia has increased by 57 percent.
A key protocol document reflecting these outcomes was signed by Russia’s Deputy Minister of Economic Development, Vladimir Ilyich Ilichev, and Amar Deep Singh Bhatia, Secretary in India’s Department for Promotion of Industry and Internal Trade.
The developments underline the growing depth of India–Russia economic engagement and a shared commitment to expanding strategic investment partnerships.