<h1>India and Russia to Enhance Industrial Township Development and Economic Cooperation under National Manufacturing Policy.</h1> Russia will play a significant role in the development of industrial townships under India's National Manufacturing Policy. During meetings in Moscow, India's Minister of Commerce, Industry, and Textiles discussed investment opportunities with Russian officials, focusing on sectors such as energy, IT, infrastructure, and more. Both nations aim to enhance trade, investment, and economic cooperation, with high-level interactions planned leading up to an Annual Summit. The IT sector, including BPO/KPO and e-governance, is identified as a priority for collaboration. In 2012, bilateral trade grew by 14%, reaching approximately USD 6.7 billion, with notable increases in exports from both countries.