Indian ambassador to Russia Kanwal Sibal said that Indian
firms were keen to enter Russia''s lucrative construction
business, particularly to build hotels and other amenities
in the Black Sea resort, Sochi.
won the bid to host winter Olympics in 2014 at Sochi during the International
Olympic Committee session in Guatemala City earlier this month. The Russian government
has allocated $13 billion for preparations.
at a business meeting during his visit to Krasnodar in South Russia, Sibal said
Indian business were also keen to participate in the Olympic preparations of Sochi.
Sibal also said
that Indian carriers wanted to be granted stopover rights for their European flights.