INDIA-RUSSIA MILITARY INDUSTRIAL CONFERENCE
Minister of Defence, Finance and Corporate Affairs Arun Jaitley while inaugurating the India-Russia Military Industrial Conference on March 17 said that relations with Russia are a key pillar of India’s foreign policy and Russia has been India’s long-standing time-tested strategic partner for the last 70 years. The Minister stated that since the signing of the India-Russia Strategic Partnership in 2000, ties between the two sides have reached new heights with enhanced level of cooperation in almost all areas including defence. Jaitley further added that India-Russia Military Technical Cooperation has graduated from a simple buyerseller relation to one involving joint research, development and production of advanced defence systems.
The Minister for Industry and Trade of Russian Federation, Denis Manturov, who jointly inaugurated the conference, also addressed the gathering. The conference was attended by more than 100 Russian and over 150 Indian industry representatives including small and medium enterprises (SMEs).