In a significant move, India and Russia signed a protocol at the 11th Working Group session to enhance collaboration in key sectors like aluminium, fertilizers, railways, aerospace, and mining technologies.
Reinforcing Strategic Economic Ties
The co-chairs, Amardeep Singh Bhatia from India’s DPIIT and Alexey Gruzdev from Russia’s Ministry of Industry and Trade, led the session at Vanijya Bhawan in New Delhi. More than 80 delegates participated, including government officials and industry experts.
Key Focus Areas for Collaboration
The two countries discussed various areas for cooperation:
- Aluminium production and processing
- Fertilizer supply chains and technologies
- Railway infrastructure and modern transport systems
- Mining and resource extraction technologies
- Emerging areas like aerospace tech, carbon fibre development, additive manufacturing, and 3D printing
They also explored joint projects related to small aircraft piston engines, wind tunnel testing facility, rare earth extraction, and underground coal gasification.
A Shared Vision for Industrial Modernization
The Ministry of Commerce emphasized the aim to expand industrial cooperation and enhance technological innovation through the signed protocol. This move will facilitate technology transfer and bilateral investments in strategic sectors.
Strategic and Economic Implications
The session underscores the commitment of both nations to strengthen economic ties amid changing global dynamics. The collaborative projects align with India’s manufacturing ambitions and Russia’s focus on technological advancement.
Key Takeaways for Competitive Exams
- India and Russia signed a protocol to deepen industrial cooperation at the 11th Working Group session.
- Key focus areas include aluminium, fertilizers, railways, aerospace, and mining technologies.
- The protocol aims to enhance technology transfer and bilateral investments in strategic sectors.
- This move reflects the shared vision of both countries to boost industrial modernization and strengthen economic ties.
