The participation of Indian businesses at St. Petersburg International Economic Forum (SPIEF) has been limited this year, due to the recently concluded elections and Russia’s increased focus on China.
Traditionally, Indo-Russian economic cooperation has focussed on defence, energy and pharmaceuticals.
Start-ups, artificial intelligence and manufacturing digitisation can become the new growth drivers of Indo-Russian economic cooperation.
SPIEF has been held since 1997 and has become a leading global platform for members of the business community to meet and discuss the key economic issues facing Russia, emerging markets, and the world as a whole.
