The Minister of State (Independent Charge) for Commerce & Industry, Nirmala Sitharaman to lead the delegation of over 110 Indian companies which showcase India’s engineering prowess at the Russian engineering and technology event under the Brand India Engineering campaign.
Speaking on this occasion, Smt. Sitharaman said, “Historically, Russia and India have enjoyed long-standing cultural and strategic ties. India’s partnership at INNOPROM provides a significant opportunity to sustain, expand and further develop the privileged strategic partnership between the two countries
India is the partner country for ‘INNOPROM 2016. INNOPROM, one of the largest annual international industrial trade fair of Russia, organized to showcase engineering innovations from across the world will start on July 10, 2016 in EKATERINGBURG.
- The main aim of the exhibition is to bring all the important components to improve efficacy under one roof.
- India participation is being organized by EEPC India with branding support from the India Brand Equity Foundation (IBEF). India and Russia have set the goal of boosting bilateral trade to US$ 30 billion and mutual investment to US$ 15 billion by 2025.
- Russia is the first country to have agreed to invest under the ‘Make in India’ umbrella in two key strategic sectors – nuclear and defence.
- In this event ; Apart from the large, medium and small Indian companies participating in the event, states like Maharashtra, Gujarat, Jharkhand, Rajasthan, Himachal Pradesh and Andhra Pradesh are also going to showcase their industrial strengths.
- Mr Devendra Fadnavis, Chief Minister of Maharashtra, Mr N Chandrababu Naidu, Chief Minister of Andhra Pradesh, Ms Vasundhara Raje, Chief Minister of Rajasthan will lead their state delegations.
- Central government departments including Heavy Industries, Electronics and IT, Ministries of Power, Tourism and Renewable Energy, will also form part of the official delegation.