Shuvalov noted the importance of the appearance of goods from India on the Russian market.

Russian business in India is much more widely represented than Indian business in Russia. To eliminate the imbalance, it is important to ensure the penetration of goods from India into the Russian market and ensure their continued success. This was announced to Izvestia on December 5 by the chairman of the VEB State Development Corporation.Russian Federation Igor Shuvalov on the sidelines of the Russian-Indian Business Forum.

"India produces food products that can be successful on the Russian market. And, of course, everyone knows about their success in the IT field, there may be joint cooperation and some new projects that will bring great success," he said.

Shuvalov noted that Russia is interested in joint projects and in opening enterprises in India, but stressed that this process is not so simple.

"It is necessary, even from the point of view of cultural enrichment of each other, to seriously address this issue. Business culture, among other things, will be the main development of these investments," concluded Shuvalov.

Relatives in touch: Putin will take cooperation with India to a new level

The visit of the Russian president to the republic has been expected since 2021

Earlier in the day, Russian President Vladimir Putin, during talks with Indian Prime Minister Narendra Modi, said that Russia and India had done a lot of work to develop relations, and the possibilities for cooperation were expanding.

At the same time, the Russian leader noted that Russia wants to develop multifaceted relations with India in different areas, not only in energy and defense. According to Putin, the dynamics of trade between the two countries over the past three years has shown record values, and last year the volume of Russian-Indian trade reached $64 billion.

All important news is on the Izvestia channel in the MAX messenger.