This article provides an analysis of the processes of fixed capital reproduction in the industry of the Russian Federation in the context of ensuring technological sovereignty. A retrospective of the problem of underinvestment and physical depreciation of production assets is examined. Based on statistical data for 2020–2023, an analysis of the dynamics of investments in fixed capital, the degree of depreciation, and renewal rates of assets is conducted. A disproportion between the growth of industrial production and the pace of equipment modernization is revealed, as well as the dominance of enterprises' own funds in the structure of financing sources. In the final part, a structural-logistic scheme for stimulating investment activity is proposed, aimed at accelerating the renewal of the production base through industrial mortgage tools and depreciation policy.
А.А. Круть (Mon,) studied this question.