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January 25th, 2007

'Use rupee-rouble debt to boost investment'

FICCI President Habil Khorakiwala pointed out that there was potential for cooperation in high technology areas such as biotechnology, nanotechnology, metallurgy, aviation and manufacture of aviation-related equipment. Apart from deepening bilateral engagement in civilian nuclear technology, the energy sector afforded a real opportunity to Indian and Russian companies to forge joint ventures in offshore oil exploration and investment in the downstream sector in home countries as well as third countries.


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