Medical dressings production using the Russian technology will be opened in India

“Aqvelite” Tomsk company has signed an agreement on the opening of wound healing dressings production in India. The production will be opened in Hyderabad.

  The production will be opened in Hyderabad.

  Medical wound healing dressings production using the Russian technology will be opened in India. On Thursday, Andrey Antonov, Deputy Governor of Tomsk Oblast on Economics, told TASS that corresponding agreement was signed the day before in Hyderabad between “Aqvelite” Tomsk company and “Renovate Biologicals Ptv Ltd” Indian company.

  “Aqvelite” Tomsk company has signed an agreement on the opening of wound healing dressings production in India. The production will be opened in Hyderabad. It’s an important step in the promotion of Russian medical products to the Indian market,” Mr. Antonov, head of the delegation of the representatives of Tomsk business circles, said.

  He noted that the delegation of Tomsk Oblast, which represented 15 companies, had already visited the Confederation of Indian Industry and the Federation of Indian Chambers of Commerce and Industry in New Delhi, where the presentations of economic potential of the region had taken place. In the Indian capital Deputy Governor of Tomsk Oblast met with Mr. Suresh Prabhu, Minister of Commerce and Industry of India and Mr. Nikolay Kudashev, Russian Ambassador.

  Then the delegation went to Hyderabad, where they also met with Indian businessmen. Moreover, Andrey Antonov had a conversation with Mr. Ikkada Srinivasan Narasimhan, governor of the Indian states of Telangana and Andhra Pradesh.

  “We also discussed the development of relations in the sphere of SMEs, which have great prospects,” Mr. Antonov added.

  Yaroslav Tarasyuk, Russia's trade representative in India, told TASS that, in order to solve the problem of increasing mutual trade by almost 3 times by the year 2025 - up to 30 billion US dollars - promoting economic ties between the regions of Russia and the states of India was of great significance.

  “In the cooperation of the regions of our countries we see a good opportunity for the development of trading of goods and services,” Tarasyuk said.