India, Russia hold talks to boost industrial and tech ties
The 11th Working Group Session on Modernisation & Industrial Cooperation between India and Russia was recently held in New Delhi, marking a significant step towards strengthening bilateral ties in key sectors. The session brought together around 80 delegates from both nations to discuss progress and explore avenues of collaboration in areas such as aerospace, mining, fertilizers, railways, and advanced technologies like 3D printing.
The meeting was attended by senior officials from the Indian Ministry of Commerce and Industry, the Russian Embassy, and various Russian companies, including Rostec, Rosatom, and Uralvagonzavod. The Indian delegation was led by Raghavendra Hanumante, Joint Secretary, Department of Heavy Industry, while the Russian delegation was headed by Alexei Semenov, Director, Department of International Cooperation, Rostec.
During the session, the officials reviewed the progress made in various areas of cooperation and identified new opportunities for collaboration. The talks focused on enhancing synergies between the two nations in sectors such as aerospace, mining, and fertilizers, where India and Russia have a long history of cooperation.
In the aerospace sector, the two nations are working together to develop joint projects, including the development of the Sukhoi Su-30MKI fighter jet and the MiG-29K naval fighter jet. The Indian Air Force has been the primary user of the Sukhoi Su-30MKI, which has been an integral part of the country’s air defense system.
The mining sector is another area where India and Russia have been cooperating closely. Russian companies such as Rostec and Rosatom have been involved in various mining projects in India, including the development of iron ore and coal mines.
In the fertilizers sector, the two nations have been working together to develop joint projects, including the development of a new fertilizer complex in India. The project, which is expected to be completed by 2025, will have a production capacity of 2.5 million metric tons of fertilizers per annum.
In addition to these sectors, the two nations also discussed cooperation in advanced technologies such as 3D printing. The Indian government has been promoting the use of 3D printing technology in various sectors, including aerospace and automotive, and Russian companies such as Rostec are also involved in this area.
The session ended with the signing of a protocol, reaffirming both nations’ commitment to strengthen industrial ties. The protocol outlines the areas of cooperation and the steps that need to be taken to achieve the goals set out in the document.
The signing of the protocol is a significant step forward in the cooperation between India and Russia in the industrial sector. It demonstrates the commitment of both nations to strengthen their ties and to work together to achieve common goals.
The protocol also outlines the role of the two nations in promoting each other’s interests in international forums. The two nations have a long history of cooperation in international organizations such as the United Nations and the G20, and they are expected to continue to work together in these forums to promote their common interests.
In conclusion, the 11th Working Group Session on Modernisation & Industrial Cooperation between India and Russia was a significant step forward in strengthening bilateral ties in key sectors. The session demonstrated the commitment of both nations to cooperate and to work together to achieve common goals. The signing of the protocol is a significant step forward in this direction, and it outlines the areas of cooperation and the steps that need to be taken to achieve the goals set out in the document.
Source: https://www.refersms.com/india-russia-boost-ties-in-key-sectors/
