Suresh Prabhu announces fast track mechanism to promote Russian investments in India

Suresh Prabhu announces fast track mechanism to promote Russian investments in India

Suresh Prabhu announces fast track mechanism to promote Russian investments in India

India is setting up a fast track, single-window mechanism to promote Russian investments in the country, announced by the union commerce and industry minister Suresh Prabhu.

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The mechanism would be in addition to the Russia Desk that had been set up earlier to promote Russian investment in India.

The India – Russia Business Summit organized by Department of Industrial Policy andPromotion (DIPP), Invest India and Confederation of Indian Industry (CII) in New Delhi.

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Suresh Prabhu said that there is an opportunity for India and Russia to collaborate in all fields like hydrocarbons, gold and diamond, timber, pharma, agriculture, power generation, aviation, railways and logistics.