In­dia Plan­ning Joint Ship­build­ing Ven­ture with Rus­sia

India Strategic - - TALKING POINTS -

ALEXEY RAKHMANOV is vis­it­ing In­dia to take part in a di­a­logue be­tween In­dian and Rus­sian de­fence man­u­fac­tur­ing com­pa­nies. The event has been or­gan­ised by Fed­er­a­tion of In­dian Cham­bers of Com­merce and In­dus­try (FICCI) and the Eco­nomic De­vel­op­ment Board of Andhra Pradesh.

Speak­ing at the func­tion, Alexey Rakhmanov said that “Rus­sian com­pa­nies take the Make-in-In­dia cam­paign very se­ri­ously and trust this would pro­vide an ex­cel­lent col­lab­o­ra­tion op­por­tu­nity for In­dian and Rus­sian com­pa­nies to en­hance and deepen their de­fence man­u­fac­tur­ing co­op­er­a­tion.”

A se­nior of­fi­cial from the state eco­nomic de­vel­op­ment board said the Rus­sian com­pany seems in­ter­ested in in­vest­ing in the largest ship man­u­fac­tur­ing hub in the state. They said “It’s dif­fi­cult to com­ment on the quan­tum of in­vest­ments but we are hop­ing for an agree­ment soon.”

In­dian del­e­ga­tion at the de­fence ship­yards in Severod­vinsk

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