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New Delhi: Secretary, Department of Industrial Policy and Promotion, Government of India, Ramesh Abhishek led the Indian delegation at  the 5th meeting of the India-Russia Working Group on Modernization and Industrial Cooperation  held in New Delhi on August 18 and held discussions with the Russian delegation headed by Alexander Potapov, Deputy Minister of Industry & Trade, of the Russian Federation.

The talks were held in a constructive atmosphere and both sides acknowledged their mutual interest in further strengthening and expanding bilateral cooperation between Russian and Indian companies in different sectors. Both sides also took note of the discussions held during the meeting of sub-groups on Modernization, Mining, Fertilizers and Civil Aviation.  In the civil Aviation sector, Russian side declared its readiness to participate in the “Make in India” programme to develop technological and production capabilities of the Indian side in this field and potential supplies of the jointly produced equipment to third countries.

Both sides also identified specific areas of cooperation in the field of mining and metallurgy. The Indian side expressed interest in joint development of coal fields and iron ore mines in Russia.

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