ANI
22 Jun 2025, 18:50 GMT+10
St Petersburg [Russia], June 22 (ANI): Union Minister Ashwini Vaishnaw said many Russian companies are considering India as a base for creating their IT teams and that both countries can collaborate and lean in on each others' areas of expertise, TASS reported.
'A lot of Russian companies are now looking at India as a base for setting up IT teams. For example, Sberbank. They are setting up a base in Bengaluru. So a lot of opportunities are there for collaborating,' the Union Minister for Railways, Communications, Electronics and Information Technology told TASS in an interview on the sidelines of the St. Petersburg International Economic Forum (SPIEF).
The minister added that there are many areas for mutually beneficial cooperation between the two countries in the IT sector, the Russian state media reported.
'There are multiple areas for collaboration in IT. Of course, cybersecurity is one area where Russia has a lot of strengths. We can learn from each other. India has strengths in AI, IT systems management, and IT system programming. So both countries can really collaborate and learn from each other and to achieve a win-win solution for both,' Vaishnaw emphasised.
The St. Petersburg International Economic Forum (SPIEF) was held on June 18-21 and the theme for the event this year was 'Shared Values: The Foundation of Growth in a Multipolar World.'
The program included the SME Forum, the Creative Industries Forum, the Day of the Future International Youth Economic Forum, the Drug Security Forum, and the Roscongress Urban Hub discussion platform.
The Roscongress Foundation which organized the St. Petersburg International Economic Forum. TASS was its information partner. (ANI)
Get a daily dose of International Technology news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to International Technology.
More InformationHAIKOU, June 21 (Xinhua) -- For Canadian visitor Stephanie Wing See Yau, the therapy experience at a care center in Bo'ao, a coastal...
Mumbai (Maharashtra) [India], June 21 (ANI): Union Minister Sarbananda Sonowal on Saturday participated in the International Yoga Day...
New Delhi [India], June 20 (ANI): The Bharat Sanchar Nigam Limited (BSNL) has announced the soft launch of BSNL Quantum 5G FWA (Fixed...
XI'AN, June 20 (Xinhua) -- The rhythmic clatter of wheels on rail tracks echoed the fading tinkle of camel bells, heralding a renaissance...
Strengthening ties with African nations remains one of Moscows key priorities, the Russian president has reiterated Russian President...
London [UK], June 20 (ANI): A Chinese student who drugged and raped women in the UK and China was sentenced to life in prison on Thursday,...
WASHINGTON, D.C.: President Donald Trump has granted TikTok another reprieve, extending the deadline for its Chinese parent company,...
MENLO PARK, California: Meta Platforms has made a bold move to accelerate its artificial intelligence ambitions—by investing US$14.3...
In Nepal's latest attempt to silence online speech, police are trying to arrest a well-known journalist who published on his YouTube...
Taipei [Taiwan], June 22 (ANI): Taiwan's first indigenous submarine, Hai Kun (Narwhal), has become the latest target of China's intensifying...
Cardiff [UK], June 22 (ANI): Kate Middleton marked Prince William's 43rd birthday with a sweet tribute, sharing an adorable photo of...
Kargil (Ladakh) [India], June 22 (ANI): Maharashtra Deputy Chief Minister Eknath Shinde extended his heartfelt congratulations to the...