Delivery of import-substituting electronic parts to Russian machine-building sector to begin by yearend - minister

MOSCOW. May 17 (Interfax) - Russian enterprises will begin the delivery of certain radio-electronic products, which substitute imported goods, to the domestic machine-building sector by the end of 2022, Russian Industry and Trade Minister Denis Manturov told reporters, adding that industry actors had recently agreed on the unification of requirements for radio-electronic products.

"We believe that the substitution of imports will be accomplished in new areas by the end of this year and the deliveries to our consumers will begin," Manturov said.

Speaking of a deficit of electronic car parts a year ago, Deputy Industry and Trade Minister Vasily Shpak said that the substitution of imported electronic parts would begin by the end of 2022.

"We are working in this area, and our plans are unchanged. We rely on the demand from our consumers, first and foremost, car makers and other industries actively using electronic and radio-electronic parts in their end products. This includes road construction machines, transport engineering, food industry machine building, and other machine building sectors," Manturov said on Tuesday.

"Our electronic industry is working on this," he said.

This is a matter of supply of new products besides those "traditionally manufactured by our companies. For instance, about 15 companies make radio-electronic parts for the car industry alone, they have traditionally supplied their products to AvtoVAZ, GAZ, UAZ, and even foreign brands, and have localized their products," he said.

Manufacturers and consumers of radio-electronic products agreed this year to begin production of unified, standard goods, Manturov said. "Most importantly, I should say that we gathered key consumers and our manufacturers of radio-electronic products in March and decided to unify basic radio-electronic components in order to scale up serial production and to ensure the efficiency of projects," he said.

There are government programs supporting manufacturers of electronic products, Manturov said. "In particular, we are providing support through preferential loans from the Industrial Development Fund and compensation of R&D costs - we have a separate program for the radio-electronic industry," he said.