But both India and China would be put in an uncomfortable position if Russia tries to seriously push through a resolution on the issue at the BRICS summit.Indian IT companies depend heavily on contracts from these MNCs. A large number of MNCs now happen to be either Chinese owned or invested in by Chinese companies underscoring the close relationship that has developed between them. Besides, Beijing has been encouraging Chinese companies to buy out western companies in its quest for markets and new technology.Putin also wants the BRICS to come up with its own standards on cyber security, which may differ from western practices followed by Indian companies. "Russia also calls for promoting the interaction of the BRICS countries in the area of global information security. ""We believe that we should integrate the national SMEs' online resources for placing crosslinks and other commercial information and for exchanging data on reliable partners," he said.
Source: Times of India September 01, 2017 16:30 UTC