India, Russia Hold Talks to Boost Industrial and Tech Ties
India and Russia have taken a significant step towards strengthening their industrial and technological ties by holding the 11th Working Group Session on Modernisation & Industrial Cooperation in New Delhi. The two-day session saw officials from both countries discussing progress and exploring new areas of collaboration in key sectors such as aerospace, mining, fertilisers, railways, and advanced technologies like 3D printing.
The session, which was attended by around 80 delegates, aimed to identify new opportunities for cooperation and remove any obstacles that may be hindering the growth of bilateral ties. The meeting was a testament to the strong commitment of both nations to strengthen their industrial relationships and promote mutual economic growth.
Aerospace and Defence Cooperation
One of the key areas of discussion was the aerospace and defence sector, where India and Russia have a long history of cooperation. The two countries have been working together on various defence projects, including the production of Sukhoi fighter jets and the development of a fifth-generation fighter aircraft. The session saw officials discussing ways to further enhance their cooperation in this sector, including the possibility of joint production of defence equipment and technology transfer.
Mining and Fertilisers
The mining and fertilisers sector was another area of focus for the two countries. India is one of the largest producers of iron ore, coal, and bauxite in the world, while Russia is a major producer of fertilisers. The session saw officials discussing ways to enhance their cooperation in these sectors, including the possibility of joint mining projects and the development of new fertiliser technologies.
Railways
The railways sector was also a key area of discussion, with officials from both countries discussing ways to enhance their cooperation in this sector. India and Russia have a long history of cooperation in the railways sector, with Russia providing technical assistance and equipment to India’s railways. The session saw officials discussing ways to further enhance this cooperation, including the possibility of joint production of railway equipment and the development of new railway technologies.
Advanced Technologies
The session also saw officials discussing advanced technologies such as 3D printing, artificial intelligence, and cybersecurity. These technologies have the potential to transform various industries and improve the overall competitiveness of both countries. The discussion saw officials exploring ways to collaborate on these technologies, including the possibility of joint research projects and the development of new products and services.
Protocol Signed
The session ended with the signing of a protocol, reaffirming both nations’ commitment to strengthen their industrial ties. The protocol outlined the key areas of cooperation and the steps that both countries would take to enhance their industrial relationships. The signing of the protocol marked a significant milestone in the history of India-Russia industrial cooperation and paves the way for further collaboration in the future.
Conclusion
The 11th Working Group Session on Modernisation & Industrial Cooperation was a significant event in the history of India-Russia relations. The session saw officials from both countries discussing progress and exploring new areas of collaboration in key sectors such as aerospace, mining, fertilisers, railways, and advanced technologies like 3D printing. The signing of the protocol marks a significant milestone in the history of India-Russia industrial cooperation and paves the way for further collaboration in the future.
News Source
https://www.refersms.com/india-russia-boost-ties-in-key-sectors/
