Eurasian World In Economic Measurement: Investment Potential Of Russian-Indian Interaction

2020

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DOI 10.15405/epsbs.2020.10.05.490
Data confidence 70 medium
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Abstract

This article introduces the analysis aimed at evaluating the investment potential of two interacted Eurasian countries: Russia and India. It analyzes the structure of the Indian economy, as well as its investment capacity and trading activity. The study uses the data from open and reliable sources: International Monetary Fund, World Trade Organization, Ministry of Trade and Industry of India, Federal Customs Service of the Russian Federation. The relations' specifics folded between Russia and India can be described with the fact that they are located in the Eurasian world with set local trends. The article provides an assessment of some Indian projects, launched by the Indian companies in Russia, as well as analyzes the prospects of the Indian economy in terms of investing in it. An important point in Russian-Indian economic relations is a trade interaction. In trade terms, parity is observed. The structure of both imports and exports is characterized as diversified. Nevertheless, the levels of trade interaction, as well as investment, remain insignificant, although they demonstrate the potential for growth. The structure of the Indian economy makes it attractive for investment in manufacturing industries, which is reflected in the economic growth rate. However, despite its high growth rates, India remains an agro-industrial country. At the same time, investment activity between Russia and India, on the one hand, is not sufficiently developed; on the other hand, it has some prospects for growth.