India, Russia hold talks to boost industrial and tech ties
India and Russia have been strengthening their industrial and technological ties for several years, and the latest development in this regard is a significant step forward. The 11th Working Group Session on Modernisation & Industrial Cooperation was held in New Delhi, where officials from both countries discussed the progress made so far and explored new areas of collaboration.
The session was attended by around 80 delegates from various sectors, including aerospace, mining, fertilisers, railways, and advanced technologies like 3D printing. The meeting aimed to identify areas where both countries can work together to achieve mutual benefits and strengthen their industrial ties.
India and Russia have a long history of cooperation in various sectors, including defense, energy, and space exploration. However, in recent years, they have been focusing on expanding their cooperation in key sectors like aerospace, mining, and fertilisers.
One of the key areas where India and Russia are looking to collaborate is in the aerospace sector. The Indian space agency, ISRO, and Russia’s space agency, Roscosmos, have been working together on several projects, including the development of a new generation of rockets. The two countries are also expected to sign a deal on the joint production of a new fighter jet.
In the mining sector, India and Russia are looking to collaborate on the extraction of rare earth minerals and other strategic metals. The two countries have also agreed to cooperate on the development of new technologies for the mining sector, including the use of artificial intelligence and robotics.
Another area where India and Russia are looking to collaborate is in the fertiliser sector. The two countries have agreed to cooperate on the development of new fertiliser production technologies and to increase the use of organic fertilisers. This is expected to help reduce the environmental impact of fertiliser production and promote sustainable agriculture practices.
The railways sector is another area where India and Russia are looking to collaborate. The two countries have agreed to cooperate on the development of new rail technologies, including the use of advanced signalling systems and high-speed trains. This is expected to improve the efficiency and safety of rail transportation in both countries.
Advanced technologies like 3D printing are also an area of focus for India and Russia. The two countries have agreed to cooperate on the development of new 3D printing technologies and to increase the use of additive manufacturing in various sectors, including aerospace and healthcare.
The session ended with the signing of a protocol, reaffirming both nations’ commitment to strengthening their industrial ties. The protocol outlines the areas where India and Russia will work together to achieve mutual benefits and strengthen their industrial cooperation.
The signing of the protocol is a significant step forward in the strengthening of India-Russia industrial ties. It demonstrates the commitment of both countries to working together to achieve mutual benefits and to promoting economic growth and development.
In conclusion, the recent talks between India and Russia on modernisation and industrial cooperation are a significant step forward in the strengthening of their industrial ties. The two countries have identified several areas where they can work together to achieve mutual benefits and strengthen their industrial cooperation. The signing of the protocol is a significant step forward in this regard and demonstrates the commitment of both countries to working together to achieve mutual benefits.
Source: https://www.refersms.com/india-russia-boost-ties-in-key-sectors/
