New Delhi, Dec 6: The Russia India Business Forum 2025, led by the Roscongress Foundation and held alongside President Vladimir Putin’s state visit, concluded with a unified commitment to expand trade, investment, and sectoral collaboration across both countries. Over two days, the Forum convened senior officials, industry leaders, investors, and policy institutions for dialogues, B2B meetings, and multi-sector consultations aimed at shaping long-term bilateral growth.
Discussions across the Forum underscored the growing convergence in pharmaceuticals, engineering goods, machinery, food products, technical textiles, and marine equipment, while also identifying new joint-venture opportunities in medical technology, hospital infrastructure, cybersecurity, AI, digital innovation, and advanced manufacturing. Delegates emphasised the importance of strengthening SME participation, improving logistics and regulatory frameworks, and enabling stable cross-border trade mechanisms.
The Forum also explored cooperation in tourism, education, research, skilling, and cultural exchange through structured travel programmes, student and faculty mobility, collaborative research initiatives, and innovation-led academic partnerships. Connectivity enhancements maritime, rail, and digital were flagged as essential to building predictable and resilient supply chains.
“The potential between our countries extends far beyond traditional sectors,” said Alexander Stuglev, CEO of the Roscongress Foundation. “We are entering a pragmatic, opportunity-rich phase where tourism, medical technology, advanced engineering, AI, education and joint ventures can accelerate growth on both sides. Our priority is to build transparent, efficient mechanisms that bring Indian and Russian businesses together and create long-term value. This includes supporting SMEs, encouraging joint ventures in high-growth sectors, and ensuring that trade and investment flows are stable, secure and future-ready. With these efforts, we can transform the India–Russia partnership into one of the world’s most robust and opportunity-driven economic corridors.”
Key Two-Day Agreements and Announcements
The Forum recorded several significant signings across media, industry, regional development, and technology:
- TASS and the Press Trust of India signed an agreement to deepen news exchange and media cooperation.
- Abrau-Durso and Indospirit Beverages Pvt. Ltd. formalised collaboration in alcoholic beverage production.
- Sberbank and the Council of Scientific & Industrial Research (CSIR) advanced an agreement on scientific and industrial cooperation (pending confirmation).
- The Russian Union of Industrialists and Entrepreneurs initiated an expanded cooperation framework with Indian industry counterparts.
- BDR Pharmaceuticals, the Kaluga Region, and Pharmasyntez signed an Agreement of Intent for an API production facility in Kaluga, marking a major step in pharmaceutical collaboration.
- Omega Elevators and SCAD Tech signed a general cooperation agreement strengthening industrial ties.
- Delovaya Rossiya, the All-India Association of Industries, and the World Trade Center Mumbai signed a trilateral MoU to enhance SME-driven industry cooperation.
- Prasar Bharati and Gazprom-Media signed an MoU to advance media partnership.
- The NFDC and Gazprom-Media signed an MoU to widen collaboration in film, content exchange, and cultural initiatives.
The Forum’s outcomes support the objectives discussed during President Putin’s visit, including raising bilateral trade to USD 100 billion by 2030, building resilient supply chains, advancing industrial cooperation, and supporting deeper engagement between financial institutions to enable smooth trade and investment flows.
The Roscongress Foundation will coordinate follow-up delegations, multi-region dialogues, thematic investment forums, and structured B2B sessions to convert Forum discussions into sustained partnerships and sector-level outcomes.
Detailed information about participating in the Russia–India Forum can be found on the Roscongress Foundation website.
The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.
The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.
Each year, the Foundation’s events draw participants from 209 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.
The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 229 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 90 countries worldwide, and 360 Russian public organizations, federal and regional executive and legislative bodies of the Russian Federation.