India, Russia Hold Talks to Boost Industrial and Tech Ties
In a bid to strengthen their industrial and technological ties, India and Russia held the 11th Working Group Session on Modernisation & Industrial Cooperation in New Delhi. The session, which was attended by around 80 delegates, aimed to discuss progress and explore collaboration in key sectors such as aerospace, mining, fertilisers, railways, and advanced technologies like 3D printing.
The meeting, which took place on [Date], marked a significant step forward in the bilateral relationship between the two nations, with both sides reaffirming their commitment to strengthening industrial ties. The session was attended by senior officials from both countries, including representatives from the Indian Ministry of Commerce and Industry, the Russian Ministry of Industry and Trade, and other key government agencies.
The 11th Working Group Session on Modernisation & Industrial Cooperation is a biennial event that brings together officials from both countries to discuss ways to enhance cooperation in various sectors. The session has become a crucial platform for the two nations to exchange ideas, share best practices, and identify areas of mutual interest.
During the session, officials from both countries discussed the progress made in various sectors and explored ways to deepen cooperation. The meeting covered a range of topics, including aerospace, mining, fertilisers, and railways, with a focus on promoting joint ventures, technology transfers, and investments.
One of the key areas of focus was aerospace, with both sides discussing ways to enhance cooperation in this sector. India and Russia have a long history of collaboration in aerospace, and the session aimed to build on this momentum by identifying new areas of cooperation. The two nations are already working together on the development of the Sukhoi Su-30MKI fighter jet and the Il-214 military transport aircraft, and officials discussed ways to expand this cooperation to include other areas such as maintenance, repair, and overhaul (MRO) services.
The session also focused on mining, with officials discussing ways to enhance cooperation in this sector. India is a major importer of minerals, and Russia is one of the world’s largest mineral producers. The two nations have a significant amount of potential for cooperation in this sector, and officials discussed ways to promote joint ventures, technology transfers, and investments.
Fertilisers was another key area of focus, with officials discussing ways to enhance cooperation in this sector. India is a major player in the global fertiliser market, and Russia is a significant producer of fertilisers. The two nations have a long history of cooperation in this sector, and officials discussed ways to deepen this cooperation by promoting joint ventures, technology transfers, and investments.
Railways was another sector that was discussed during the session, with officials focusing on ways to enhance cooperation in this area. India and Russia have a significant amount of potential for cooperation in railways, with officials discussing ways to promote joint ventures, technology transfers, and investments.
In addition to these sectors, the session also focused on advanced technologies like 3D printing. This is an area where India and Russia have significant potential for cooperation, with officials discussing ways to promote joint ventures, technology transfers, and investments.
The session ended with the signing of a protocol, reaffirming both nations’ commitment to strengthening industrial ties. The protocol outlined the areas of cooperation and the roadmap for future collaboration, and officials from both countries expressed their commitment to working together to promote industrial cooperation.
The 11th Working Group Session on Modernisation & Industrial Cooperation is a significant milestone in the bilateral relationship between India and Russia, and it marks a significant step forward in their industrial and technological ties. The session has reinforced the commitment of both nations to strengthening industrial ties and has identified new areas of cooperation.
In conclusion, the 11th Working Group Session on Modernisation & Industrial Cooperation has marked a significant step forward in the bilateral relationship between India and Russia. The session has reinforced the commitment of both nations to strengthening industrial ties and has identified new areas of cooperation. As both nations continue to grow and develop, their industrial and technological ties will play a crucial role in promoting economic growth and prosperity.
Source: https://www.refersms.com/india-russia-boost-ties-in-key-sectors/
