Rusnano considers setting up $2bn high-tech fund with India; more funds seen ahead

Posted on November 7, 2014 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

Rusnano, Russia’s nanotech giant, has been in talks with India over the setup of a fund to finance high technology projects the two countries are pushing together, the Russian news agency TASS reported.

TASS quoted Russian Deputy Minister of Economic Development Alexei Likhachov as saying that, “we talk about the creation of a $1-2bn fund together with an Indian partner which has yet to be chosen later.”