Russian-Indian cooperation in post-covid reality: everything you wanted to know

On December 9, 2020, Maxim Kuznetsov, Vice President of the RAUIE, took part in a webinar on business opportunities and economic engagement in post-covid Russia. The event was organized by the BRICS CCI, the Indian Chamber of Commerce, Industry and Agriculture, as well as the Embassies of the Russian Federation and India.

Ambassador of India to the Russian Federation, Mr. Varma, Ambassador of the Russian Federation to India Nikolai Kudashev, Trade Representative of the Russian Federation to India Alexander Rybas, Head of the Agricultural Chamber of Commerce and Industry of India and other eminent speakers were invited as guests of honor.



Vice President of the RAUIE Maxim Kuznetsov, highlighted important aspects of business with Russia. “The most prospective platforms for Indian imported goods placement today are online marketplaces and retailers. We advise you to pay special attention to the Russian leaders of e-commerce - OZON and Wildberries, which provide wide opportunities for Indian manufacturers of textiles, clothing, technology, cosmetics and other consumer goods. We advise you to develop your product niche through Magnit, X5 Retail Group, Dixy. However, in order to be placed on these platforms, you need to register a legal entity in Russia. It may not be obvious to Indian colleagues, but many face difficulties at this stage, ” said Maxim Kuznetsov.

In the ​​investment area, we also recommend paying attention to Russia. The Russian economy is rich in natural resources, and now the value of the Bloomberg Commodity Index is at the 1999 level, that means, a strong economic recovery awaits us in the next 5-7 years.