India & Russia: Expanding Bonds is a sumptuously illustrated book delineating the enduring friendship between two great nations. In particular, it looks at the vibrant and ever-expanding economic ties between the two large and rapidly growing economies. Close political, economic and cultural links with Russia have been a high priority in India’s foreign policy and shaped its international engagement over the years. India has learnt much from the Russian economic model while also benefitting from Russian assistance in its industrial development. This engaging narrative highlights the evolution of the Indo-Russian bilateral relationship as both nations opened up their economies and embarked on a new development paradigm. Both countries emphasized policies to encourage entrepreneurial ventures in each other’s economies and continue to embrace a widening range of areas of cooperation, including defence, science and technology, and space.
The Confederation of Indian Industry (CII) has been conscious of the importance of a strong and strategic partnership between India and Russia and believes that robust economic and commercial engagement is key to furthering ties. CII is facilitating the shift from traditional spheres of business with Russia to new and emerging areas and will continue to actively build on its multiple initiatives, playing an integral role in further cementing the bilateral friendship.