INNOPROM India 2026 held at Bharat Mandapam in Delhi
Russian and Indian steel industry stakeholders have discussed opportunities to strengthen cooperation in the steel sector through investment, technology exchange, sustainable production practices and supply chain resilience.
“Enhanced collaboration between the two countries can support industrial modernisation, foster innovation in advanced steel products and contribute to deeper long-term economic and strategic partnership between India and Russia,” the Steel Ministry said on 9 Sept.
The discussion was held under the Session on “India–Russia Collaboration on Steel Value Chain” was organised at Hall2, Bharat Mandapam under the India–Russia Business Dialogue, with the support of the Confederation of Indian Industry (CII) and the Ministry of Commerce & Industry. The session was co-chaired by Sandeep Poundrik, Secretary, Ministry of Steel and Mikhail Yurin, Deputy Minister of Industry and Trade of the Russian Federation.
The session focused on the importance of the steel sector as a cornerstone of industrial development, infrastructure growth and manufacturing competitiveness. India and Russia possess complementary strengths across the steel value chain, including raw material security, metallurgical technologies, production capabilities and downstream applications.
The session was attended by leading Russian steel, mining and metallurgical companies, senior officials of the Ministry of Steel, CMDs and senior officials of CPSEs, including SAIL, NMDC, MOIL and MECON, along with representatives from the Russian Ministry of Industry and Trade and industry.
The session was held at the Ministry’s India Steel Pavilion at Bharat Mandapam in New Delhi, as part of INNOPROM India 2026, the flagship Russian industrial exhibition in India, held from 9-11 September 2026.
The pavilion, themed “Forging Together – For Infinite Progress,” showcases the strength, growth story and achievements of the Indian steel sector. It highlights India’s journey towards becoming a global steel powerhouse while presenting the history, current engagements and future opportunities for India-Russia collaboration in areas such as coking coal, nickel, speciality steel, R&D and advanced steel technologies.
The pavilion features the participation of key CPSEs of the Ministry of Steel, including SAIL, NMDC, MOIL and MECON, which are showcasing their achievements, technological capabilities and ongoing as well as prospective collaboration opportunities with Russian industry across the steel and mining value chain. Fiinews.com
