India–Russia Announce Pharma Plant and Joint Fertiliser Production

India and Russia have unveiled new co-production initiatives following talks between Prime Minister Narendra Modi and President Vladimir Putin in New Delhi. The joint statement emphasises deeper industrial collaboration, with plans for India to establish a large pharmaceutical factory in Russia and for both nations to jointly manufacture urea, strengthening long-term economic ties.

India to Build Pharmaceutical Factory in Russia

Putin confirmed that India will set up a major pharmaceutical facility to produce high-quality medicines, including advanced anti-tumour drugs. The project will use Indian technology and support Russia’s drive to expand domestic medical production. The initiative forms part of a broader industrial partnership under which Russian companies will participate in manufacturing projects aligned with India’s Make in India programme.

Joint Urea Production to Boost Food Security

Modi announced that India and Russia will collaborate on fertiliser manufacturing, with a focus on urea, an area where Russia is a leading global producer. The partnership aims to secure stable supply chains for India’s agriculture sector. Both sides also reaffirmed efforts to expedite a Free Trade Agreement with the Eurasian Economic Union to improve market access.

Co-Production Model as Future of Bilateral Cooperation

The leaders highlighted a co-production framework centred on joint manufacturing, export-oriented output, technology transfer, and shared R&D. The India–Russia Business Forum will guide this approach, strengthening commercial linkages across sectors such as aerospace, industrial goods, and pharmaceuticals. Recent agreements — including the HAL-UAC collaboration to produce SJ-100 civilian aircraft in India — reflect the growing push for shared industrial capabilities.

Exam Oriented Facts

• India will build a large pharmaceutical factory in Russia using Indian technology.
• Both countries will jointly produce urea to enhance fertiliser security.
• The cooperation aligns with the Make in India programme and the co-production model.
• India and Russia are working toward an FTA with the Eurasian Economic Union.

Economic Engagement Strengthened Through Leadership Dialogue

Modi said the new initiatives will expand exports and innovation while opening fresh opportunities for industries in both countries. Putin noted that Russian enterprises will support industrial projects in India and emphasised the strategic value of joint production. The announcements underscore a broad commitment to developing resilient supply chains and deepening long-term economic cooperation.