Days of Moscow in Delhi and Mumbai
Days of Moscow took place in Delhi and Mumbai on November 18-22. A Moscow government delegation led by Moscow Government Minister and Head of the Department for Foreign Economic Activity and International Relations Sergey Cheremin came to India to take part in the events.
“In 2018, we signed a cooperation program between Delhi and Moscow. It covers all areas of interaction between our cities. Our Indian colleagues are primarily interested in how Moscow is developing, its public transport, subway, and security system. They are also interested in key projects of the Russian capital such as Smart City and Safe City,” said Minister of the Moscow Government Sergey Cheremin in New Delhi at an economic conference attended by Russian and Indian entrepreneurs. Experts discussed prospects for economic and investment cooperation between Russia and India, investor support, the development of small and medium enterprises, and the elimination of trade barriers.
At an economic conference in Mumbai, Sergey Cheremin said that Moscow and Mumbai could approve a cooperation program in the near future: “We would like to establish a partnership with Mumbai, to consider the prospects of signing a cooperation program with the city not only in the financial sphere, but also in the fields of urbanism, urban planning, transport and social environment. Moscow has experience to share.”
The Minister pointed out that at present, the volume of foreign direct investment in the city’s economy is about $250 billion: “The investment volume of Indian companies is not so big – about $120 million. But it’s much more important that dozens of Indian companies from various sectors of the economy are actively working for us: corporations producing pharmaceutical products, microelectronics, creating information technologies, and also companies from service industries.”
According to Municipal Commissioner of Greater Mumbai Praveen Pardeshi, the authorities of the economic capital of India are interested in applying the experience of Moscow in various spheres of the urban economy. The priority task of the Mumbai authorities is to solve the transport problem – more environmentally friendly buses and electric buses are being purchased, and new metro lines are being built.