Russian President Vladimir Putin praised India for creating stable conditions for small and medium-sized enterprises (SMEs), drawing a comparison between India’s "Make in India" initiative and Russia’s import substitution programme. Putin expressed Russia's interest in establishing manufacturing facilities in India and emphasized the profitability of investing there. He highlighted the success of Russian brands replacing Western ones in sectors like consumer goods, IT, high-tech, and agriculture. Putin also stressed the importance of stronger Brics cooperation to support SME growth and called for member nations to evaluate key collaboration areas at the upcoming Brics summit in Brazil next year.
A serial entrepreneur and one of Israel‘s leading high-tech venture capitalist, Jonathan Medved is the founder and CEO of OurCrowd. Young Turks talks to Jonathan Medved about his journey here and the way forward.
The Home Ministry has sought over Rs 3,400 crore for its high-tech intelligence network NATGRID which aims to collate sensitive information from databases of departments like police, banks, tax, telecom to track any terror suspect and incident.