UP ODOP Reaches Russia, ODOP Storefront to Open in Moscow Soon

UP ODOP Reaches Russia, ODOP Storefront to Open in Moscow Soon

A boost to Cross-Border Trade and Tech Collaboration by BRICS Partnership in International Technology Congress, Moscow-Russia

In a significant boost to India’s “One District, One Product” (ODOP) initiative, Uttar Pradesh’s ODOP products are set to make their mark in Russia, with a store front planned for Moscow. The intent was made during the International Technology Congress, held in Moscow, Russia, where UP’s unique craftsmanship was presented to international dignitaries. At the IT BRICS nation Congress, organized by RUSSOFT in partnership with the Chamber of Indo-Russo for Technology collaboration (CIRTC, The Shining), Electronics developers and Manufacturers association of Russia, technological sovereignty exports association of Russia and supported by Federation Council of the Federal Assembly of the Russian Federation, the Indian delegation led by Debjit Chakraborty, Executive Director CIRTC and a special invitee delegate Hasan Yaqoob who is renowned public policy and corporate affairs professional from Uttar Pradesh, presented handcrafted ODOP gifts to the Mr Maksut Shadaev Hon’ble Minister of Digital Development, Communications and Mass Media of the Russian Federation. A standout was the xylographed wooden box containing the alluring fragrances of city Kannauj, Uttar Pradesh, which received high praise from the Hon’ble Minister of Digital & Communication, Government of Russia.

Hasan Yaqoob, addressing the gathering, emphasized the growing importance of bilateral trade and technology collaboration between India-Russia and other BRICS nations. He shared insights on the transformative impact of the UP ODOP flagship program launched by Mr. Yogi Adityanath, Hon’ble Chief Minister of the Uttar Pradesh government, which has significantly improved the livelihoods of local artisans. His pitch about the export and import of elite ODOP articles sparked strong interest among Russian importers, leading to the intent for the establishment of an ODOP storefront in Moscow, showcasing a curated selection of elite UP products for the people of Russia and tourists there.

During the event, Mr. Vasily Shpak Hon’ble Deputy Minister of Industry and Trade of the Russian Federation, commended India’s vast capabilities and expertise across various sectors. He proposed enhanced trade ties and technology collaborations, underlining the mutual potential for growth between India and Russia. Indian delegate Hasan Yaqoob presented him with a policy handbook of Invest UP, which showcases the benefits and opportunities of business for the foreign investors in the state of Uttar Pradesh.

During the congress, the session on artificial intelligence (AI), also led by Indian Tech delegate Hasan Yaqoob, garnered widespread attention. It was attended by Vasily Elistratov, Chief of AI Technology Development Directorate of the Ministry of Defence of the Russian Federation, Sergey Garbuk, Chairman of the National Technical Committee, Russia, and by other high officials from the Railway, Transport, Health Care & Education departments of the Russian Government. Several leading Russian AI companies expressed keen interest in collaborating with India on technology transfer initiatives and joint ventures. As a result, multiple Memorandums of Understanding (MoUs) were signed between Russian and Indian Chambers/companies, paving the way for future collaborations in the AI sector, semiconductor design lab establishments, and drone manufacturing units in Uttar Pradesh. Furthermore, student medical education and tech training programs were also explored between Indian delegates and with the Russian Universities panel headed by Mr. Andrey Svintsov, Member of State of Duma, Russia.

Conveying the best wishes of the INVEST UP (Department of Investment Promotion and Felicitation Agency of Government of Uttar Pradesh) to the ITC organisers, the Indian delegate Hasan Yaqoob, who hails from the state of Uttar Pradesh, presented Uttar Pradesh investment policy handbooks (given to him by Invest UP to handover) to Russian investors, representatives of the technology and finance sectors of Russian companies. These materials outlined investment opportunities in Uttar Pradesh, highlighting the state’s growing potential as a hub for cross-border trade and technology partnerships. A delegation of prominent Russian companies is expected to visit Uttar Pradesh in the near future, marking a new chapter in India-Russia trade dialogues and collaborations. The visit will focus on strengthening ties through joint ventures and further promoting cross-border initiatives in trade and technology.

For any Query: Can contact on Mb -9839315508, Mr Hasan Yaqoob.

Leave a Reply

Your email address will not be published. Required fields are marked *

Press release

Effects Of Globalisation

Introduction No matter where you are in the world, if you operate within a circle of educated and aware individuals, you can’t avoid the question: “Is Globalization a boon or bane?” You’ll also notice that your perspective on this question can vary significantly depending on whether your country falls into the category of a ‘developed […]

Read More
Press release

Significance of Data Analytics in Financial Market

Introduction The financial markets are known to have become more complex than at any time in history, with the speed at which information collection has already reached today. Investors and traders are badly in need of making decisions as fast as possible and wisely based on a plethora of data flooding their offices to handle. […]

Read More
Press release

The Impact of E-Commerce on Traditional Retail Business. A study of how online shopping is transforming the retail landscape

The advent of e-commerce has fundamentally transformed the retail landscape, creating aseismic shift in how consumers shop and how businesses operate. With the rapidproliferation of online shopping platforms, traditional brick-and-mortar retailers facesignificant challenges, but also opportunities for innovation and growth. This article delvesinto the impact of e-commerce on traditional retail businesses, examining the evolvingconsumer behaviour, […]

Read More