India, Russia hold talks to boost industrial and tech ties
In a significant development, India and Russia recently held the 11th Working Group Session on Modernisation & Industrial Cooperation in New Delhi, aimed at strengthening their industrial and technological ties. The session brought together around 80 delegates from both nations to discuss progress and explore collaboration in key sectors such as aerospace, mining, fertilizers, railways, and advanced technologies like 3D printing.
The meeting served as a platform for officials to review the current state of bilateral cooperation and identify new areas of cooperation to drive mutual growth and development. The Indian delegation was led by Saurabh Kumar, Secretary (Economic Relations) in the Ministry of External Affairs, while the Russian delegation was headed by Igor Morgulov, Deputy Minister of Industry and Trade.
During the session, both sides discussed the progress made in various sectors and identified opportunities for further collaboration. The talks focused on areas such as aerospace, where India and Russia are already cooperating on several projects, including the development of the Indian Space Research Organisation’s (ISRO) Gaganyaan spacecraft. The two countries also explored ways to enhance their cooperation in mining, fertilizers, and railways, which are critical sectors for their respective economies.
In addition to these traditional areas of cooperation, the session also delved into advanced technologies like 3D printing, which has the potential to revolutionize manufacturing processes and create new opportunities for both nations. The Indian delegation shared their experiences and expertise in 3D printing, while the Russian delegation highlighted their achievements in the field and explored ways to collaborate on joint projects.
The talks concluded with the signing of a protocol, reaffirming both nations’ commitment to strengthening their industrial ties. The protocol outlines the roadmap for cooperation in various sectors and provides a framework for both countries to work together on joint projects and initiatives.
The 11th Working Group Session on Modernisation & Industrial Cooperation is a significant development in the India-Russia relationship, which has been growing steadily over the years. The two countries have been cooperating closely in various sectors, including defense, nuclear energy, and space exploration. Their industrial and technological ties have been a key area of focus, with both sides recognizing the potential benefits of collaboration in driving economic growth and development.
India and Russia have been working together to develop the Indian military’s capabilities, with Russia being one of the country’s largest defense partners. The two countries have been cooperating on various defense projects, including the development of the Indian military’s aircraft carrier, the INS Vikrant, and the supply of advanced fighter jets and other military equipment.
In the nuclear energy sector, India and Russia have been cooperating on several projects, including the construction of the Kudankulam Nuclear Power Plant in Tamil Nadu. The plant is one of the largest nuclear power plants in India and is expected to generate 2,000 MW of electricity.
In space exploration, India and Russia have been cooperating on several projects, including the development of the Gaganyaan spacecraft, which is India’s first crewed spacecraft. The spacecraft is expected to be launched in 2022 and will carry three Indian astronauts on a 7-day mission to space.
The India-Russia relationship has been growing steadily over the years, driven by their shared interests in promoting economic growth and development. The two countries have been cooperating closely in various sectors, including trade, investment, and technology. Their industrial and technological ties have been a key area of focus, with both sides recognizing the potential benefits of collaboration in driving economic growth and development.
In conclusion, the 11th Working Group Session on Modernisation & Industrial Cooperation between India and Russia is a significant development in their relationship. The session has reaffirmed both nations’ commitment to strengthening their industrial ties and has outlined the roadmap for cooperation in various sectors. The India-Russia relationship has been growing steadily over the years, driven by their shared interests in promoting economic growth and development. Their industrial and technological ties have been a key area of focus, with both sides recognizing the potential benefits of collaboration in driving economic growth and development.
Source: https://www.refersms.com/india-russia-boost-ties-in-key-sectors/
