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Russia shows interest in investing in Rajasthan

Jaipur, Oct 11 (IANS) Investors from Russia have evinced interest in investing in Rajasthan, state government officials said here on Tuesday.

Russian Minister for Industry & Trade of the Russian Federation Denis Manturov, accompanied by a high-level delegation comprising senior government officials and representatives of Russian businessmen, met Rajasthan Chief Minister Vasundhara Raje here.

Discussions during the meeting revolved around Russia-Rajasthan collaboration in several areas including mining, agriculture, infrastructure development and heavy engineering and machinery.

The visit of the Russian delegation follows Raje’s participation in the international industrial trade fair ‘INNOPROM 2016’, held in Russia earlier this year.

“There is a strong potential for growth in specifically Rajasthan’s trade with Russia. With increasing economic growth, the infrastructure requirements in Rajasthan are growing and Russia can help address this need,” said Chief Minister Raje, in a statement.

She was of the view that Russia can complement Rajasthan’s efforts in strengthening the state’s engineering industry, specifically in automotive, mines and minerals.

Earlier in the day, the Russian delegation attended the Russia-Rajasthan Business Forum organised by the Government of Rajasthan and Confederation of Indian Industry (CII).

 

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