India-Russia Joint Committee on Science & Tech Cooperation holds meeting

The India-Russia Joint Committee on Science & Tech Cooperation today held its first meeting that was co-chaired by Defence Minister Arun Jaitley and Russian Dy PM Dmitry Rogozin.The meeting was held along with 5th edition of TECHNOPROM — an annual forum focussing on innovation & tech. The forum on the role of defence manufacturing under the “Make in India” imitative and potential for India-Russia partnerships within this framework.

Russia has launched a “Do It In Russia” initiative to promote local manufacturing & tech development, as well as ‘dual purpose industrialization’ wherein Russian firms are being encouraged to manufacture items for civil industrial use.Addressing TECHNOPROM, Russian Dy PM repeatedly praised PM Modi’s Make in India initiative and described it as an inspiration for Russia to launch its own version of a drive to enhance industrialization.It was agreed that there was enormous scope for cooperation within this framework for Indian & Russian industries & tech firms by being part of supply chains as well as partnerships in production.

The Joint Science & Tech Committee meeting finalised range of bilateral areas of cooperative projects including space & marine technologies, IT, deep ocean engineering as well as modelling & simulation.

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