Russia expands coal mining and energy initiatives in India

04 Oct 2024 CW Team

Russia is actively pursuing opportunities in coal mining and new energy projects in India, according to Alexander Novak, Deputy Prime Minister of the Russian Federation. He highlighted the potential for collaboration in the coal sector, particularly amidst a global shortage of high-quality metallurgical coal. Russian coal companies are keen to enhance their footprint in the burgeoning Indian market.

Speaking at the Russian Energy Week (REW) International Forum, Novak emphasized three key trends in the global energy landscape: rising energy demand, technological advancements, and shifts in geopolitics. The theme of this year's REW is ""Energy Cooperation in a Multipolar World.""

Novak expressed Russia's openness to discussing various energy projects with India, covering areas such as mining, processing, marketing, and power generation. While negotiations are ongoing, he noted that specific project details will be disclosed as agreements are reached.

India remains a vital partner for Russia in the energy sector, with Russia being the top oil supplier to India this year. The REW forum attracted over 5,300 participants from 81 countries, including significant delegations from China, Venezuela, Iran, the UAE, and South Africa. Notable Russian companies active in India include Uralmash, Gazprom, Rosatom, Silovye Mashiny, and BrahMos Aerospace.

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..