PM Narendra Modi and President Vladimir Putin Visit Inaugural...
On the sidelines of the 18th BRICS Summit, Prime Minister Narendra Modi and Russian President Vladimir Putin jointly visited the first 'INNOPROM India'...
By GT24x7 Reporter··GlobalToday24x7
Prime Minister Narendra Modi and President of the Russian Federation Vladimir Putin jointly visited the International Industrial Trade Fair "INNOPROM India" on Friday, September 11, 2026, at the Bharat Mandapam convention complex in Pragati Maidan, New Delhi. Organized on the sidelines of the 18th BRICS Summit, the visit followed extensive bilateral talks between the two leaders reviewing political, economic, defence, energy, and scientific cooperation. Following their formal delegations meeting, both heads of state shared a vehicle ride across the complex to inspect the exhibition halls, highlighting the sustained diplomatic and personal rapport between New Delhi and Moscow.
Organized jointly by the Russian Ministry of Industry and Trade and India’s Ministry of Commerce and Industry, the inaugural Indian edition of Russia's premier flagship industrial expo marks a historic milestone in economic engagement between the two nations. The multi-day industrial forum convenes over 130 corporate entities, specialized manufacturers, technology developers, and engineering consortiums representing both countries, creating a direct business-to-business (B2B) interface to diversify bilateral trade beyond traditional commodity and energy corridors.
Industrial Focus and Strategic Economic Roadmaps
The exhibition showcased breakthroughs across high-value industrial sectors, reflecting the joint economic ambition to raise annual trade volumes to $100 billion by 2030:
* Cross-Sectoral Engineering Innovations: Displays focused on heavy machine-building, industrial chemicals, advanced metallurgy, digital industrial applications, and extractive technologies tailored to modernize supply chains.
* Participation of 130+ Enterprises: More than 130 Indian and Russian companies exhibited state-of-the-art manufacturing capabilities, facilitating commercial joint ventures, technology licensing, and component localization.
* Special Cultural & Industrial Stands: Among the key highlights was the National Centre RUSSIA pavilion, which presented traditional regional craftsmanship alongside advanced models of upcoming infrastructure and industrial projects.
Geopolitical and Multilateral Context
During their walkthrough, Prime Minister Modi and President Putin interacted directly with industry captains, innovators, and enterprise delegations from both sides. Indian and Russian trade officials noted that institutional platforms like INNOPROM serve as critical catalysts to resolve supply chain friction, harmonize commercial standards, and accelerate settlements utilizing local currencies.
The joint visit reinforced the resilient foundation of the "Special and Privileged Strategic Partnership" between India and Russia against the wider backdrop of the expanded 11-member BRICS summit. Both leaders affirmed that mutual industrial cooperation remains a central stabilizing pillar for long-term economic development, technological autonomy, and shared growth across the Global South.