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15 CEOs to accompany Russia Prez

President Vladimir Putin will be arriving on December 10 for the annual India-Russia summit to be held on December 11 with Prime Minister Narendra Modi.

india Updated: Dec 09, 2014 01:06 IST
HT Correspondent

President Vladimir Putin will be arriving on December 10 for the annual India-Russia summit to be held on December 11 with Prime Minister Narendra Modi.

Putin will be accompanied by a large delegation, which will include 15 chief executive officers of Russian companies. One of the key highlights of the visit will be both Modi and Putin attending the world diamond conference at the Vigyan bhavan here on December 11, which will have a long line of business leaders and policy makers attending the event.

The conference will also be attended by mining ministers from Angola and South Africa and representatives of big diamond companies including Rio Tinto, De Beers and Endiama.

A key highlight of the event is both the leaders would be jointly interacting with business leaders. Despite efforts in the past, Indian private players haven’t come forward to invest in Russia. Both PM and Putin will have restricted as well as delegation-level meeting at Hyderabad House here. Putin will also call on President Pranab Mukherjee, who will also host a banquet in his honour.

Russian envoy to India Alexander Kadakin said Russia has agreed to build around 16 nuclear units but India has demanded “a much bigger” number of 24 units.