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Russia woos Indian IT firms, call to jointly tap global markets

AFP,  December, 2004  

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BANGALORE, India (AFP) — Russia said it wants to emulate India's success in information technology as it wooed Indian firms for joint projects and called on both nations to team up to tap global markets.

The statement by Leonid Reiman, Russia's Minister for Information Technology, came before a visit by the country's president Vladimir Putin later Saturday to Bangalore, known as India's Silicon Valley.

The high-tech industry was rolling out the red carpet for Putin's arrival from New Delhi where he began a three-day trip Friday.

It planned to showcase its advances in information technology, space and defence.

"The development of IT is one of the top priorities of Russia," Reiman told reporters on the sidelines of a business conference in Bangalore.

Putin was due to meet heads of leading Indian IT companies such as Infosys and Wipro, aeronautics giant Hindustan Aeronautics, and ...