OREANDA-NEWS  The Skolkovo Foundation will open an official representative office in New Delhi on Tuesday in order to strengthen cooperation between the Russian and Indian technological community and simplify the introduction of high-tech products to local markets, the press service of the foundation reports.

The main areas of work of the representative office will be the support of transactions between Indian companies and startups and partners of Skolkovo, the promotion of the fund's services for foreign companies, the organization of visits and support for participation in business events, consultations, educational programs and research.

"India is obviously a point of attraction for technology companies from all over the world: in 2022, its economy grew by 6.5%, and the share of GDP in the information and computer technology sector was 13%. The launch of the Skolkovo representative office in India opens up wide opportunities for the entire community of Russian technology companies to enter a new market with huge potential. Our task is to speed up and simplify this process for Skolkovo residents and partners," Yuri Saprykin, Vice President for Regional and International Development of the Skolkovo Foundation, commented in the message.

In its work, the representative office will rely on the experience of cooperation with partners – the Indian Chamber of International Business (ICIB), the National Agency for Investment Promotion and Promotion of India Invest India, the Confederation of Indian Industry (CII), the National Association of Service Companies (NASSCOM) and other institutions with the support of the Embassy and Trade Mission of the Russian Federation in India.