Indo Russia "Innopraktika" Technology Hub seals four agreements at Innoprom 2026

IRITH marked a defining moment at Innoprom India 2026, signing four strategic Memoranda of Understanding that deepen technology, innovation, and industrial ties between India and Russia.

IRITH formalized partnerships spanning artificial intelligence in healthcare, advanced electronics manufacturing, cross-border investment facilitation, and a new India–Russia Artificial Intelligence Centre of Excellence (CoE), underscoring the Hub’s role as a vital bridge between the two nations’ innovation ecosystems.

1. India–Russia Ai Centre of Excellence, with the Government of Nizhny Novgorod Region and RUSSOFT: The most institutionally ambitious of the four agreements, this Cooperation Agreement unites IRITH with the Government of the Nizhny Novgorod Region and RUSSOFT in a shared commitment to establish an India–Russia Centre of Excellence (CoE) in Artificial Intelligence and Cybersecurity. This initiative shall progress in a three-fold fashion -

(a) Company-to-Company Collaboration: The CoE will focus on the incubation, nurturing, and growth of MSMEs of both nations.

(b) Strategic Collaboration: The CoE will also focus on building a structured “AI Sandbox” process spanning the development of appropriate test beds and frameworks for advancing the standardisation of AI.

(c) Academic Collaboration: The CoE will engage with leading academic institutions, including IIT Gandhinagar, to foster mutual student and faculty exchange, embedding research and knowledge-sharing at the heart of the India–Russia technology partnership.

2. Bridging Technology and Investment, with RDIF and Panorama: The Russian Direct Investment Fund (RDIF, the sovereign wealth fund of Russia), India’s Panorama Electronics Pvt Ltd and IRITH have signed a cooperation agreement aimed at promoting Russian high-technology companies and their solutions in the Indian market and Indian companies entering the Russian market.

3. A New Joint Venture, with NexTouch: With Joint-Stock Company ‘NEX-T’ (NexTouch), IRITH set its sights on India’s manufacturing and public-sector future. The two parties expressed their mutual intent to establish a joint venture on Indian soil; one built to promote and sell NexTouch-branded equipment while positioning the partnership to compete for major government and institutional projects across the country.

4. AI in Healthcare, with SberMedAI: In a signing that points toward the future of medicine itself, IRITH entered into a Memorandum of Cooperation with SberMedAI LLC, represented by General Director Viktor Aleksandrovich Ushakov.

“Each of these agreements represents a concrete step toward turning promising Russian technologies into sustainable, long-term partnerships in India," said Debjit Chakraborty, Director, IRITH. ‘Innoprom India 2026 has given us a powerful platform to translate shared ambition into structured, actionable cooperation.”