Institute of Sociology
of the Federal Center of Theoretical and Applied Sociology
of the Russian Academy of Sciences

Manshin, R.V., & Ghafari, A.L. (2021). Investment cooperation between Russia and India. RUDN Journal of Economics, 29(3), 490–501.



Manshin, R.V., & Ghafari, A.L. (2021). Investment cooperation between Russia and India. RUDN Journal of Economics, 29(3), 490–501.
ISSN 2313-2329
DOI 10.22363/2313-2329-2021-29-3-490-501
РИНЦ: https://elibrary.ru/item.asp?id=46703541

Posted on site: 24.12.21

Текст статьи на сайте журнала URL: http://journals.rudn.ru/economics/article/view/27606/19914 (дата обращения 24.12.2021)


Abstract

The long-term cooperation between Russia and India in the investment field is analyzed. This cooperation is of great strategic importance not only for the development of these countries, but also for solving problems at the global level. The world is currently undergoing large-scale changes affecting various spheres of public life. On the basis of Russian and Indian statistics, as well as statistics of international organizations, conclusions are drawn about the uneven distribution of foreign direct investment between Russia and India, and their different position in the international movement of capital is indicated. Examples of specific investment projects between TNCs of the two countries are given. Prospects for investment cooperation between the two countries have been substantiated. The purpose of this research is to study investment cooperation between Russia and India. The theoretical basis of the study was the works of Russian and foreign authors, which examine the issues of the socioeconomic situation of developing countries, and in particular, the economic development of India and Russian-Indian relations. The work used methods of analysis and comparison of theoretical positions, as well as methods of statistical and analogy, expert assessments. It was found that the most interesting projects for the Indian economy are the extraction of oil and other minerals, construction, trade, and real estate. For Russia, the sphere of manufacturing is of particular investment interest, as well as the sphere of trade and the financial sector. The long-term cooperation between Russia and India in the investment field is analyzed.This cooperation is of great strategic importance not only for the development of thesecountries, but also for solving problems at the global level. The world is currently undergoinglarge-scale changes affecting various spheres of public life. On the basis of Russian and Indianstatistics, as well as statistics of international organizations, conclusions are drawn aboutthe uneven distribution of foreign direct investment between Russia and India, and their differentposition in the international movement of capital is indicated. Examples of specific investmentprojects between TNCs of the two countries are given. Prospects for investment cooperationbetween the two countries have been substantiated. The purpose of this research isto study investment cooperation between Russia and India. The theoretical basis of the studywas the works of Russian and foreign authors, which examine the issues of the socioeconomicsituation of developing countries, and in particular, the economic development ofIndia and Russian-Indian relations. The work used methods of analysis and comparison oftheoretical positions, as well as methods of statistical and analogy, expert assessments.It was found that the most interesting projects for the Indian economy are the extraction of oiland other minerals, construction, trade, and real estate. For Russia, the sphere of manufacturingis of particular investment interest, as well as the sphere of trade and the financial sector.