As Russia is actively seeking alternative technological partners to circumvent western sanctions, Skolkovo, a major Russian tech hub, is opening a representative office in New Delhi, India.
The office will help Indian companies and Skolkovo startups develop cooperation, promote Skolkovo’s international services, organize visits, business events, consultations, as well as educational and research programs.
It will work in partnership the Indian Chamber of International Business, the National Agency for Investment Promotion and Promotion of India Invest India, the Confederation of Indian Industry, the National Association of Service Companies, and other institutions.
“India is obviously a point of attraction for technology companies from all over the world: in 2022, its economy grew by 6.5%, and the share of GDP in the information and computer technology sector was 13%. The launch of the Skolkovo representative office in India opens up wide opportunities for the entire community of Russian technology companies to enter a new market with huge potential. Our task is to speed up and simplify this process for Skolkovo residents and partners,” stated Yuri Saprykin, Vice President for Regional and International Development at the Skolkovo Foundation.
India showed interest in Skolkovo as early as 2014, when a delegation from this country went to Skolkovo on a fact-finding mission.
In the following years, Skolkovo startups flew to India and joint venture projects were announced.
