Russia and India to jointly invest in critical infrastructure sector ...News

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Russia and India to jointly invest in critical infrastructure sector
The Russian Direct Investment Fund and Enso Group will jointly provide over $220 million to develop shipbuilding India’s multinational conglomerate Enso Group and the Russian Direct Investment Fund (RDIF) have agreed to jointly finance the development of shipbuilding infrastructure in both countries, according to a statement released on Monday. The announcement came ahead of Prime Minister Narendra Modi’s visit to Moscow amid burgeoning trade ties between Russia and India. According to the agreement, the parties will provide a total investment of 20 billion rubles (over $220 million) in order to meet the growing d

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