We see opportunities for our technology companies in India : Alexander Potapov, Executive Director of RVC
Updated on: 11 Jun 2016
Russian Venture Company (RVC), the largest state fund in Russia, is looking for investment oppurtunities in India. With plans to open a representative office in India by 2017, RVC executive director Alexander Potapov who was here recently to participate in the Smart Cities India 2016 Expo shares with Huma Siddiqui, his company's plans and prospects of cooperation, as well as about the existing experience implementing high-tech companies to the Indian market and its interest in finding a strategic partner in India. Excerpts:
Why is RVC here?
RVC views India as a promising market with great potential. We see opportunities here for our technology companies to manufacture their products and provide services using Indian production chains. We have also noted the Indian government's great desire to quickly overcome the country's areas lagging behind the times; the "gaps" that have arisen between modern technological developments and the global state of these markets. Ongoing national programmes (like 'Make in India', 'Start-up India', Hundred Smart Cities, designed to develop the innovation ecosystem, including the attraction of new investments) are a good example of the seriousness of their intentions. All of this has a beneficial impact on the innovative and high-tech entrepreneurship ecosystem in India.
As a development institution, we find the Indian management experience and the implementation of support for these programmes extremely interesting.
Why is the company interested in participating in the Indian projects? What all can your company offer?