Opportunities and Risks for Russian Business in South Asia (Case of India)

Author:

Ryazantseva M. V.1ORCID,Yakushova E. S.1ORCID

Affiliation:

1. Financial University

Abstract

The geopolitical changes in relations between Russia and the collective West as well as the sanctions imposed against our country have provoked a turn of Russian business towards Asia. In this regard, it seems relevant to study the prospects for international cooperation of Russian companies with friendly countries in the Asian region, with India in particular, who is a strategic partner of Russia and rates in top five in terms of GDP. The purpose of the study was to analyze trends in India’s strategic development and the experience of implementing joint Russian-Indian projects in order to identify promising sectors of the Indian economy for Russian expansion. The authors have identified the most promising areas for Russian-Indian B 2B cooperation as following: logistics, energy, chemical and petrochemical industries. The results of the study may be useful to Russian organizations when developing an expansion strategy for the Indian market.

Publisher

Financial University under the Government of the Russian Federation

Reference9 articles.

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