The Russian President Vladimir Putin went on an inspection tour to Vologda where he held a meeting on light industry and supplying it with raw materials. He also visited a textile company in Vologda toured the spinning weaving and finishing shops th

Sunday 17th March, 2013

by Olivia Kroth Afterwards, President Putin visited the light industry products exhibition. At the meeting he said, “Today we are meeting in Vologda, one of the traditional centres of Russia’s light industry. Overall, light industry output has been constantly growing in recent years. The light industry market is worth about 2.8 trillion rubles, but the share of Russian products is only about 25 percent.” The President expressed his worries about this low number, ‚ÄěRussia’s light industry has to develop more dynamically, to upgrade its fixed assets and significantly increase its productivi…

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