Moscow, Oct. 21 :    Moscow, Oct. 21:  At Shermyetov I airport in Moscow, a marketing manager waiting for his flight to Irkutsk says in fluent English: 'There are three things I can't do without: my laptop, my mobile and my credit card.' Clearly, apart from his Gucci attaché, he does not carry any baggage, ideological or otherwise. The young man is not alone. There are thousands coming to terms with a fast-changing Russia integrating very fast with a market economy. The streets are full of well-dressed young people - women with legs as long as stretch limos exquisitely clad and shod, men driving Mercedes 600s, BMWs, Audis, Toyotas. The supermarkets are spilling over with goods and crowds. Stylish show windows of Versace, Armani or Kenzo add an extra dash of style to the streets. Russia today is shaking off the stereotypes of a grey, strait-jacketed society that used to dominate outside imagination. Even the stories of a crashing economy scarring a long-suffering society heard five years ago are belied by the appearance of a feel-good dynamism. Confirms Andrey V. Ryabov, scholar-in-residence at Carnegie Foundation in Moscow: 'Russia is experiencing a boom.' Observes Mohan Guruswamy, former adviser to the Union minister for finance: 'The Russian growth rate will be on the same trajectory as China.' Figures available from government sources show that the GDP growth has been 7.7 per cent compared to 6.4 last year. The industrial growth has been 9 per cent compared to 7.7 per cent. Export has tripled in a year. However, both Ryabov and Volkhansky stress that Russia is walking a tightrope. Much of the well being of the economy is related to oil prices. People have lost confidence in the Russian banking system after the 1997-98 crash. But even these insecurities are blowing away. At the moment, 20 to 25 big-league foreign banks are waiting to open branches in Russia. Even State Bank of India and Canara Bank have formed a joint stock banking operation and are all set to open a branch within a couple of months. But Indians have been slow to join the Russian bandwagon. Compared to the Germans, Americans and even Koreans, Indian business is missing out on the frenetic business activity. CII is restarting its operations in Moscow after a gap of 10 years. It has signed an MoU with the Russian Union of Entrepreneurs and Industrialists and is set to open an office in Moscow before Prime Minister A.B. Vajpayee's visit to Moscow in November.