Industry of Russia

Infrastructure of the Russian industry, which is also a sector 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 group

What is the industry? Industry in the industry is called separately, the existing set of enterprises based on the same technologies that produce homogeneous products and have a certain circle of buyers.

So, the mining industry consists of industries for the extraction of metal ores, gas, oil shale, peat, oil, coal, etc. this includes such industries as water supply, production of seafood, forestry, hydro.

The processing Industry also is composed of a number of branches. It is such industries as the manufacture of chemicals, rental, metallurgy, woodworking, pulp and paper, food, light, film. As well as thermal power plants, mechanical engineering, shipbuilding, automotive, military-industrial complex.

The Russian industry

Speaking generally about the industry, it should be noted that its share in 2009 GDP was 37%. And employment in the industrial sector in 2008 was in the range of 31.9%. These figures show a fairly high level of total production in the country.

The focus of the Russian state currently pays to the development of basic industries and improving their competitiveness in the global market. Comprehensive development of the domestic economy has always relied on such branches of Russian industry, like machine tool manufacturing, energy, heavy, oil and gas, transport machinery and mining and metallurgical complex.

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To support the increase of exports of Russian industrial sectors, currently there is a policy of equalizing competitive conditions for domestic and imported goods on the Russian market. As well as the conditions for export promotion of Russian goods.

Government measures to stimulate industrial growth

This government introduced a number of measures for the settlement of customs tariffs, including adjustment of duties on imported equipment and machinery, if the same types of the products manufactured by the Russian industry.

Also developed a variety of projects on long-term lending to state enterprises from the budget, as well as advantageous leasing schemes of acquisition of technological equipment, including the option of partial payment of government lease payment. It provides incentives, so investment in the development of new industries, the modernization of technological processes and creation of new technologies.

To encourage the development of each industry are provided in the project to discuss the system of tax incentives, introducing a number of tax benefits for industrial enterprises.

So, in the sphere of light and food industry, thanks to the policy of state incentives and the creation of favorable market conditions in 2012 as increased rates of production growth. There has been a trend of significant increase in export orders for consumer goods. And in investment goods has been some decrease in requirements. The situation on the Russian market definitely contributes to the stabilization of the domestic economy and the creation of favorable opportunities for the expansion and development of domestic infrastructure industries.