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Arun Mohanty

Director of the Centre for Russian and Central Asian Studies at the Jawaharlal Nehru University

Russian business elites still look primarily towards Europe. However, India, in recent years, has become an industrial power.

Russian business elites still look primarily towards Europe. However, India, in recent years, has become an industrial power. At the same time, equipment that Russian companies buy in Europe is much more expensive than Indian products. There is a lack of information, problem in the Indian business environment as well ... In India, more than 80 percent of the companies are controlled by the private sector (in Russia the situation is the same), but our two private sectors, unfortunately, do not look at each other. We should work on ensuring that our players communicate with yours, and vice versa, we should encourage this process. Indian business elites, need to get more information about the current situation in Russia, including the modernization of its industry, in particular, the military-industrial complex.