HomeIndustry NewsRussian CG explores Biz Opportunities in Sri City

Russian CG explores Biz Opportunities in Sri City

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Sri City recently welcomed Mr. Valerii Khodzhaev, Consul General of the Russian Federation in Chennai, who visited the integrated business city.

Welcoming the CG, Dr. Ravindra Sannareddy, Founder Managing Director of Sri City hailed the visit as a significant step towards strengthening Indo-Russian business collaboration.

Highlighting the strong presence of Russian firm Kuibyshev Azot in Sri City, he expressed confidence that the visit would encourage more Russian enterprises to explore Sri City as their gateway to the Indian market.

“Sri City exemplifies India’s dynamic industrial ecosystem, offering a strategic platform for global businesses to expand. Russia has been a valued trade partner, and we are witnessing a growing presence of Russian companies in India.

With increasing bilateral trade and rising FDI from Russia, Sri City is poised to play a pivotal role in strengthening these economic ties,” Dr. Sannareddy stated.

Mr. R. Shivshankar, Senior Vice President (Marketing), outlined the integrated business city’s standout features.

Impressed by Sri City’s advanced infrastructure and swift growth, Mr. Khodzhaev praised its potential as a top business hub. He described the tour as remarkable, highlighting the significant progress made in a short span.

He also observed that Sri City’s many advantages could attract more Russian companies from various manufacturing sectors to invest.

While exploring the city’s various business zones, the visiting officials sought insights into the SEZ’s framework, business incentives offered by government, and streamlined customs procedures, including duty exemptions and trade compliance.

As part of his visit, the Consul General toured the industrial zone, visited Kuibyshev Azot’s plant, and engaged in discussions with Mr. Nishchal Padhya, the Managing Director of Siddhartha Logistics.

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