New Delhi, July 12 (KNN) There is a strong potential for growth in India-Russia bilateral trade, said Union Minister for Commerce and Industry Nirmala Sitharaman stressing that be it high-end engineering or manufacturing, India is moving towards being synonymous to quality, reliability & durability.

She was speaking at the Opening Ceremony of INNOPROM 2016, in Russia.

INNOPROM is the largest annual international industrial trade fair of Russia. India has showcased its strengths in the area of manufacturing and engineering in the fair.

Leading the Indian delegation, Sitharaman, Minister of State (Independent Charge) for Commerce & Industry, delivered a welcome address followed by the cultural showcase from India. The other chief guests at the Opening Ceremony included Denis Manturov, Minister of Trade and Industry of the Russian Federation and Evgeny Kuyvashev, Governor of Russia's Sverdlovsk Region.

Sitharaman, said, “We are proud to be the Partner Country at INNOPROM 2016. The Indian companies participating at INNOPROM 2016 will highlight the strengths in the area of engineering and innovation under the ‘Brand India Engineering’ campaign.”

Minister also held a bilateral meeting with Minister of Trade & Industry, Russia Denis Manturov and discussed various specifics to further strengthen India-Russia industrial & trading ties.

She also participated in the India- Russia business forum where she stressed on strong business to business ties between India & Russia. The India- Russia business forum is expected to form business associations between various Indian & global firms.

India has put up an impressive show at INNOPROM 2016, the largest annual international industrial trade fair of Russia. India is the Partner Country for INNOPROM 2016. India showcased its strengths in the area of manufacturing and engineering at the Opening Ceremony of INNOPROM 2016 on July 10, 2016.

As many as 110 companies (spread in over 100 stands) are taking part in the technological and engineering trade fair, including the Department of Heavy Industries, Department of Electronics and Information Technology, Ministry of New and Renewable Energy, Bharat Forge, Sun Group, NTPC, NHPC and Ace Designers to name a few. (With PIB inputs)