As per the declaration, the two countries will strive to deepen cooperation to promote innovation and technology entrepreneurship through promotion of the development of long-term cooperation, co - innovation and direct contacts between Russian and Indian Innovation clusters   and   also   business   associations, techno-parks, business-incubators, high-tech companies, start-up enterprises, educational and research institutions.

The National Science and Technology Entrepreneurship Development Board of the Department of Science and Technology, Government of India will be responsible for the implementation of the joint declaration from the Indian side.

The two sides also agreed to implement joint projects in the field of innovation and exchange of information, as well as best practices in the innovation space.

END