New Delhi, Dec. 5 -- India can certainly expand its footprint in the Russian market by stepping into businesses and sectors left open after the exit of some of the Western firms in the recent past, Roscongress Foundation CEO Alexander Stuglev said, expressing optimism in India's ability to fill that space.

"Certainly, I do believe that Indian companies may be able to successfully replace (the space) that was made vacant by the Western companies who have left. (I am) very optimistic," the CEO of Roscongress told ANI in an interaction, during the ongoing two-day State Visit of Russian President Vladimir Putin to India.

Reportedly, following the Russia-Ukraine conflict, several Western companies have either exited or scaled back operations...