NEW DELHI, December 10, 2014 /PRNewswire/ --
The Russian Direct Investment Fund (RDIF) and the Confederation of Indian Industry (CII) hosted a conference in New Delhi which was attended by Russian and Indian state officials and businessmen. The event set out the key benefits of investing in Russia and India, promoting bilateral investment and cooperation between the two countries.
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During the conference participants discussed opportunities for collaboration, in particular focussing on using RDIF's co-investment model for implementing lucrative projects.
More than 100 participants attended the conference, among them:
- State Bank of India
- Infrastructure Development Finance Company (IDFC)
- Tata Group
- Infrastructure Leasing & Financial Services (IL&FS)
- Sun Group
- A number of leading pharmaceutical companies.
Kirill Dmitriev, CEOofthe Russian Direct Investment Fund (RDIF), said:
"We consider India an important partner in stimulating mutual investment and economic collaboration. We hope this conference will provide impetus for a new stage of a profitable relationship and trigger future investment initiatives."
Russian Direct Investment Fund (RDIF) was established in June 2011 to make equity co-investments primarily in Russia alongside reputable international financial and strategic investors. Based in Moscow, RDIF's management company is a 100% subsidiary of Vnesheconombank. Further information is available at http://www.rdif.ru
