News Brief | November 2016
Russian companies look to India | RDIF
Despite a long standing political growth strategy, Indo-Russian trade and investment ties are yet to reach full potential. However, the time seems right with India opening up for investments across various sectors like infrastructure, energy and railways. Speaking about their plans, Kirill Dmitriev, CEO the Russian Direct Investment Fund (RDIF), member of BRICS Business Council stated that RDIF will invest $500 million to create a Russia-India Investment Fund with an equal amount from National Investment and Infrastructure Fund and are actively pursuing investment cooperation with leading Indian institutions.