PM Modi inaugurates UP international trade show with Russia as partner amid tariff concerns | Key points

Russia's participation in the UPITS comes as India is facing heat from the United States for buying Russian oil.

Updated on: Sep 25, 2025, 11:30:50 IST

By HT News Desk

Prefer HTon Google

Share via

Copy link

Prime Minister Narendra Modi inaugurated the Uttar Pradesh International Trade Show in Greater Noida on Thursday morning. The trade show will be held for five days, from September 25 to September 29, at the India Expo Centre and Mart with several craftsmen and entrepreneurs from across the state participating in it.

PM Modi said that with this trade show, India is strengthening the time-tested partnership with India. (Screengrab/YouTube/Narendra Modi)

PM Modi said that this year, the trade show's international partner is Russia, which means that with this trade show, India is “strengthening the time-tested partnership” with Russia.

Also read: 'India growing despite global distractions': PM Modi makes self-reliance pitch amid tariff, H-1B concerns

Later in the day, PM Modi will visit Rajasthan to inaugurate and lay foundation stone of several development projects.

All about the Uttar Pradesh International Trade Show

The theme of the Uttar Pradesh International Trade Show 2025 is ‘Ultimate Sourcing Begins Here’. Russia is participating in the Uttar Pradesh international trade show as the partner country this year to add strategic significance and open avenues for bilateral trade, technology exchange, and long-term cooperation.
The three core objectives of the trade show are — innovation, integration, and internationalization.
A three-pronged buyer strategy will target international buyers, domestic Business-to-business (B2B) buyers, and domestic Business-to-Consumer (B2C) buyers, providing opportunities for exporters, small businesses, and consumers alike.
The trade show will also highlight Uttar Pradesh’s diverse craft traditions, modern industries, robust MSMEs (micro, small and medium enterprises), and emerging entrepreneurs on a single platform.
Key sectors that will be represented at the trade show include handicrafts, textiles, leather, agriculture, food processing, IT, electronics, AYUSH among others. It will also feature Uttar Pradesh’s rich art, culture, and cuisine under a single roof.
Over 2,400 exhibitors; 1,25,000 B2B visitors; and 4,50,000 B2C visitors will participate in the trade show.

Also read: PM Modi spotlights ‘time-tested’ India-Russia ties amid tariff tensions with US

Russia's participation comes as India is facing heat from the United States for buying Russian oil, which, the US claims, is indirectly funding the war in Ukraine. India is facing steep 50 per cent tariffs imposed by the US, half of which is penalty for buying oil from Russia. However, India has maintained that its purchase of Russian oil is driven by market factors.

However, the India-US relationship remains strong despite “turbulence” in the bilateral relationship, according to a senior State Department official. The official also said that a meeting between PM Modi and President Trump will take place in due course.

ABOUT THE AUTHOR
HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

Follow India news real-time updates and the latest news covered on Hindustan Times, featuring today's critical updates on Sonam Wangchuk LIVE and more across India.