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A seminar “Operational aspects of doing business with Indian investors and partners” organized by NCC APR jointly with RSPP and KPMG in cooperation with Center for International Institutions Research (CIIR) of RANEPA was held on May 25, 2016

The main aim of the seminar was to discuss practical aspects of cooperation with Indian partners.
Opening the seminar Dr. Marina Larionova, Vice President for International Relations of the Russian Union of Industrialists and Entrepreneurs (RSPP); Head of the CIIR emphasized that despite a significant Russia-India trade and economic relationships potential the level of current cooperation is not commensurate with the opportunities and level of political dialogue. Hence events which contribute to consolidation of a dialogue between businesses and better understanding of market trends of both countries should be regular.


Evgeny Dridze, Deputy Head of the Department for External Economic and International Relations of the Government of Moscow told about Russian-Indian trade and economic relationships prospects, in particular about the Government of Moscow activities aimed at enhancing cooperation, in particular work to simplify visa regime for business representatives.
Richard Rekhy, Chief Executive Officer of KPMG in India presented development trends of modern Indian investment market, main state programs and possible strategies of entering market of the country.
Nonna Kagramanyan, Vice-president of All Russia Public Organization “Business Russia” shared with the participants her Organization experience on supporting small and medium enterprises (SMEs) at the Indian market. She noted that according to the surveys approximately one third of companies – members of “Business Russia” (about 5000 companies) are engaged or interested in cooperation with Indian partners.
Ramnik Kohli, Country Head for Russia & CIS of Micromax presented the history of his company entering the Russian market and highlighted some success factors of Micromax activities in Russia.
Oleg Sazhin, Director for Business Development of ABBYY 3A in his turn shared a 20-years history of ABBYY work in India. He emphasized a number of factors which should be taken into account by Russian IT companies for successful work at the Indian market, particularly the importance of proposing to Indian partners technologies rather than finished products.
In conclusion Sanjit Kumar Jha, President of the Association of Indians in Russia, Head of the Center of Indian Culture presented specific aspects of business culture of modern India.
The seminar participants included representatives of Russian companies working or planning to enter the Indian market, consulting companies specializing in supporting business cooperation with India, and experts.
NCC APR plans to continue the practice of holding such seminars - both country- and sectoral-oriented. The announcements of future events are available at the NCC APR web-site.
Program

KPMG material "India soars high"

KPMG material "Doing business in India"