India, Russia Hold Talks to Boost Industrial and Tech Ties
The 11th Working Group Session on Modernisation & Industrial Cooperation between India and Russia recently took place in New Delhi, marking a significant step towards strengthening the industrial and technological ties between the two nations. The session brought together over 80 delegates from both countries to discuss the progress made so far and explore potential collaborations in key sectors.
The meeting was a crucial platform for officials from both sides to review the current state of cooperation and identify areas of mutual interest. The discussions focused on several key sectors, including aerospace, mining, fertilisers, railways, and advanced technologies like 3D printing.
Aerospace Cooperation
One of the primary areas of focus was aerospace cooperation. India and Russia have a long history of collaboration in this sector, with the Russian space agency Roscosmos and the Indian Space Research Organisation (ISRO) having signed several agreements in the past. The working group session saw officials discussing the possibility of joint ventures in the development of new aircraft and space-based technologies.
Mining and Fertilizers
The two nations also explored opportunities for collaboration in the mining and fertilizers sectors. Russia is one of the world’s largest producers of minerals, and India is a significant consumer of these resources. The working group session saw officials discussing the possibility of joint ventures in the extraction and processing of minerals, as well as the development of new fertilizers.
Railways
Another area of focus was the railways sector. India and Russia have a long history of collaboration in this sector, with the Russian Railways and the Indian Railways having signed several agreements in the past. The working group session saw officials discussing the possibility of joint ventures in the development of new rail technologies and the modernization of existing rail infrastructure.
Advanced Technologies
The working group session also saw officials discussing the possibility of collaboration in advanced technologies like 3D printing. 3D printing is a rapidly growing industry with immense potential for growth and development. The two nations could collaborate in the development of new 3D printing technologies and their applications in various industries.
Signing of Protocol
The 11th Working Group Session on Modernisation & Industrial Cooperation ended with the signing of a protocol, reaffirming both nations’ commitment to strengthening industrial ties. The protocol outlines the areas of cooperation and the potential collaborations between the two nations.
Conclusion
The 11th Working Group Session on Modernisation & Industrial Cooperation between India and Russia marked a significant step towards strengthening the industrial and technological ties between the two nations. The session saw officials from both sides discussing the progress made so far and exploring potential collaborations in key sectors. The signing of the protocol underscores the commitment of both nations to strengthen their industrial ties and explore new areas of cooperation.
Source:
https://www.refersms.com/india-russia-boost-ties-in-key-sectors/
