NEW DELHI: India and Russia are exploring possibility of joint development of IT and related products for third country exports.
This was discussed when Ajay Sawhney, Secretary, MEIT recently visited Moscow, ET has learnt. Sawhney met Mikhail Mamonov Deputy Minister of Digital Development, Communications and Mass Media of the Russian Federation.
This was first official delegation of sorts which visited Russia after the cabinet changes were undertaken by President Vladimir Putin.
According to Sawhney, this visit was fruitful and promising as the two sides discussed about joining hands in the field of digital technology, AI, blockchain, Machine learning,5G and cyber security.
India and Russia complement each other in joint production of IT products. Russians are expert at pure science and robust engineering. India is significant market. India has young talents, business ecosystem and gateway to global market.
In cyber security systems Russia’s strength is very high. Electronic systems are changing very rapidly. In this context, Sawhney emphasized, Indian and Russia need to join hands to address the new challenges of the market.
Russia should see India as partner in developing new products and not just treat it as market, though India is a very promising market, according to Sawhney. Any products, which has been successfully introduced in India will have global market.
Sawhney invited Russian companies to India and assured all support.
Source: Economic Times
