India, Russia Hold Talks to Boost Industrial and Tech Ties
In a significant development, India and Russia recently held the 11th Working Group Session on Modernisation & Industrial Cooperation in New Delhi. The session brought together around 80 delegates from both countries to discuss the progress made so far and explore opportunities for collaboration in key sectors such as aerospace, mining, fertilizers, railways, and advanced technologies like 3D printing.
The meeting was a significant step towards strengthening the industrial ties between the two nations, which have a long history of cooperation in various fields. The session was chaired by officials from the Ministry of Industry and Commerce of Russia and the Department of Industrial Policy and Promotion of India.
During the session, the officials from both countries reviewed the progress made in various sectors and identified areas where they could collaborate to achieve mutual benefits. They also discussed the challenges faced in implementing the projects and ways to overcome them.
The meeting also saw the signing of a protocol, which reaffirmed the commitment of both nations to strengthen their industrial ties. The protocol outlined the framework for cooperation in various sectors and identified the areas where both countries could work together to achieve common goals.
Aerospace Sector
One of the key areas of cooperation discussed during the session was the aerospace sector. India and Russia have a long history of cooperation in the aerospace sector, and they have collaborated on several projects in the past. The officials from both countries discussed ways to enhance their cooperation in this sector, including the development of new technologies and the production of advanced aircraft.
Mining Sector
The mining sector was another area of focus during the session. India and Russia have significant mineral resources, and they discussed ways to enhance their cooperation in this sector. They talked about the possibility of collaborating on mining projects, sharing technologies, and exploring new mining areas.
Fertilizers Sector
The fertilizers sector was also discussed during the session. India and Russia have a long history of cooperation in this sector, and they have collaborated on several projects in the past. The officials from both countries discussed ways to enhance their cooperation in this sector, including the development of new technologies and the production of advanced fertilizers.
Railways Sector
The railways sector was another area of focus during the session. India and Russia have a long history of cooperation in this sector, and they have collaborated on several projects in the past. The officials from both countries discussed ways to enhance their cooperation in this sector, including the development of new technologies and the production of advanced railcars.
Advanced Technologies
The session also focused on advanced technologies like 3D printing. India and Russia have a long history of cooperation in this sector, and they have collaborated on several projects in the past. The officials from both countries discussed ways to enhance their cooperation in this sector, including the development of new technologies and the production of advanced products.
Conclusion
The 11th Working Group Session on Modernisation & Industrial Cooperation between India and Russia was a significant step towards strengthening their industrial ties. The session brought together officials from both countries to discuss the progress made so far and explore opportunities for collaboration in key sectors. The signing of the protocol reaffirmed the commitment of both nations to strengthen their industrial ties and outlined the framework for cooperation in various sectors.
The cooperation between India and Russia in various sectors is expected to boost their economic ties and create new opportunities for growth. The collaboration in advanced technologies like 3D printing is also expected to create new jobs and drive innovation.
Overall, the session was a significant step towards strengthening the industrial ties between India and Russia, and it is expected to have a positive impact on their economies in the long run.
Source:
https://www.refersms.com/india-russia-boost-ties-in-key-sectors/
