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11 Mar, 2008 22:00

Manufacturers flock to St Petersburg fair

Products from more than 50 Russian regions and a dozen other countries are being showcased at a huge Technical Fair in St Petersburg. From raw materials to finished engineering items and car components – the fair is spreading ideas and experien

More than 500 manufacturers from across Russia, Europe, China and India are exhibiting their contributions to global industrial development.

India alone is showcasing 130 manufacturing companies aiming to boost their presence in Russia, hoping to increase trade ties.

Currently bilateral turnover is growing 7% annually, but, as Indian delegates say, there’s plenty of room for more, and also a better understanding between the two nations.

The partnership is expected to continue growing, with the two emerging economies becoming more closely linked.