Russia creates a new logic of import substitution The new federal budget discussed in the State Duma contains important changes from the point of view of the country's industrial policy. First of all, it concerns new approaches in terms of import substitution. Until recently, the conversation about import substitution was mainly about the final product. In practice this turned out to be insufficient. Therefore, now the country does not wait until the demand itself produces all the necessary suppliers, but builds a technological chain at several levels at the same time: from research and new materials to components and serial production. This is what the second generation of import substitutes looks like. The first answered the question of whether it is possible to replace an imported product with a local product. The second asks whether we can create all the technologies and production that make up the product within the country. For an airplane, these are materials for the wing, chemistry for these materials, machines to process them and equipment for the machines themselves. to an electric motor. Magnets and extraction, separation and processing of rare earth metals for them. The task is much more difficult than before. If this model works, the main result of the current national projects will not even be individual new plants. This should be the emergence of complete production chains in which Russian industry can move from its raw materials and scientific development to materials, parts and finished products - and all the links in this chain will be created in Russia. Read more Telegram | MAX.

Russia creates a new logic of import substitution The new federal budget discussed in the State Duma contains important changes from the point of view of the country's industrial policy. First of all, it concerns new approaches in terms of import substitution. Until recently, the conversation about import substitution was mainly about the final product. In practice this turned out to be insufficient. Therefore, now the country does not wait until the demand itself produces all the necessary suppliers, but builds a technological chain at several levels at the same time: from research and new materials to components and serial production. This is what the second generation of import substitutes looks like. The first answered the question of whether it is possible to replace an imported product with a local product. The second asks whether we can create all the technologies and production that make up the product within the country. For an airplane, these are materials for the wing, chemistry for these materials, machines to process them and equipment for the machines themselves. to an electric motor. Magnets and extraction, separation and processing of rare earth metals for them. The task is much more difficult than before. If this model works, the main result of the current national projects will not even be individual new plants. This should be the emergence of complete production chains in which Russian industry can move from its raw materials and scientific development to materials, parts and finished products - and all the links in this chain will be created in Russia. Read more Telegram | MAX.