India and Russia Announce Major Co-Production Projects in Pharma and Fertilisers
India and Russia have unveiled a fresh wave of industrial partnerships following high-level talks between Prime Minister Narendra Modi and President Vladimir Putin in New Delhi. The new initiatives mark a significant shift toward a long-term co-production model aimed at enhancing manufacturing capabilities, technology sharing and economic security for both nations.
India to Establish a Large Pharmaceutical Facility in Russia
A key highlight of the announcement is India’s plan to build a major pharmaceutical factory within Russia. President Putin confirmed that the facility will manufacture a wide range of medicines, including advanced anti-tumour drugs , leveraging Indian technological expertise. The project is expected to strengthen Russia’s domestic drug production capacity while boosting India’s global footprint in the pharmaceutical sector. It also aligns with broader industrial collaboration under which Russian firms will participate in joint manufacturing projects in India.
Joint Urea Manufacturing to Secure Fertiliser Supply Chains
Prime Minister Modi announced that India and Russia will jointly produce urea , tapping Russia’s strong capabilities as one of the world’s leading fertiliser suppliers. The initiative is designed to ensure predictable and stable supplies for India’s agriculture sector. Both countries reaffirmed their commitment to fast-tracking discussions on a Free Trade Agreement with the Eurasian Economic Union to improve access to markets and raw materials.
Expanding the Co-Production Framework
The leaders described co-production as the future pillar of bilateral economic cooperation. The model emphasises joint manufacturing, R&D collaboration, export-oriented production and technology transfer . The India–Russia Business Forum will drive sectoral coordination, with ongoing projects — such as the HAL-UAC agreement to produce SJ-100 civilian aircraft in India — demonstrating the growing momentum of industrial partnerships.
Exam Oriented Facts
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India will establish a large pharmaceutical plant in Russia using Indian technology.
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Both countries will jointly manufacture urea to strengthen fertiliser security.
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The cooperation aligns with the Make in India programme and the co-production model.
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India and Russia are fast-tracking an FTA with the Eurasian Economic Union.
Strengthening Long-Term Economic Ties
Modi noted that the new initiatives would enhance innovation, boost exports and open new industrial opportunities in both nations. Putin highlighted that Russian enterprises are ready to support Indian manufacturing efforts. Together, these announcements demonstrate a shared commitment to building resilient supply chains , expanding industrial capabilities and deepening strategic economic engagement.
Month: Current Affairs - December 05, 2025
Category: ndia–Russia economic relations