Russian Business Centre established in Delhi to promote economic, trade ties
New Delhi, June 6: With an objective of enhancing economic and commercial relations with India, a Russian Business Centre has been established in Delhi.
The facility, established by Sber Bank of Russia, is intended to become a hub of Russian business in India.
Sber has been operating in India for over 15 years; the bank already has offices in New Delhi and Mumbai, as well as its own IT hub in Bangalore.
SberIndia operates as a full-fledged local bank, providing a comprehensive range of services for corporate clients and developing infrastructure for cooperation between Russian and Indian companies.
The project is intended to become a flagship platform showcasing advanced technologies, digital services, and innovative solutions from the Sber ecosystem.
Sber will offer residents of the new business centre a range of financial instruments for operating in India and business support services, including legal, tax, and audit support, as well as credit products.
The National Capital Territory of Delhi remains one of the key commercial real estate markets in India and the Centre is being built in one of Delhi’s most convenient business clusters in terms of infrastructure and logistics.
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Anatoly Popov, Deputy Chairman of the Executive Board of Sberbank, said:
“The development of relations between Russia and India, particularly in industrial cooperation, financial interaction, logistics, and technological partnership, is increasing the need for Russian companies to have a physical presence in India. The Russian Business Centre is not just an office building, but a key location for the Russian business community in India. Its residents will include both companies already operating in India and those just preparing to enter this market.”
