Russia could offer various technologies, including assembly lines for treatment of liquid waste to India, according to Sergey Kotov, Consul-General of the Russian Federation to the Republic of India.
Addressing members of the Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry here on Tuesday, Kotov said: “For India, this may be big interest along with water management, among others.’’
There was also scope for improving business ties in sectors such as pharma and automobile, he added.
While responding to a comment by a member that the customs regime was complex in Russia, he said it was simplified to some extent in the recent past and was “slightly changed for the better.’’
“You don’t ask for too much from Russia. We are not Soviet Union. We are working reviving economy after the undue influence of west in 1991. Russia is still bleeding,’’ he said.
At present, India’s trade with Russia is just $6 billion, which is less than 1 per cent of the country’s total foreign trade.
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