Denis Manturov: Russia to welcome Indian brains, talent; two countries plan

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29

Russia to welcome Indian brains, talent; two countries plan business ventures:
Denis Manturov

By Dipanjan Roy Chaudhury

, ET Bureau | Mar 21, 2017, 06.25 AM IST
Post a Comment

"The government of Russia will work towards this idea of welcoming Indian
brains," Manturov told ET in an exclusive interview in Delhi last Friday.

NEW DELHI: Russia will not only welcome Indian talent but will also help to have
comfortable stay in their country, which will be a win-win for both the
countries, Russian Minister of Trade and Industry Denis Manturov told ET amid
proposed visa changes in the USA that might impact movement of professionals
there in the future.
"We welcome Indian brains to Russia. We are open to high-skilled Indian
workforce in Russia and help them settle down in our country. Indians and
Russians have the best mathematicians in the world -- both have high-skilled
workforce. The government of Russia will work towards this idea of welcoming
Indian brains," Manturov told ET in an exclusive interview in Delhi last Friday.

The Russian minister, on his second visit to India in less than six months, is
here as part of the celebrations on the occasion of 70 years of bilateral
economic ties, and he will also create the ground for PM Narendra Modi's visit
to St Petersburg for the International Economic Forum between June 1 and 3. Modi
is the guest of honour at the Forum or SPIEF (St Petersburg International
Economic Forum) with India as the guest country for the Forum, often described
as the Davos of Eurasia.
Pointing out that SPIEF would be a perfect match making opportunity for the
Indian corporate sector, Manturov said the PM's presence will add heft to the
privileged and special Indo-Russian strategic partnership.
"We are currently in the process of giving final shape and fine tuning the
agenda for SPIEF. The Forum held at an important year of bilateral ties will
give a good opportunity for the businesses and corporate sectors." Modi and
Russian President Vladimir Putin will jointly address SPIEF that will include
over 5000 business honchos, including some even from the West.
The minister listed heavy engineering, metallurgy, agriculture and farming as
areas where India and Russia could work together to produce results besides the
traditional areas. "I was in Chennai to attend an engineering meet where Russia
was a partner country. The two sides are also looking to cooperate at the small
and medium scale industries. We are exploring joint ventures in the SME sector.
Besides the two sides can cooperate in certain areas of microbiology and
pharmaceutical products. Russia has made significant achievements in areas of
pharmacy, including protein supplements. India can be a big market for such
products."
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When asked about Russian participation across industrial sectors under the Make
in India initiative of the Modi government, Manturov said, "Such projects have
to be economically viable. We expect that Russian industrial firms will have the
advantage. I was on a business mission to Andhra Pradesh, Rajasthan, Maharashtra
and Goa last October. The challenge is to increase bilateral trade to $30 bn
from the current $7 bn by 2025."

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Russia to welcome Indian brains, talent; two countries plan business ventures:
Denis Manturov

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Recent Messages (29)

Badges Earned
Troll lol25

314
314 Points
19 days ago

What talent would go there when Russian nationalists are murdering brown people
in broad daylight in Russia? These Russians should be put to de@th in Goa as a
response to what they do to us, but nooo we keep licking their boots because
they are whites.

0
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4
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6
BizSmith

4
Market Buff

3
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Natanam Iyer

11326
11326 Points
32 days ago

Indians seem to be a source of attraction for countries other than U.S.

0
0
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Flag

Bibhuti Bhushan mish

Points
34 days ago

Good for bilateral co-op between India and Russia and a lesson to Donald Trump
and it s administration.
0
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4
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Indian Thinker

5064
5064 Points
35 days ago

this is good for India, but Russia is even more corrupt than India and there is
a language problem. So many might not go to Russia. Plus Russia GDP is only
around 2 trillion dollars, so they can absorb a few Indians, not as many as US.
Best of luck to whoever goes to Russia.

0
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nasir ali zaidi

2837
2837 Points
35 days ago

There is no comparison between US and Russia.

1
0
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1
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4
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3
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1
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Harish Diga

1653
1653 Points
35 days ago

The Russian are still stuck with the old mindset on India being a third world
country. Secondly India is a country that will pay huge money for buying their
arms. Rather than a partner they see india more of the customer.

0
0
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Flag

hello

Points
35 days ago

Make in India is attractive or Take-in-indians. Need to revisit.

0
0
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2
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4
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3
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2
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Born In January

15769
15769 Points
35 days ago

I have been lived in St. Petersburg it is an awesome place...

0
0
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Troll lol25

314
314 Points
19 days ago

full of Russian nazis.

1
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4
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6
BizSmith

3
Market Buff

3
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Cyboy

6551
6551 Points
35 days ago

interesting. will Russian now become preferred second language?

0
0
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Flag

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5
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7
BizSmith

3
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3
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Investor

Subrata Pramanick
 32894
32894 Points
35 days ago

Good news for the Indian techies and Tech firms. Russia welcomes you.

0
0
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5
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6
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Deepak Kadakia

4331
4331 Points
35 days ago

AFTER visa ban US will suffer for Indian talent

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1
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3
BizSmith
2
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Amit Bhatia

1998
1998 Points
35 days ago

Indian talent!! for doing backend jobs and providing tech support..even the
students reading in 10th standard can provide that!!

0
0
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4
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6
BizSmith

3
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3
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Cyboy

6551
6551 Points
35 days ago

isint that better than sitting at home & living off their parents income?

0
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1
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3
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2
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Amit Bhatia

1998
1998 Points
35 days ago

Yes...but classifying it to be rocket science is what I had objected to!!

0
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1
BizSmith

2
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1
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1
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miraj Miraj

1801
1801 Points
35 days ago

Union Govt. must work to retain as much skilled work force as it can here itself
rather than looking for its professional to send somewhere else. Apart from this
Indian should prefer to stay at home and help business and tech industry of our
own country instead looking to go somewhere else. This is the only way our
country can grow and survive in this globalized world.

0
0
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Badges Earned

1
BizSmith

1
Member

Arun Bhave

124
124 Points
35 days ago

India has dearth of institutions which are providing higher education let us not
waste any time or movement to seize this opportunity and put out an concrete
plan in public domain involving govts of both the countires

0
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4
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6
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2
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3
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Member

RAnand

2333
2333 Points
35 days ago

THE WORLD KNOWS THAT INDIANS LOVE TO DESERT THEIR OWN LAND FOR SLAVERY IN
FOREIGN LANDS!! NO INDIANS ARE AVAILABLE TO MAKE INDIA GREAT AGAIN!! PATHETIC!!
INDIANS SHOULD BE LEARNING A LESSON OR TWO FROM SYRIANS WHO ARE KICKED OUT OF
THEIR OWN AND FOREIGN LANDS!! THEY KNOW THE VALUE OF A NATION!!

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4
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6
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4
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3
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Indian Thinker

5064
5064 Points
35 days ago

it is not slavery, it is practicality. Indian GDP is only 2.25 trillion dollars.

India simply cannot provide enough good quality jobs. Plus Indian govt is highly
bureaucratic and regulation prone. Too many impediments to business. Too many
crony capitalists in India who prosper due to connections and rent seeking and
prevent new companies from entering market. Even BJP is now becoming more and
more socialist. BJP s main promise in UP is loan waiver. Look at how telecom
sector spoilt by both congress and BJP which have looked to maximize govt
revenues at the cost of sector health. Govt should allow capital to accumulate
in the hands of citizens. Only then capitalism can thrive. Right now, taxation
is too high in India. Regulation can be there to some extent to prevent
oligopolies and cartels.

2
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RAnand
 2333
2333 Points
27 days ago

Agreed But Not On So Called Practicality! Indians Should Help Take Out
Bureaucracy, Corruption & Excessive State Control!! Democracy Is NOT Casting
Votes Every 5 Years; It s Everyday Business!! So Indians Should Be Activists;
HELP Their OWN Nation Instead Of Foreign Lands!! THERE IS NO ALTERNATIVE TO
NATION BUILDING!!

0
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3
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mohanqp Thomas

2947
2947 Points
35 days ago

Sir,Very valid statement. Unfortunately many have tried to do & have failed
because the lack of respect we get from our own people.

0
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3
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5
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3
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MK

3914
3914 Points
35 days ago

Now Russia will develop.. India stays neutral. Biggest problem working in Russia
is language and social security.

0
0
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5
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7
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3
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3
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Subrata Pramanick

32894
32894 Points
35 days ago

That will develop as Indians start going and working there.

0
0
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Ashish Bagade

994
994 Points
35 days ago

This is our status...always goes here and there for good life like slaves....we
should stay in our nation and make it great, US, Russia and China just want to
capitalise on our brain, nothing else, They don t love us, infact they hate us.

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7
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6
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3
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2
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B R V Shanbhag

18872
18872 Points
35 days ago

I am very much impressed and the intentions are so sweet.

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Subrata Pramanick

32894
32894 Points
35 days ago

Right BRV. Good news for the Indian Techies and Tech Firms.

1
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6
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3
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1
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2
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B R V Shanbhag

18872
18872 Points
35 days ago

Yes , but then will it attract our techies?

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5
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7
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3
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3
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1
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1
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1
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Subrata Pramanick

32894
32894 Points
35 days ago

If they find it good for them or if they don t find alternative job. Then why
not.

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3
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1
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Hari The Citizen

944
944 Points
35 days ago

Thanks dear Russia. You are not biased.

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3
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5
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3
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1
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zulu_zombie

6629
6629 Points
35 days ago

Rubble has no value ...

0
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2
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5
BizSmith

1
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2
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1
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Kumarapuram Sadasivan

1093
1093 Points
35 days ago

$ and Rupee are FIAT Currencies.

0
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1
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3
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Indian

837
837 Points
35 days ago

This is the best news. I wish if Russians had realized it a long ago.

0
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3
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1
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2
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B R V Shanbhag

18872
18872 Points
35 days ago

Russia was our closest ally since independence.They are most trusted.

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Subrata Pramanick

32894
32894 Points
35 days ago

Good Morning BRV. "Closest ally and friend too"

2
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B R V Shanbhag

18872
18872 Points
35 days ago

Yes you are right Subrata have a nice day.

0
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Subrata Pramanick

32894
32894 Points
35 days ago

Thank you for your wishes.

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Gopinath R

1567
1567 Points
35 days ago

Russia always stood with India.

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3
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Alpha Neo

5287
5287 Points
35 days ago

Biggest problem in Russia is the language barrier plus the harsh Russian winters
are not comfortable to Indians in general. But money and better environment can
be a boon for Indians exploring non US options.

0
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Devidas Telakat

2286
2286 Points
35 days ago

Nahi gnanena sadrisham (there is nothing similar to knowledge).Vidwan sarvatra

poojyate(a scholar is respected everywhere)

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Kumarapuram Sadasivan

1093
1093 Points
36 days ago

Russia transferred technology,when the west was reluctant,in the initial

stages.India should be grateful to Russia for cheap Loans(India owes a Debt to
the erstwhile USSR,even ,now),cheap Military equipment,and especially for its
support for India s space and satellite tech,heavy Engg,etc.Russia even had an
Indian Cosmonaut Shri Sharma. India, should improve and cement relations with
the resurgent Russia,in all areas,for mutual benefit. May the relations between
the two nations,be ever friendly!

0
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Bir Chilarai

2774
2774 Points
35 days ago

Replace "Russia" with Soviet Union. Russia is very different and has not given
us any technology but has instead held us to ransom due to our over dependence
on Soviet era arms. The only thing that should guide us is our self interest.
There is a reason why the best Indian brains go to US and that will not change.

0
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Kumarapuram Sadasivan

1093
1093 Points
35 days ago

Russia wanted Admiral Gorshkov(Now Vikramaditya),"FREE",to India,but India had

by then been In the Kashmir Issue,Russia has consistently supported India.Punjab
terror,War with Pakistan etc ,had Russia helping India. The USA invites people
from other nations for its advantage,one being misusing them in the host
nations,to effect regime Changes,bring about Terrorism,etc. With USA,India is a
slave.

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Ch Prasad

16320
16320 Points
36 days ago

brilliant move by them

1
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IndiaInFocus

10738
10738 Points
36 days ago

we need art and culture exchange with russia which is considerably rich in them.
business is likely to attract the russian mafias who are just bad news. usa has
some of them in . russian mafias use afghanistan fro drug trade, which is quite
close to india, and they do human trafficking. it is a very big organization of
about 10,000 real goondas as estimated byt he fortune magazine of usa. india
better tread very very carefully here.

2
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HARJIT ATWAL
 12
12 Points
35 days ago

India was always Afghanistan was always close to india.Most of the drugs still
come from Afghanistan.

0
0
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