Russia Encourages Indian Firms to Acquire Abandoned US, European Businesses

20 Dec 2023 CW Team

Recent reports suggest that Russia is actively encouraging Indian companies to consider acquiring businesses abandoned by US and European companies. The move signifies Russia's interest in fostering economic collaboration with India and seizing opportunities arising from the withdrawal of other international players.

The initiative aims to strengthen economic ties between Russia and India while providing Indian firms with strategic investment opportunities in regions where businesses have been vacated. The vacant spaces left by US and European companies present a unique opening for Indian businesses to expand their global footprint and contribute to economic growth.

This diplomatic and economic strategy reflects Russia's efforts to diversify its partnerships and create mutually beneficial relationships in the global business landscape. The encouragement for Indian companies to step into the void left by others aligns with the evolving dynamics of international commerce and underscores the potential for increased collaboration between Russia and India in various sectors.

As Indian businesses explore these opportunities, the development highlights the changing dynamics of global economic alliances and the emergence of new partnerships that can reshape the geopolitical and economic landscape.

Infrastructure Urban

10 Apr 2026

Güntner Showcases Cooling Tech at China Expo

Güntner showcased its latest refrigeration and air conditioning innovations at China Refrigeration 2026, highlighting digital intelligence and carbon-neutral solutions.The company presented its aicore™ Controls and IoT platform, designed to optimise energy consumption, enable remote monitoring and enhance lifecycle management of cooling systems. The solution integrates advanced controllers and cloud-based capabilities to improve operational efficiency and reduce energy use.Güntner also demonstrated advancements in heat pump technologies, including its role in projects such as the Ordos Zer..

Superb Realty Ties Up with Praan for AI Air Tech

Superb Realty has partnered with Praan to deploy AI-powered autonomous air infrastructure across over one million sq ft of real estate in Mumbai, marking a significant move towards intelligent indoor environments.The rollout will begin at Superb Altura and expand across upcoming residential and mixed-use developments. The initiative aims to integrate real-time sensing, adaptive purification and AI-led optimisation to improve indoor air quality and occupant experience.Praan’s technology is designed to remove ultrafine particles significantly smaller than conventional systems and eliminate har..

DAAKit Raises $138,000 in Pre-Seed Round

DAAKit has raised $138,000 in a pre-seed funding round led by Inflection Point Ventures to expand its hyperlocal fulfilment network and strengthen technology capabilities.The company plans to use the funds to launch 25 new dark stores across Tier I and Tier II cities, enhance its technology infrastructure, and expand its leadership and operations teams. Currently operational in Delhi, Gurugram, Mumbai, Bengaluru and Kolkata, DAAKit is also piloting expansion into Tier II markets through Lucknow.Built on an asset-light, technology-driven model, the platform enables brands to position inventory ..