Union Commerce and Industry Minister Shri Piyush Goyal and Russian Minister of Industry and Trade Mr. Anton Alikhanov visited the National Industrial Corridor Development Corporation Limited (NICDC) pavilion at Bharat Mandapam, New Delhi, on the second day of INNOPROM India 2026 exhibition following their bilateral meeting. The ministers were briefed on NICDC's key initiatives under the National Industrial Corridor Development Programme (NICDP), Industrial Smart Cities, PM MITRA Parks, Bharat Audyogik Vikas Yojna (BHAVYA), Industrial Corridor Land Platform (ICLP), and digital logistics solutions developed by NICDC Logistics Data Services Limited (NLDSL).
The interaction highlighted significant scope for India-Russia cooperation in manufacturing, industrial technology, localization, and investment. NICDC's pavilion witnessed strong participation from domestic and international delegates including industry representatives, investors, technology companies, and business delegations who showed keen interest in industrial locations, infrastructure readiness, connectivity, land availability, and manufacturing establishment opportunities in India.
NICDC conducted a series of B2B meetings with Russian counterparts, BRICS delegates, prospective investors, and industry representatives covering potential manufacturing partnerships, localization, technology collaboration, supply-chain integration, and opportunities in India's emerging Industrial Smart Cities. These engagements spanned multiple sectors including advanced engineering, machinery and equipment, transport systems, automobiles, metals, energy, aerospace, pharmaceuticals, chemicals, and advanced manufacturing technologies.
NICDC emphasized the potential of its Industrial Smart Cities to support companies seeking to establish or expand manufacturing operations through serviced industrial land, quality infrastructure, multimodal connectivity, and investor facilitation. Discussions also explored closer collaboration between Indian and Russian enterprises, including partnerships among manufacturers, technology providers, and supply-chain participants.
The first edition of INNOPROM being held in India has provided a platform for direct interaction among government representatives, industry, and investors from India and Russia, facilitating discussions on industrial and technology cooperation. NICDC will continue its investor interactions and B2B engagements on the concluding day on 11 September 2026, with focus on advancing discussions initiated during the exhibition, supporting the Government of India's efforts to strengthen domestic manufacturing, attract global investment, and develop globally competitive industrial ecosystems under Make in India and Viksit Bharat @2047 initiatives.