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 Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..