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, aiming to strengthen the industrial and technological ties between the two nations. The session, which saw the participation of around 80 delegates, focused on discussing the progress made so far and exploring new areas of cooperation in key sectors such as aerospace, mining, fertilizers, railways, and advanced technologies like 3D printing.
The meeting was a significant step forward in the efforts to enhance the industrial cooperation between India and Russia, which has been a cornerstone of their bilateral relationship for decades. The two nations have been working together on various projects, including the development of nuclear reactors, railways, and aerospace systems.
The session was chaired 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 relevant government agencies. The delegation from Russia was led by Sergey Kirienko, the Director General of the Russian State Corporation for Atomic Energy.
The discussions during the session focused on several key areas, including the progress made in the implementation of the previously agreed upon projects and agreements. The officials also explored opportunities for collaboration in new areas, such as the development of advanced technologies like 3D printing and artificial intelligence.
One of the key areas of focus was the aerospace sector, where India and Russia are working together to develop the fifth-generation fighter jet, the FGFA (Fifth-Generation Fighter Aircraft). The project, which was initiated in the early 2000s, aims to develop a state-of-the-art fighter jet that can compete with the best in the world. The two nations have already made significant progress in the development of the FGFA, and the session provided an opportunity for the officials to review the progress made so far and discuss the future roadmap for the project.
Another area of focus was the mining sector, where India and Russia are exploring opportunities for cooperation in the extraction of minerals such as coal, iron ore, and copper. The two nations also discussed opportunities for collaboration in the fertilizer sector, where they are working together to develop new technologies and products.
The session also saw discussions on the railway sector, where India and Russia are working together to develop high-speed rail corridors and other railway projects. The two nations are also exploring opportunities for cooperation in the advanced technologies sector, including the development of 3D printing and artificial intelligence.
The session ended with the signing of a protocol, which reaffirmed the commitment of both nations to strengthen their industrial ties. The protocol outlined the key areas of cooperation and the next steps for the implementation of the projects and agreements.
The 11th Working Group Session on Modernisation & Industrial Cooperation was a significant step forward in the efforts to enhance the industrial cooperation between India and Russia. The session provided an opportunity for the officials from both nations to discuss the progress made so far and explore new areas of cooperation. The signing of the protocol has reaffirmed the commitment of both nations to strengthen their industrial ties and has paved the way for new collaborations in key sectors.
Source: https://www.refersms.com/india-russia-boost-ties-in-key-sectors/
