Indian airlines have firmed up orders for 105 Ilyushin-114-300 turboprops in a unique arrangement: the initial batch of aircraft will be built in Russia and overseen by India engineers. The production line and technology transfer will then be passed to India where the aircraft will then be made under a licencing agreement with Russia’s United Aircraft Corporation (UAC).
Indian pharmaceutical companies are investing in Russia and building production facilities to produce various drugs. Tens of millions of dollars are being invested into production facilities in Russia Special Economic Zones near Moscow, Kaluga and the Russian Far East. They are replacing the Western pharma companies who exited in 2022.
Russia’s Tatneft has entered into a JV with China’s NTL Chemical Technologies LLC, with initial investments of US$1.6 billion, increasing to about US$3.6 billion by 2035. The venture is involved in chemical processing and development to support Russia and China’s agricultural sectors as they move to eliminate reliance on Western producers.
Russia has tweaked its inbound foreign investment requirements and is looking for FDI that will utilise Russian manufacturing to add value. In addition, the ‘buy-back’ re-entry requirements into Russia for companies that exited the market yet wish to return have been tightened. We also examine the current inbound FDI volumes into Russia and look at the numbers of Western investors remaining operational in the country.
Our deep-dive analysis into the results of SPIEF 2026 – the signed agreements, investment deals, Russian corporate finance, multilateralism and agreed projects, including China, India, ASEAN, Middle East, African and LatAm investment plans.
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One of India’s largest pharmaceutical companies, Hetero Labs, is investing in a pharma manufacturing plant at the Technopolis Special Economic Zone near Moscow. The company manufacture drugs to deal with treatments of hepatitis, cancer, and tuberculosis.
Russia is to expand its Islamic Finance services sector based on the Bahrain model. Several Russian republics have significant Muslim populations, while the aim is also to attract Sharia-compliant inbound foreign investment into the Russian economy.
The US-based Mars Inc have invested in expanding their confectionary products factory in Russia’s Moscow region. This includes a new production line capable of producing and packaging 280 tonnes of chocolate bars and sweets per day. Mars are unlikely to have taken this step without clearance from Washington.
Thai investors have been acquired several pig farming assets in Russia’s Novogorod region. Pork consumption in both Russia and Asia is increasing, making this an apparent win-win situation for investors.
Russia’s AGR Holding and China’s Defetoo are expanding their joint venture and completing the technical refurbishment of the former United States-owned GM Motors auto plant in Shushary, St. Petersburg. The equipment has already been installed at the plant and will shortly begin the full production cycle. AGR acquired the GM facility in 2024, where the […]
The government of the Republic of Dagestan and representatives of MKB Group of Ankara, Turkiye have discussed building an assembly plant for agricultural machinery in the Russian region, mainly for tractors, the Dagestan export support center has stated. Rizvan Gazimagomedov, Dagestan’s deputy prime minister, said that “The launch and localization of production will provide impetus […]
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