Invest UP, Russia explore partnership avenues
Lucknow, Oct. 25 -- Invest UP and Russian officials on Friday explored strategic partnerships in defence, technology transfer, and aerospace ecosystem development under the government of India's Make in India and Defence Industrial Corridor initiatives.
Shashank Chaudhary, additional CEO of Invest UP, chaired a high-level virtual meeting with representatives from the Russian Trade Commissioner's Office in Delhi, the president of the India-Russia Collaboration Chamber, the Invest UP Russia Desk and UP chapter of Assocham.
The dialogue focused on deepening bilateral investment ties, particularly in trade and defence manufacturing, leveraging Uttar Pradesh's robust industrial ecosystem.
During the meeting, both sides expressed keen interest in fostering joint ventures and collaborative platforms to accelerate innovation and manufacturing excellence.
Chaudhary highlighted the Uttar Pradesh Investment Promotion Policy 2023, which offers a compelling framework for foreign direct investment (FDI) and foreign capital investment (FCI), especially for Fortune Global 500 and Fortune India 500 companies.
Russia was the partner country in the recently concluded five-day UP International Trade Show - 2025 in Greater Noida last month.HTC...
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