The article discusses how Russia's economy has shifted away from industry, focusing on the machine-tool sector. It explains reindustrialization as a way to modernize and innovate the economy, drawing on examples from the US and Europe, especially Germany. The comparison between Germany and Russia shows the importance of industrial policy in boosting economic growth. Recommendations are made for Russia to follow Germany's lead in developing its industrial sector. Reindustrialization is seen as crucial for Russia's economic progress.