Engineering development state and trends in Russia
The possibility of the renewal of the manufacturing industry and the modernization of the Russian machine building is considered. There is a conclusion that the problem is not restricted by financial resources: the development and implementation of the correct industrial policy at the state level is equally important. Due to severe competition of powerful foreign machine building corporations it is necessary to renovate domestic machine building, consolidate assets, strengthen vertical integration, develop modern forms of Research and Development organization and production. It is necessary to analyze the options of machine building sub-sectors development.