Indonesian Political, Business & Finance News

Indonesia and Russia Strengthen Industrial Partnership at INNOPROM 2026

| | Source: AGROFARM.CO.ID Translated from Indonesian | Trade
Indonesia and Russia Strengthen Industrial Partnership at INNOPROM 2026
Image: AGROFARM.CO.ID

Opportunities for industrial partnership between Indonesia and Russia and the wider Eurasian region are increasingly opening up as industrial relations between the two countries grow closer. Through Indonesia’s participation as the Official Partner Country at INNOPROM 2026, national industry players have a greater opportunity to expand market access, attract investment, develop joint production, and obtain technology transfer from partners in the Eurasian region.

Minister of Industry Agus Gumiwang Kartasasmita stated in Russia that Indonesia’s participation in INNOPROM 2026 is a strategic step to strengthen the position of national industry in the global market while expanding international partnership networks that can generate investment, industrial development, and increase the competitiveness of Indonesian manufacturing.

This commitment began to be realised through various strategic agendas ahead of the exhibition’s opening in Yekaterinburg, Russia. One such agenda was a joint press conference titled ‘Indonesia and Russia: Building Industrial Partnership at INNOPROM 2026’, which served as a momentum to introduce Indonesia’s industrial potential to Russian business players while opening up new cooperation opportunities.

Director General of Resilience, Regionalisation, and International Industrial Access at the Ministry of Industry, Tri Supondy, said that Indonesia is targeting the birth of more concrete industrial cooperation through its participation in INNOPROM 2026. He explained that INNOPROM 2026 is being utilised to bring together Indonesian industries with the right partners in Russia and Eurasia, with a focus not only on expanding trade but also on encouraging industrial investment, joint manufacturing development, and technology transfer that can strengthen the competitiveness of national industry.

On the same occasion, Deputy Minister of Industry and Trade of Russia, Alexei Gruzdev, conveyed that Indonesia is the largest industrial economy in Southeast Asia and one of Russia’s main international industrial partners. He noted that the designation of Indonesia as the first Southeast Asian country to be the Official Partner Country of INNOPROM 2026 reflects the importance of bilateral relations.

Support for strengthening Indonesia-Russia cooperation also came from the host region’s government. Governor of Sverdlovsk Region, Denis Pasler, welcomed Indonesia’s presence, stating that Sverdlovsk Region is the heart of INNOPROM and one of Russia’s main industrial centres. He expressed hope that the meetings during INNOPROM would mark the beginning of broader cooperation between Indonesian industry players and companies in the region, including in the form of investment, joint manufacturing projects, and technology development.

To open up more cooperation opportunities, Indonesia brought 50 co-exhibitors and institutions from various industrial sectors, ranging from agro-industry, chemicals and pharmaceuticals, speciality manufacturing and consumer goods, advanced manufacturing and engineering, to industrial estates and investment. They will participate in business matching, business forums, bilateral meetings, and sectoral discussions designed to accelerate the birth of business cooperation, investment, and joint manufacturing development.

Indonesia is also presenting an Indonesia Pavilion covering 1,512 square metres as a showcase of national industrial excellence and a space for interaction between business players, investors, government officials, and policymakers from various countries. The pavilion serves as a platform for Indonesian industry players to introduce products, technology, and investment opportunities to potential partners from the Eurasian region.

Director of the Business Programme at Formika Event and organiser of INNOPROM, Anton Atrashkin, stated that Indonesia’s presence as the Official Partner Country is one of the main highlights of INNOPROM 2026. According to him, Indonesia’s participation reflects the growing economic relations between Indonesia and Russia while opening up new, mutually beneficial collaboration spaces for industry players from both countries.

As the largest international industrial exhibition in the Eurasian region, INNOPROM brings together industry players, investors, business associations, and policymakers from various countries. With more than 48,000 visitors from around 60 countries, this event is a strategic platform for Indonesia to expand partnership networks, attract investment, and open wider market access for national manufactured products.

Tri emphasised the importance of follow-up on every cooperation opportunity established during INNOPROM 2026. He added that the success of Indonesia’s participation in INNOPROM is not only measured by the number of meetings or agreements reached during the exhibition, but by the follow-up that emerges afterwards. The goal is to see more industrial investment, co-production projects, technology transfer, and manufacturing cooperation that provide added value for both Indonesian and Russian industries.

Through its participation in INNOPROM 2026, Indonesia is targeting the emergence of more industrial investment, joint manufacturing projects, and technology transfer capable of strengthening the competitiveness of national industry. This cooperation is expected to expand market access for Indonesian manufactured products in the Eurasian region, create domestic added value, and strengthen the long-term economic partnership between Indonesia and Russia.

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