Political Economy of Connectivity
Russia – India: Prospects and Constraints for Technology Cooperation
Report India 2026 ENG
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This paper analyses the dynamics of Russia’s technological cooperation with India. Its aim is to demonstrate how historical cooperation modalities, market structure, institutional and macroeconomic factors, as well as business culture come together to shape present-day constraints and windows of opportunity in Russia-India cooperation, and what this means for Russian companies and the corresponding institutions for supporting businesses in the technology sector.

For the purposes of this analysis, technological cooperation is defined as encompassing projects and initiatives that meet the following criteria: (a) repeatability and/or longterm planning horizon which makes one-off deals irrelevant for the purpose of this study; (b) scale and depth for sifting out purely trading transactions and those lacking a systemic or recurring nature, (c) sectoral consistency: low-tech sectors such as extracting and exporting minerals, or making low-tech consumer goods and services will not be studied as part of this report either.

As part of research conducted throughout 2024–2025, the authors examined the bilateral dialogue by analyzing key success factors and the specific constraints Russian companies encounter in the Indian market. This study included a series of interviews with Russian businesses operating in India and with experts on bilateral economic cooperation.