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State of Tripura
Tuesday, May 26, 2026

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India, Russia reaffirms to deepen industrial & economic cooperation 

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India and Russia today reaffirmed their strategic partnership and shared commitment to deepen industrial and economic cooperation. The two sides welcomed enhanced engagement in aluminium, fertilisers, and railway transport, alongside capacity building and technology transfer in mining sector equipment, exploration, and industrial and domestic waste management. This was discussed during the 11th Session of the India-Russia Working Group on Modernisation and Industrial Cooperation held in New Delhi under the framework of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation. During the session, both sides explored opportunities in rare earth and critical minerals extraction, underground coal gasification, and the creation of modern industrial infrastructure.
The session was co-chaired by Secretary of the Department for Promotion of Industry and Internal Trade Amardeep Singh Bhatia, and Russia’s Deputy Minister of Industry and Trade of the Russian Federation Alexey Gruzdev. The meeting concluded with the signing of the Protocol of the 11th Session by both co-chairs. It saw participation from around 80 delegates representing both sides, including senior government officials, domain experts, and representatives from industry. 

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