+
India, Russia Agree on 6 Strategic Projects at Investment Working Meet
ECONOMY & POLICY

India, Russia Agree on 6 Strategic Projects at Investment Working Meet

The 8th Session of the India-Russia Working Group on Priority Investment Projects (IRWG-PIP) was convened in New Delhi today under the aegis of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation. The session marked a pivotal step towards deepening bilateral investment cooperation.

Co-chaired by Shri Amardeep Singh Bhatia, Secretary, Department for Promotion of Industry and Internal Trade, and H.E. Mr Vladimir Ilichev, Deputy Minister of Economic Development of the Russian Federation, the meeting concluded with the signing of a protocol underscoring several high-impact collaborative projects.

Key Outcomes and New Projects The session saw the addition of six new strategic projects aimed at enhancing mutual investments across sectors of interest. These projects are expected to further bolster economic ties and provide a robust framework for long-term bilateral engagement. The Working Group also reviewed progress on outcomes of the 7th session and charted future action points.

Held in a spirit of constructive dialogue and shared vision, both nations reaffirmed their commitment to strengthening investment partnerships in areas including industry, logistics, technology, energy, and infrastructure.

India-Russia Investment Forum Draws Strong Participation Coinciding with the IRWG-PIP session, the 2nd Edition of the India-Russia Investment Forum was organised in collaboration with Invest India, the Indian Chamber of Commerce (ICC), and the Ministry of Economic Development of the Russian Federation.

The forum attracted over 80 participants, comprising leading Indian and Russian entrepreneurs, financial institutions, logistics companies, chambers of commerce, researchers, and government officials, reflecting the growing enthusiasm for cross-border collaborations.

With continued engagement at both government and industry levels, India and Russia are set to scale new heights in investment cooperation, further strengthening their strategic and economic partnership.

The 8th Session of the India-Russia Working Group on Priority Investment Projects (IRWG-PIP) was convened in New Delhi today under the aegis of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation. The session marked a pivotal step towards deepening bilateral investment cooperation. Co-chaired by Shri Amardeep Singh Bhatia, Secretary, Department for Promotion of Industry and Internal Trade, and H.E. Mr Vladimir Ilichev, Deputy Minister of Economic Development of the Russian Federation, the meeting concluded with the signing of a protocol underscoring several high-impact collaborative projects. Key Outcomes and New Projects The session saw the addition of six new strategic projects aimed at enhancing mutual investments across sectors of interest. These projects are expected to further bolster economic ties and provide a robust framework for long-term bilateral engagement. The Working Group also reviewed progress on outcomes of the 7th session and charted future action points. Held in a spirit of constructive dialogue and shared vision, both nations reaffirmed their commitment to strengthening investment partnerships in areas including industry, logistics, technology, energy, and infrastructure. India-Russia Investment Forum Draws Strong Participation Coinciding with the IRWG-PIP session, the 2nd Edition of the India-Russia Investment Forum was organised in collaboration with Invest India, the Indian Chamber of Commerce (ICC), and the Ministry of Economic Development of the Russian Federation. The forum attracted over 80 participants, comprising leading Indian and Russian entrepreneurs, financial institutions, logistics companies, chambers of commerce, researchers, and government officials, reflecting the growing enthusiasm for cross-border collaborations. With continued engagement at both government and industry levels, India and Russia are set to scale new heights in investment cooperation, further strengthening their strategic and economic partnership.

Next Story
Infrastructure Transport

KMRL Invites Bids For Metro Phase 2 Station Works

Kochi Metro Rail Limited (KMRL) has invited bids for completing the balance works related to the construction of entry and exit buildings at Civil Station Junction and Cochin SEZ Metro Station, as part of Phase 2 of the Kochi Metro project.Phase 2 covers a single corridor — the Pink Line — running 11.2 km between JLN Stadium and Infopark II, with 11 stations. The latest tender is aimed at finalising station access works, excluding architectural and building service components.According to tender documents, the estimated cost of the contract is Rs 1.99 billion. The pre-bid meeting is schedu..

Next Story
Infrastructure Transport

Tamil Nadu Clears Preparatory Work For New Chennai Metro Line

The Tamil Nadu government has granted administrative sanction for the preparatory work on the 21.76-km Koyambedu–Avadi–Pattabiram metro corridor. This approval allows Chennai Metro Rail Limited (CMRL) to begin land acquisition, utility shifting, and other groundwork while awaiting clearance from the Union government.The State government had already approved the project in May and submitted the detailed project report to the Centre. However, the Ministry of Housing and Urban Affairs has also requested a Comprehensive Mobility Plan (CMP) before granting final approval.According to an order i..

Next Story
Infrastructure Transport

Metro-14 To Link Kanjurmarg With Badlapur In Thane

Mumbai’s metro network is set for a major expansion with the proposed Metro-14 line, connecting Vikhroli/Kanjurmarg in eastern Mumbai to Badlapur in Thane district. Spanning between 38 km and 45 km, the project promises to drastically cut the current 1.5–2 hour road commute to a matter of minutes.The line will feature a mix of underground, elevated and at-grade stretches — running underground from Kanjurmarg to Ghansoli, before shifting to elevated tracks up to Badlapur. Key stations under consideration include Kanjurmarg, Vikhroli, LBS Marg, Chikoli, Shil Phata, Mahape, Ghansoli, Airoli..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?