To speed up the localization of key automobile components produced in Russia, the plan calls for a substantial investment from the federal budget, reaching up to 300 billion rubles. This funding would support a comprehensive program spread over 2023 to 2025, aimed at accelerating the domestic manufacture of critical automotive parts, according to reports cited by TASS and aligned with the strategy for developing Russia’s automotive industry through 2035. The push reflects a coordinated effort to strengthen supply chains, reduce dependence on imports, and bolster domestic industrial capacity during a pivotal period of growth and modernization in the sector.
Officials note that the strategy outlines the required financial backing to reach its target indicators. The document discusses channeling up to 300 billion rubles from federal budget allocations to fast‑track localization efforts, ensuring a robust foundation for the industry’s expansion through 2023–2025. This level of funding is presented as essential to implementing the broader program and achieving the planned improvements in domestic production capabilities and technological self sufficiency within the automotive supply chain.
Information about the document’s approval has appeared on the government website, signaling formal backing for the outlined reforms. The strategy sets an ambitious goal of capturing an 83% share of the domestic automobile market by 2035, reflecting a commitment to strengthening Russia’s automotive sector and creating a resilient, domestically oriented ecosystem for vehicle manufacture and related components. The plan emphasizes long‑term resilience, modernization of production facilities, and enhancements in quality and efficiency across the value chain, with measurable milestones to track progress toward the 2035 objective.
Beyond domestic growth, the strategy identifies key regions for expansion of Russia’s automobile exports. The emphasis falls on European Union countries, but it also highlights opportunities across Africa, Asia, and Latin America. This diversified export focus aims to expand market access, diversify demand, and support the scale and competitiveness of Russian automotive products on global markets, reinforcing the industry’s strategic role in the country’s economic development and international trade posture.