Mikhail Mishustin: “The President has set the task of increasing the share of Russian-manufactured electronic goods to 70 percent of the domestic market. I would like to remind you that it totalled about 53 percent in late 2024.”
Mikhail Mishustin chairs meeting on the development of the electronic and radio-electronic industry
Mikhail Mishustin’s opening remarks: Good afternoon, colleagues,
Today, we will discuss avenues to further develop the radio-electronic industry. This strategic sector is of major significance for strengthening the country’s industrial and technological sovereignty.
Quite recently, during the Russian Forum Microelectronics 2025, you and I had a detailed discussion of the current situation in this sphere. We also summed up the results of our extensive work, conducted in the past few years. We identified various challenges which should be dealt with. Measures, implemented by the President and the Government, strongly support the sector under foreign sanctions. Our main tools include subsidies for developing and manufacturing new types of goods. I would also like to mention programmes of the Industrial Development Fund and the cluster investment platform.
We help companies launch research and development projects for creating corporate solutions, first and foremost. We are providing favourable conditions for expanding and overhauling industrial capacities and increasing automation levels of technological lines.
In the past five years, we allocated over 500 billion roubles’ worth of budgetary funding for these purposes. I would like to recall that the draft federal budget stipulates an additional 250 billion-plus roubles over the next three years. We did not include private investment, to be spent on projects in this field.
At the same time, industry growth indicators, posted over the last few years, remain a significant factor.
Of course, we need to have additional incentives for involving businesses in these complicated and science-intensive projects.
The President has set the task of increasing the share of Russian-manufactured electronic goods to 70 percent of the domestic market. I would like to remind you that it totalled about 53 percent in late 2024.
To achieve this goal, we have to focus our efforts on developing cutting-edge technologies and infrastructure so as to manufacture a wide range of radio-electronic goods.
We should prioritise the expansion of operational sites for mass-producing electronic components. We should work seriously on demand-related issues. Current demand is a also highly complicated challenge for the industry.
Mastering production of microchips with modern layout rules is our next objective.
Colleagues,
Today, I suggest discussing additional decisions to support the electronic industry and to raise the share of locally produced equipment used in key sectors of our economy. I repeat, this is very important while ensuring guaranteed demand for Russian-manufactured integral electronic goods.