India’s investment potential attracts Russian businessmen

The visiting Russian business delegation to India has a large representation of small and medium businesses from 30 sectors. As both the countries look to diversify trade through MSMEs… Interest has been expressed in strengthening business ties between joint efforts of which Madhya Pradesh is also a state. (VISUAL IN) MSME Minister of Madhya Pradesh Om Prakash Sakhalecha said that in the state, Indian companies in sectors like pharmaceuticals, food processing and textiles There are “massive opportunities” to develop collaboration between and foreign companies.

MSME Minister Om Prakash Sakhalecha was present as the chief guest at the inauguration of the Office of the Honorary Representative of the Russian Federation and the Chamber of Commerce and Industry in New Delhi. In fact, the Russian Federation and the Chamber of Commerce and Industry have led a large business delegation to India from 3rd to 7th April. During this, Omprakash Sakhalecha told that the manufacturing sector in India is growing rapidly in the last few years.

The credit goes to Prime Minister Narendra Modi’s ‘Make in India’ push for growth. Minister Om Prakash Sakhalecha was particularly upbeat about the development in the pharmaceutical sector. According to official figures, the country’s Madhya Pradesh’s share in pharmaceutical production alone is 21%… India is currently the largest supplier of low-cost generic drugs in the world. While Om Prakash Sakhalecha, Russian Chamber of Commerce and Industry from Russia came to India Delegation invited to Madhya Pradesh for investment. In the program former Chief Minister of Goa Digambar Kamat, Chief of Sewa Bharti Panna Lal Bhansali, Advisor Sanjay Verma, Executive Editor of ITV News Network along with many eminent personalities of the country were present.