US restriction on entries opens doors for Indian tech companies to enter Russia

As the US proposes restrictions on H-1B visa, Russia may throw its doors open for India’s IT industry as the two sides explore cooperation in software as well as hardware sectors. This was stated when Rashid Ismailov, Russian deputy minister of telecom and mass communication, visited  this country last week. He was accompanied by a team of Russian IT experts who held discussions with Nasscom, India’s IT trade body, and looked at collaborating with the Indian IT ministry. The Russian minister and Indian officials explored collaboration in cyber-security domain to take on militant elements. India is the guest country at this year’s SPIEF (St Petersburg International Economic Forum) which is to be held on 1-3 June might. The Indo-Russian partnership in IT sector may see some projects coming to fruition, it is expected. SPIEF will have Narendra Modi, Indian PM, as its guest of honour. Both Indian IT behemoths and IT industry of Russia have not collaborated enough, though both countries have made progress in different technology areas. As India is one of the world leaders in the software industry, Russia has been able to move ahead in artificial Intelligence and robotics. Meanwhile, Skolkovo Innovation Center, the technology hub of Russia, which partners with IBM, Boeing and MIT, is said to be eager on partnering with Indian IT majors. In addition, the Indian Cabinet has agreed for a MoU for India and Russia to participate jointly in scientific and research activities. If you are looking to migrate to Russia, get in touch with Y-Axis, one of the top immigration consultancy companies, to apply for a visa from one of its several offices.