<span style="color: #222222;">Minister of Commerce and Industry, Suresh Prabhu has announced the setting up of a fast track, single-window mechanism to promote Russian investments in India. The Minister was addressing the India-Russia Business Summit in New Delhi yesterday. </span><br />'' <br />'' <span style="color: #222222;">Mr Prabhu said there is an opportunity for India and Russia to collaborate in fields like hydrocarbons, gold and diamond, timber, pharma, agriculture, power generation, aviation, railways and logistics.<br />''<br />'' Speaking on the occasion, Minister for Economic Development of Russia, Maxim Oreshkin, said that Russia is preparing a strategy to increase economic cooperation with India. <br />''</span><br />'' <span style="color: #222222;">The new mechanism would be in addition to the Russia Desk that had been set up earlier to promote Russian investment in India. </span><br />