Nizhny Novgorod woos Indian firms with first-ever business salon for trade and investment

The Nizhny Novgorod region recently held its first 'business salon' meeting with Indian business leaders. The event brought together companies, associations, and international organisations to explore new partnerships. Discussions centred on investment opportunities and joint projects across key industries.

Representatives from Russian and Indian firms gathered to discuss cooperation in medical equipment, agribusiness, education, and high-tech sectors. Dmitry Starostin, Deputy Chairman of the regional government, highlighted Nizhny Novgorod's industrial strengths and investment potential.

Separate talks focused on localising production and increasing exports. The Volga Research Medical University is already involved in these efforts. Indian entrepreneurs showed particular interest in the region as a base for business growth. The meeting also included informal networking, allowing business leaders to present projects and find partners. A cooperation agreement was signed to boost Asian participation in the Digital Industry of Industrial Russia (CIPR) Forum, scheduled for May 2026. As of March 2026, 12 Indian companies have taken part in earlier rounds of the 'Business Salon' format. Reports from the regional Chamber of Commerce and local media, including *Nizhegorodskie Novosti*, confirm their involvement.

The event strengthened ties between Nizhny Novgorod and Indian businesses. New agreements and ongoing discussions aim to expand trade, localise manufacturing, and attract further investment. The region now looks ahead to hosting the CIPR Forum in 2026 with increased Asian engagement.