India Inc is a name to reckon with, in today’s international business sphere. Nations across the globe are betting high on this country as far as investments are concerned. Against a backdrop of bilateral trade between India and Russia, being far below satisfactory levels; India-Russia Chamber of Commerce (IRCC), a non-profit organization, was formed on February 12, 2008 at New Delhi. The aim was to strengthen commercial and economic activities, between India and Russia, based on studied approach and
Post establishment of IRCC, both countries set a lofty aim of achieving $10 billion turnover by 2010. This also demanded knowledge of the prevalent market conditions, in both the counties to aid the business community to make best use of available opportunities. Russian consumers too, like their Indian brethrens, are very particular about choices they make, and this called for businessmen on both sides to be well informed about needs of the people. IRCC did just that and four years later, it would be safe to say, that it has been doing laudable work to foster close tie-ups, between Indian and Russian conglomerates.
India Russia Chamber of Commerce prides itself in filling the knowledge gap, that exists between the two countries. It draws up market strategies based on emerging trends in the two countries. IRCC is in constant touch with Indian economic ministries, different Chambers of Commerce, exports promotion councils and a large number of industrial houses, keen on doing business with Russia. At the Russian end, IRCC focuses on nurturing business ties with similar bodies there, to keep Russian magnates informed about possibilities available in India. IRCC’s success can be gauged from the fact, that the Russian chapter of this Chamber in Moscow may be opened soon.
Services rendered include interaction with IRCC's members, Central and State governments, global agencies and academic bodies in both countries. It boosts business relations between these two nations, through meetings with Russian businessmen, participation in exhibitions and business meets abroad. IRCC also imparts advice on industrial growth, policies, economic planning, taxation and corporate laws, as well as the latest technical developments.
Currently, IRCC does not provide any Russian English translation services for its members. CMM Languages provides Russian <> English translation of documents, bank statements, websites, software manuals, marketing material etc.
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