Over 270 Indian and Russian business representatives, entrepreneurs, financial institutions, industry associations and government officials participated in the recently held first India-Russia Investment Forum.

The event, which was organised by the Department for Promotion of Industry and Internal Trade of the Ministry of Commerce and Industry in collaboration with the Indian Embassy in Moscow and Invest India, saw the participation of the Secretary of the Department for Promotion of Industry and Internal Trade of the Ministry of Commerce and Industry Rajesh Kumar Singh, India's Ambassador to Russia, Vinay Kumar, and Russian Deputy Minister of Economic Development Vladimir Ilyichev.

Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry posted on X: "@DPIITGoI in collaboration with @IndEmbMoscow
& @InvestIndia organised the first India-Russia Investment Forum, featuring addresses from Mr. Rajesh Kumar, Secy, DPIIT, Ambassador @vkumar1969
& Mr. Vladimir Ilyichev, M/o Economic Development."

"Over 270 Indian and Russian business representatives, entrepreneurs, financial institutions, industry associations & Govt. officials engaged in the Investment Forum. This was succeeded by a B2B session between the Indian delegation led by @FollowCII & their Russian counterparts," read another post.

Russia has been a longstanding and time-tested partner for India. Development of India-Russia relations has been a key pillar of India's foreign policy.

Since the signing of the “Declaration on the India-Russia Strategic Partnership” in October 2000 (during the visit of President Putin), India-Russia ties have acquired a qualitatively new character with enhanced levels of cooperation in almost all areas, including political, security, defence, trade and economy, science & technology, culture, and people-to-people ties, as per the Indian Embassy in Russia website.