AGT Comm Russia & Torque Comm India signed MOU on cooperation
AGT Communication Group (Russia) and Torque Communications Agency (India) have signed a Memorandum of Understanding on Cooperation for supporting communication and marketing requirements of Russian and Indian companies doing business in the territory of Russia and India.
In 2010, bilateral trade between two countries amounted to $8.5 billion; in eight months of 2011, this reached $5.2 billion. The interaction encompasses different levels from state corporations to medium and small businesses. The key spheres of Russian business in India are energy, production and processing of natural resources, defense and aviation. Over 300 Indian companies in Russia are engaged in sectors ranging from pharmaceuticals to textile industry, trade and services.
The joint AGT - Torque Communications infrastructure will provide potential clients with significant communication possibilities in the territory of all Russian federal districts, in Belarus, Kazakhstan as well as in Mumbai, New Delhi, Bangalore, Ahmedabad and 119 other Indian cities.
"Working outside the country is connected with new challenges for the company. And significant part of them can be solved by right communication policy. Joint efforts of the two largest communication agencies of Russia and India will help our clients to take their businesses to a new level" - Viacheslav Lashchevsky, Chairman of the Board of Directors, AGT Communication Group, considers. "Our partnership allows us to talkabout not only significant geographical but also commercial scale. The history of mutual beneficial cooperation of our two countries reckons hundreds of years. To my mind, the joint work of two large companies will further contribute to business and cultural consolidation of our countries".
“India sees Russia as a strategic partner and a large market. Indian companies are very active in Russia while Russian companies have a large presence in a number of crucial industries. We see a large potential in helping companies reach out to their mass and special audiences,” says Supriyo Gupta, Managing Director, Torque Communications.
Now the companies started to work out concepts of joint strategic development, define key spheres and formats of partnership, establish dialog with potential clients.