MOSCOW, Oct. 16 (Xinhua) -- Russia's defense industry should diversify into manufacturing civilian products in order to be financially stable, President Vladimir Putin said Wednesday.
"In addition to the main work and creating groundwork for new generation equipment, defense industry organizations are faced with large-scale tasks to increase the production of civilian and high-tech products, which are in demand and competitive both in our country and on world markets," Putin said at a meeting on a financial recovery program for defense industry organizations.
He said that a broad field for the sale of such products included medical, construction and road equipment, telecommunication systems and equipment for processing waste and garbage.
Putin said that experts estimated the demand for such products at around 6.2 trillion rubles (around 97 billion U.S. dollars), most of which should be met by domestic manufacturers.
