Russia’s software exports stand at $7.5 billion a year. Russia is known to have a range of modern IT-related technologies that are available only with the US and China.
NEW DELHI: India and Russia evolving partnership in the area of IT software and hardware solutions will go beyond traditional and can support India’s smart cities and infrastructure programs.
This was agreed after Russia’s Russoft Association of software entered into a formal partnership with its Indian counterpart, Nasscom last month. The Russoft that has support of Russia’s Economic Development Ministry, Russian Trade Mission in India and FICCI among others, wants to form partnership beyond traditional areas of IT solution, Russoft Association president Valentin Makarov told ET.
These areas would include smart cities and mega infrastructure initiatives according to Makarov who recently held dialogue with slew of Indian IT players. Russoft includes Russian specialised firms Bee Pitron who are ready to assist India’s smart city programs.
“Quantum communication is also emerging as an important area for telemedicine and power sector. India and Russian IT giants can also collaborate in this sector,” he said.
Indian companies with expertise and skills in project management could join hands with Russian companies that are good at developing customized technology solutions, Makarov said.
Russia’s software exports stand at $7.5 billion a year. Russia is known to have a range of modern IT-related technologies that are available only with the US and China. These include GLONNAS navigation system, Yandex search engine, Kaspersky operating system, VK social network, Telegram messenger and MIR bank payment system.
Makarov said he would welcome more Indian companies to explore opportunities to join hands with members of Russoft.
He said Russia has been an old friend of India. “Our relationship has withstood the test of time. Why should we allow only US companies to dominate the global IT landscape? If we join hands, we could have a win-win relationship.”