https://sputniknews.in/20241127/russian-oil-and-gas-equipment-manufacturers-to-boost-supplies-to-india-8455165.html
Russian Oil and Gas Equipment Manufacturers to Boost Supplies to India
Russian Oil and Gas Equipment Manufacturers to Boost Supplies to India
Sputnik India
MOSCOW (Sputnik) – Russian firms, supported by the Russian Export Centre and the VEB.RF corp, held over 120 meetings during a two-day business mission in... 27.11.2024, Sputnik India
2024-11-27T16:27+0530
2024-11-27T16:27+0530
2024-11-27T16:45+0530
indo-russian relations
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Twelve Russian companies have showcased their products under the Made in Russia brand. Among them, Petroline-A presented its drilling parameter monitoring systems and other control and measurement equipment, including software for the oil and gas industry. The event opened with a session titled Russia-India: New Opportunities for Cooperation, covering market entry strategies, export potential, and the regulatory environment in India.Russian companies, with their extensive expertise in the oil and gas sector, align well with India’s growing demand for advanced technologies, Timur Vekilov, head of the representative office of Russian Export Center in India, stressed, highlighting the importance of such visits.The event also featured discussions with key figures such as including the Indian Chamber of International Business (ICIB) and the International Trade Centre (IITC), alongside with Russian representatives, including Vladislav Dmitriev, from the Russian Chamber of Commerce and Industry (CCI) and Nikita Zhvachkin, head of the Corporate and Financial Institution Department at Sberbank India.As part of the mission, visits were organised to major Indian oilfield service companies, where Russian firms introduced their products and services, gaining valuable insights into the Indian market.The mission improved their understanding of the Indian market, including logistics and financial solutions, SEVER Krasnoyarsk Amphibious Transport Plant reported. The company highlighted interest in its air-cushion vehicles, developed by Siberian engineers.Strong interest from Indian companies in cooperation also marked by Relematika, one of leading Russian manufacturers and developers of relay protection and automation panels and terminals. The potential for exports to India could reach up to 150 million roubles annually, as per the company’s estimates.For more information about participating in Made in Russia exhibitions supported by the REC or finding suitable events, Russian companies can visit the government platform My Export.
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india, russia, mumbai, moscow, business, oil exporters, global oil production, oil and gas reserves, oil supplies, russian oil, made in russia
india, russia, mumbai, moscow, business, oil exporters, global oil production, oil and gas reserves, oil supplies, russian oil, made in russia
Russian Oil and Gas Equipment Manufacturers to Boost Supplies to India
16:27 27.11.2024 (Updated: 16:45 27.11.2024) MOSCOW (Sputnik) – Russian firms, supported by the Russian Export Centre and the VEB.RF corp, held over 120 meetings during a two-day business mission in Mumbai, India, with a potential value of 600 million roubles, the center informed.
Twelve Russian companies have showcased their products under the Made in Russia brand. Among them, Petroline-A presented its drilling parameter monitoring systems and other control and measurement equipment, including software for the oil and gas industry.
"Indian partners also assessed services related to geological and geophysical work, drilling tools, pressure sensors, flow meters, gas analysers, and relay protection and automation terminals," the statement reads.
The event opened with a session titled Russia-India: New Opportunities for Cooperation, covering market entry strategies, export potential, and the regulatory environment in India.
Russian companies, with their extensive expertise in the oil and gas sector, align well with India’s growing demand for advanced technologies, Timur Vekilov, head of the representative office of Russian Export Center in India, stressed, highlighting the importance of such visits.
"These events help to unlock the enormous potential for cooperation between our countries. Russian companies have vast experience in developing and applying solutions for the oil and gas sector, while India has a demand for unique Russian technologies in this field. And perhaps most importantly, our business missions help forge partnerships that grow into long-lasting friendships," Vekilov remarked.
The event also featured discussions with key figures such as including the Indian Chamber of International Business (ICIB) and the International Trade Centre (IITC), alongside with Russian representatives, including Vladislav Dmitriev, from the Russian Chamber of Commerce and Industry (CCI) and Nikita Zhvachkin, head of the Corporate and Financial Institution Department at Sberbank India.
As part of the mission, visits were organised to major Indian oilfield service companies, where Russian firms introduced their products and services, gaining valuable insights into the Indian market.
The B2B negotiations, involving leading industry players, distributors, and traders, demonstrated the growing interest in Russian oil and gas technologies and the potential for expanded cooperation.
The mission improved their understanding of the Indian market, including logistics and financial solutions, SEVER Krasnoyarsk Amphibious Transport Plant reported. The company highlighted interest in its air-cushion vehicles, developed by Siberian engineers.
Strong interest from Indian companies in cooperation also marked by Relematika, one of leading Russian manufacturers and developers of relay protection and automation panels and terminals. The potential for exports to India could reach up to 150 million roubles annually, as per the company’s estimates.
For more information about participating in Made in Russia exhibitions supported by the REC or finding suitable events, Russian companies can visit the government platform My Export.
