Industries of Russia

The infrastructure of Russian industry, which is also a branch of the economy, is divided into two groups: mining and processing. Each industrial group, in turn, is divided into various industries.

Mining and processing industry groups

What is the industry? The branch in industry is called separately an existing set of enterprises operating on the basis of the same technologies, producing homogeneous products and having a certain range of customers.

Thus, the extractive industry consists of industries for the extraction of metallic ores, gas, shales, peat, oil, coal, etc. This also includes such industries as water supply, seafood extraction, forestry, hydroelectric power stations.

The recycling industry also has many branches. These are such industries as the production of chemicals, rolled metal, metallurgy, woodworking, pulp and paper, food, light, film industry. And also thermal power stations, mechanical engineering, shipbuilding, automotive industry, military-industrial complex.

Russian industry

If we talk in general about the industry of Russia, it should be noted that its share in 2009 in the total domestic gross product was 37%. And the employment of the population in the industrial sphere in 2008 was within the range of 31.9%. These figures characterize a fairly high level of total production in the country.

The main focus of the Russian state at the moment is on the development of basic industrial sectors and increasing their competitiveness in the world market. The complex development of the domestic economy has always relied on such industries of Russia as machine-tool production, power, heavy, oil and gas, transport engineering, and mining and metallurgy.

To support the increase in exports of Russian industrial products, a policy is currently being made to equalize the competitive conditions for the entry of domestic and imported goods on the Russian market. And also conditions are created for the export promotion of Russian goods.

State measures to stimulate industrial growth

For this purpose, the state provides for the introduction of a number of measures to regulate customs tariffs, including the adjustment of import duties for equipment and machinery, if similar types of these products are produced by Russian industry.

Also various projects on long-term state crediting of enterprises from budgetary funds, as well as profitable schemes of leasing acquisition of technological equipment, including a variant of a partial payment by the state of a leasing payment, have also been developed. This ensures the stimulation, therefore, of investments in the development of new industries, the modernization of technological processes and the creation of new technologies.

In order to stimulate the development of each industry, the draft provides for discussion of the tax incentive system, which provides for the introduction of a number of tax incentives for industrial production.

Thus, in the light industry, as well as in the food industry, thanks to the policy of state stimulation and the creation of favorable market conditions, in 2012 the growth rates of production growth were maximized. There has been a trend of a significant increase in orders for the export of consumer goods. And in investment goods there was a slight decrease in requirements. The situation created on the Russian market uniquely contributes to the stabilization of the domestic economy and the creation of a favorable opportunity for expanding and developing the domestic production infrastructure.