+
India to support Russia in developing Far East region: PM Modi
ECONOMY & POLICY

India to support Russia in developing Far East region: PM Modi

Prime Minister Narendra Modi announced that India would be a partner of Moscow in achieving its vision in developing the Far East region of the country.

While addressing at the Eastern Economic Forum, PM Modi recalled his 2019 visit to Vladivostok and lauded the vision of Putin for the redevelopment of the Far East region.

In the 2019 visit, PM Modi revealed that New Delhi would give USD 1 billion loans to help the economic development of the region.

He also signed a memorandum to set up a direct marine corridor between Vladivostok and Chennai.

During his speech, he informed that the biggest shipyards of India would associate with Zvezda to build a few significant commercial ships in the world.

The Prime Minister highlighted the value of the mutual relationship and said the India-Russia energy partnership could help bring stability to the energy market worldwide. He said that India has a skilled and dedicated workforce, and the Far East is abundant in resources.

Therefore, there is enormous scope for Indian talent to offer to the Russian Far East development.

PM Modi also invited the governors of 11 areas of the Russian Far East to visit India. Earlier, Harsh Shringla, Foreign Secretary, met Sergei Lavrov, Russian Foreign Minister, and other senior executives in Moscow.

The Prime Minister said that during his initial trip, one of the main aims of the trip was to discuss supporting economic cooperation in the Russian Far East.

Image Source

Prime Minister Narendra Modi announced that India would be a partner of Moscow in achieving its vision in developing the Far East region of the country. While addressing at the Eastern Economic Forum, PM Modi recalled his 2019 visit to Vladivostok and lauded the vision of Putin for the redevelopment of the Far East region. In the 2019 visit, PM Modi revealed that New Delhi would give USD 1 billion loans to help the economic development of the region. He also signed a memorandum to set up a direct marine corridor between Vladivostok and Chennai. During his speech, he informed that the biggest shipyards of India would associate with Zvezda to build a few significant commercial ships in the world. The Prime Minister highlighted the value of the mutual relationship and said the India-Russia energy partnership could help bring stability to the energy market worldwide. He said that India has a skilled and dedicated workforce, and the Far East is abundant in resources. Therefore, there is enormous scope for Indian talent to offer to the Russian Far East development. PM Modi also invited the governors of 11 areas of the Russian Far East to visit India. Earlier, Harsh Shringla, Foreign Secretary, met Sergei Lavrov, Russian Foreign Minister, and other senior executives in Moscow. The Prime Minister said that during his initial trip, one of the main aims of the trip was to discuss supporting economic cooperation in the Russian Far East. Image Source

Next Story
Technology

Six ways a smarter workflow leads to faster, more accurate bids

In today’s fast-paced civil construction environment, estimators need more than just solid numbers. They need smart, streamlined processes. This article explores six key ways connected workflows can transform the estimated approach, help in minimising risk, move faster, and improve accuracy. By integrating tools, data, and teams, one can produce stronger bids with less rework, fewer surprises, and more confidence. As an estimator, the job goes beyond producing numbers. They are responsible for delivering bids that are fast, accurate, and built to win. In today’s civil construction ind..

Next Story
Real Estate

Experion Launches Women-Only Co-Living Project in Greater Noida

Experion, part of Singapore-based AT Capital Group, has launched its first co-living space under its managed rental housing brand, VLIV, in Greater Noida. The all-women residence features 730 twin-sharing beds with a strong focus on safety, comfort, and well-being. VLIV has committed a $300 million investment to create a structured, service-led rental housing ecosystem in India. The brand aims to scale up to 20,000 beds in the next few years, with a long-term target of 100,000 beds nationwide. “India’s rental housing is fragmented. VLIV is our way of building long-term, dependabl..

Next Story
Infrastructure Urban

Officine Maccaferri Acquires CPT to Bolster Tunnelling Tech

Ambienta’s platform company, Officine Maccaferri S.p.A., has acquired CPT Group, a leading Italian developer of robotic prefabrication systems and digital control technologies for mechanised tunnelling. The move positions Maccaferri as a global player in integrated tunnelling solutions, blending traditional and advanced mechanised systems. Based in Nova Milanese, CPT serves major global contractors across Europe, Southeast Asia, and Australia. The company offers robotic prefabrication (Robofactory), productivity-monitoring software for Tunnel Boring Machines (TBMs), and eco-designed spa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?