By Dipanjan Roy Chaudhury, ET Bureau | Updated: Mar 20, 2017, 08.45 AM IST
NEW
DELHI: Russia will not only welcome Indian talent but will also help to have
comfortable stay in their country, which will be a win-win for both the
countries, Russian Minister of Trade and Industry Denis Manturov told ET amid
proposed visa changes in the USA that might impact movement of professionals
there in the future.
We
welcome Indian brains to Russia. We are open to high-skilled Indian workforce
in Russia and help them settle down in our country. Indians and Russians have
the best mathematicians in the world -- both have high-skilled workforce. The
government of Russia will work towards this idea of welcoming Indian
brains," Manturov told ET in an exclusive interview in Delhi last Friday.
The
Russian minister, on his second visit to India in less than six months, is here
as part of the celebrations on the occasion of 70 years of bilateral economic
ties, and he will also create the ground for PM Narendra Modi's visit to St
Petersburg for the International Economic Forum between June 1 and 3. Modi is
the guest of honour at the Forum or SPIEF (St Petersburg International Economic
Forum) with India as the guest country for the Forum, often described as the
Davos of Eurasia.
Pointing
out that SPIEF would be a perfect match making opportunity for the Indian
corporate sector, Manturov said the PM's presence will add heft to the
privileged and special Indo-Russian strategic partnership.
"We
are currently in the process of giving final shape and fine tuning the agenda
for SPIEF. The Forum held at an important year of bilateral ties will give a
good opportunity for the businesses and corporate sectors." Modi and
Russian President Vladimir Putin will jointly address SPIEF that will include
over 5000 business honchos, including some even from the West.
The
minister listed heavy engineering, metallurgy, agriculture and farming as areas
where India and Russia could work together to produce results besides the
traditional areas. "I was in Chennai to attend an engineering meet where
Russia was a partner country. The two sides are also looking to cooperate at
the small and medium scale industries. We are exploring joint ventures in the
SME sector. Besides the two sides can cooperate in certain areas of
microbiology and pharmaceutical products.
When
asked about Russian participation across industrial sectors under the Make in
India initiative of the Modi government, Manturov said, "Such projects
have to be economically viable. We expect that Russian industrial firms will
have the advantage. I was on a business mission to Andhra Pradesh, Rajasthan,
Maharashtra and Goa last October. The challenge is to increase bilateral trade
to $30 bn from the current $7 bn by 2025."
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