Russia is increasing the production of means of production – machine tools. Thus, according to Rosstat, in March, 704 metal-cutting machine tools were manufactured (6.1% more than in March 2022) and 1.3 thousand forging and pressing machines (42.3% more than in the same period last year). The production of working interchangeable tools for machine tools and hand tools increased slightly (by 0.3%), but still.
Last year, amid sanctions, major machine tool manufacturers from Japan, the United States, and Europe left Russia, although the import of machine tools from China did not stop: in 2022, products from China accounted for more than 91% of import supplies.
To solve the problem of the shortage of means of production, the Russian authorities are going to relaunch a federal project to develop the machine tool industry. "Our goal is to establish our own production of all the necessary equipment, tools, and components that are not inferior to world standards," said the Chairman of the Government of the Russian Federation, Mikhail Mishustin.
"Today, the industry [machine tool industry] is in a unique position in terms of the attention that the state has paid through the mechanism of forming a federal project," says Georgy Samodurov, President of the Stankoinstrument Association. According to him, "the industry has not experienced such large-scale attention" in all previous Russian history".