The draft consolidated strategy for advancing Russia’s manufacturing sector through 2024 and 2035 was slated for submission to the government by 20 July. The document outlines a plan to align industrial growth with evolving economic goals, technological shifts, and global market changes. The initiative reflects a broad effort to modernize production capabilities, upgrade infrastructure, and strengthen the resilience of the industrial base in response to both domestic priorities and external pressures.
During the briefing, Prime Minister Mikhail Mishustin emphasized the need to refresh the consolidated strategy. He noted that current conditions present new challenges and urgent tasks that must be incorporated into the plan to ensure it remains relevant and effective over the coming decade. The update is intended to provide clear guidance for public investments, policy instruments, and sector-specific measures that can accelerate the pace of industrial development while maintaining fiscal responsibility.
Two ministries—the Ministry of Industry and Trade and the Ministry of Economic Development—were designated as the primary executors of this update. Their collaboration is expected to unify policy signals, streamline project evaluation, and track progress against key performance indicators. By centralizing leadership within these ministries, the government aims to reduce friction between planning and execution, delivering a coherent set of reforms that support manufacturing competitiveness across regions.
As part of the proposal process for national projects, these ministries were also instructed to embed indicators tied to intensive development of the industrial sectors. This approach prioritizes higher output, greater value-added activities, and stronger integration of advanced technologies into production lines. It also seeks to align project metrics with long-term goals for productivity, export capacity, and employment stability, ensuring that investments yield measurable gains for the broader economy.
In addition, the Ministries of Industry and Trade and Transport were tasked with resolving a key logistics and industrial interface: the establishment of long-term contracts between Russian Railways and enterprises operating in the transport engineering sector. The objective is to finalize these agreements by 20 June, creating predictable demand and supply conditions that enable manufacturers to plan capacity, secure financing, and deploy modern equipment within a stable framework. Such contracts are expected to spur innovation, drive efficiency, and support energy and cost savings across the transport corridor network.
Earlier statements attributed the scale of investment necessary to energize the economy to private capital inflows. The government has highlighted a target of mobilizing substantial private funds—recent plans referenced an objective around ten trillion rubles—to accelerate the modernization of the manufacturing landscape. This level of investment is viewed as a catalyst for upgrading production capabilities, expanding high-value industries, and strengthening Russia’s position in strategic supply chains, both domestically and in international markets.