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Chelyabinsk oblast is planning to increase trade with India is three to four times

© ITAR-TASS/Mikhail Metzel

NEW DELHI, April 21. /Offset. TASS Evgenie Pahomov/. Chelyabinsk oblast is planning to increase trade with India is three to four times in two years. This was announced by the Governor of the region Boris Dubrovsky during the presentation of the business potential of the region, which takes place in India.

“Last year the trade turnover of the Chelyabinsk region from all over India was only about $65 million Is slightly more than 1.5% of the total foreign trade turnover of the region. This is clearly insufficient given the potential of our territory and a huge, rapidly growing India. I believe that if we manage for a period of two years to raise the volume of trade in two-four times, I would have thought that our work in this direction will be successful,” – said Dubrovsky on the sidelines of the meeting, which was held at the Federation of chambers of Commerce of India (FICCI ).

“We look forward to developing economic and cultural cooperation and see the interest in our region from the Indian side. The only limiting factor is logistics, which is complicated enough between our region and regions of India, we intend to discuss the possibility of delivery of goods,” – said the Governor of the region.

Regions may add 10 billion in trade turnover

In India attended by representatives of 10 companies and organizations in the region, including JSC “Radiy”, industrial group “NEKK”, FSUE “Production Association Mayak”, “ferrum”, LTD NMD “Ural”, LLC “OSK”, “SITNO”, “chemical group” and others.

According to representatives of the Chelyabinsk region has great prospects for cooperation with India in such fields as metallurgy, mechanical engineering, instrumentation, medicine, pharmaceutical production, agriculture, tourism.

As noted by the head of the trade representation of Russia in India Yaroslav Tarasyuk, the dissemination of information about opportunities in the field of business thanks to the work of the government and of the regional delegations is one of the most effective tools for enhancing cooperation.

“In 2016, 13 of the Russian regions delegations visited India. For four months this year India has already visited the 9 delegations of the Russian regions, three of which were headed by governors. And now we meet the tenth delegation, this time from the Chelyabinsk region, which is also chaired by the Governor Boris Dubrovsky,” – said Tarasyuk.

“According to experts, the development of direct trade – economic and investment relations of Russian regions with the Indian partners in the long term add up to $ 10 billion in trade in goods and services between our countries,” he added.

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