India, Russia Hold Talks to Boost Industrial and Tech Ties
In a significant move to strengthen industrial and technological cooperation, India and Russia held the 11th Working Group Session on Modernisation & Industrial Cooperation in New Delhi. The session brought together officials from both nations to discuss progress and explore potential collaborations in key sectors such as aerospace, mining, fertilizers, railways, and advanced technologies like 3D printing.
The event, which witnessed the participation of around 80 delegates, aimed to reaffirm the commitment of both nations to strengthen their industrial ties. The session was attended by senior officials from the Indian Ministry of Defence, Ministry of Commerce and Industry, and the Russian Ministry of Industry and Trade.
During the session, officials from both sides engaged in extensive discussions on various areas of cooperation, including the production of fighter jets, helicopters, and other military equipment. They also explored opportunities for collaboration in the mining sector, particularly in the areas of coal, iron ore, and copper.
In addition, the session focused on the development of India’s fertiliser industry, with Russian experts sharing their expertise in this area. The two nations also discussed cooperation in the railways sector, with a view to enhancing the efficiency and capacity of India’s rail network.
Advanced Technologies Take Centre Stage
One of the key areas of focus during the session was advanced technologies like 3D printing. India and Russia have been working together to develop this technology, which has the potential to revolutionise various industries, including aerospace, healthcare, and automotive.
The session also saw the signing of a protocol, which reaffirmed the commitment of both nations to strengthen industrial ties. The protocol outlines the framework for cooperation in various sectors, including aerospace, mining, fertilisers, and railways, as well as advanced technologies like 3D printing.
The signing of the protocol is a significant development, as it underscores the importance that both nations attach to strengthening their industrial and technological cooperation. The protocol is expected to facilitate greater collaboration between Indian and Russian companies, leading to the development of new products and technologies.
Commenting on the significance of the session, a senior official from the Indian Ministry of Defence said, “The 11th Working Group Session on Modernisation & Industrial Cooperation has been a highly productive and successful event. We have made significant progress in various areas of cooperation, and we look forward to continuing our collaboration with Russia in the days ahead.”
A Russian official from the Ministry of Industry and Trade added, “The session has demonstrated the strong commitment of both nations to strengthening their industrial ties. We are confident that our cooperation will lead to the development of new products and technologies, and we look forward to continuing our collaboration with India in the years to come.”
Conclusion
The 11th Working Group Session on Modernisation & Industrial Cooperation has marked a significant milestone in the history of India-Russia relations. The session has demonstrated the strong commitment of both nations to strengthening their industrial ties, and has outlined the framework for cooperation in various sectors.
The signing of the protocol is a significant development, as it underscores the importance that both nations attach to strengthening their industrial and technological cooperation. As the two nations continue to work together, we can expect to see the development of new products and technologies, and a strengthening of their industrial ties.
As the world becomes increasingly interconnected, the importance of global partnerships cannot be overstated. The India-Russia partnership is a prime example of the benefits that can be achieved through cooperation between nations. By working together, India and Russia can achieve great things, and can play a leading role in shaping the future of global industry and technology.
Source: https://www.refersms.com/india-russia-boost-ties-in-key-sectors/
