In 2017, India made its first investments in the Russian Far East outside the oil and gas sector, and the first phase of a RussianIndian cooperative venture to establish a diamond and jewellery cluster in Vladivostok is now beginning. A number of Indian companies are at an advanced stage of decision-making about investing in machine building and oil and gas extraction. Even so, business leaders from the two countries recognize that there is huge untapped potential for bilateral investment cooperation in the Russian Far East. India and Russia are ready to work together to increase their trade and economic cooperation in the Russian Far East, taking the necessary steps to achieve this and making available special conditions and incentives. In particular, as of 1 August 2017, Indian citizens can take advantage of a simplified visa regime and enter Vladivostok Free Port on an electronic visa. This will have a direct impact on the development of RussianIndian cooperation in the Russian Far East and the flow of tourists from India into the region. What projects are Indian companies already implementing in the Russian Far East, and what is the key to their success? What mechanisms and solutions could act as a catalyst for the growth of Indian investment in the Russian Far East and mutual trade? In which sectors does RussianIndian investment cooperation have the greatest potential? What changes need to be made to the regulation of these sectors to make them attractive for Indian investors?