In­dia-Rus­sia Mil­i­tary In­dus­trial Con­fer­ence

SP's MAI - - MILITARY UPDATES -

Min­is­ter of De­fence, Fi­nance and Cor­po­rate Af­fairs Arun Jaitley while in­au­gu­rat­ing the In­dia-Rus­sia Mil­i­tary In­dus­trial Con­fer­ence said re­la­tions with Rus­sia are a key pil­lar of In­dia’s for­eign pol­icy and Rus­sia has been In­dia’s long-stand­ing time-tested strate­gic part­ner since 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 ac­quired 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 buyer-seller re­la­tion to one in­volv­ing joint re­search, de­vel­op­ment and pro­duc­tion of ad­vanced de­fence sys­tems. The BrahMos Mis­sile Sys­tem as well as the li­censed pro­duc­tion of Su-30 in In­dia are ex­am­ples of such flag­ship co­op­er­a­tion, he em­pha­sised. He called upon Rus­sian com­pa­nies to come for­ward for tech­nol­ogy trans­fer to In­dian com­pa­nies and fa­cil­i­tate man­u­fac­tur­ing of com­po­nents/ parts and sub­sys­tems at least for those cases where the re­quire­ment is in large num­bers and is re­cur­ring in na­ture. The Min­is­ter was of the opin­ion that there is tremen­dous po­ten­tial for col­lab­o­ra­tion be­tween In­dian and Rus­sian com­pa­nies for ex­port, so as to be­come part of the global sup­ply chain.

The Min­is­ter for In­dus­try and Trade of Rus­sian Fed­er­a­tion, De­nis Man­turov who jointly in­au­gu­rated the con­fer­ence also ad­dressed the gath­er­ing. About 150 rep­re­sen­ta­tives from Rus­sia are par­tic­i­pat­ing in the con­fer­ence which in­cludes over 100 rep­re­sen­ta­tives from its de­fence in­dus­try. Ma­jor Rus­sian com­pa­nies in­clude United Air­craft Cor­po­ra­tion, United En­gine Cor­po­ra­tion, RAC MiG, Rus­sian He­li­copters and Ural Vagon­za­vod. From the In­dian side over 100 pri­vate com­pa­nies in­clud­ing sev­eral SMEs have par­tic­i­pated.

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