India and Russia have unveiled six new collaborative ventures to boost bilateral investments, following high-level discussions during the 8th Session of the India-Russia Working Group on Priority Investment Projects (IRWG-PIP). The session took place in New Delhi under the broader India-Russia Intergovernmental Commission, which focuses on trade, scientific, technological, cultural, and economic cooperation.
Chaired by India’s Amardeep Singh Bhatia and Russia’s Vladimir Ilichev, the gathering resulted in the signing of an official protocol outlining the newly agreed initiatives. It also served as a platform to evaluate progress since the last session, aiming to scale joint efforts across sectors of shared strategic interest.
This engagement was followed by the 2nd India-Russia Investment Forum, which was jointly organized by Invest India, the Indian Chamber of Commerce (ICC), and Russia’s Ministry of Economic Development. The event drew participation from more than 80 organizations, ranging from entrepreneurs and logistics firms to financial institutions and government delegates from both countries.
Both sides emphasized the significance of maintaining momentum in trade and investment, viewing such cooperation as central to reinforcing their economic alliance.
Russia continues to hold its position as one of India’s most valued and enduring partners. Since the formalization of the Strategic Partnership in 2000, during President Putin’s visit, bilateral relations have evolved substantially. The partnership was further elevated in 2010 to a “Special and Privileged Strategic Partnership,” reflecting closer collaboration across defense, politics, commerce, technology, and cultural exchange.
With the recent developments, India and Russia reaffirm their mutual commitment to long-term cooperation, anchoring their foreign policy goals in robust economic engagement and shared strategic interests.
