Ministries of the Republic of Tatarstan Ministry of Industry and Trade of the Republic of Tatarstan

On automotive sector prospects and innovations

26 February 2019, Tuesday

The business forum for cooperation in the automotive industry and automotive component production was held on the opening day of the TIAF 2019 exhibition on the sidelines of the 5th Tatarstan International Automotive Forum, with its main topic being the prospects and trends of innovations in the automotive industry.

In his welcoming speech, Minister Karimov spoke about the progress of the automotive industry in the republic. This industry is the leading branch of the republic’s engineering sector, which largely determines the republic’s economic and social level of development. The republic’s automotive industry accounts for about 10% of the total industrial production in Tatarstan amounting to RUB 272 billion. In addition, the industry creates tens of thousands of jobs in allied branches. Automotive production is carried out in close cooperation with the enterprises of electrical, chemical, light, and other industries.

“A developed infrastructure has been created in the automotive industry of Tatarstan, as well as a system of government support for the sector, and active work is being done with foreign investors to increase the number of hi-tech enterprises. A confirmation of this is the forum, which, I hope, will bring tangible benefits to the process of technical and technological upgrade of the domestic automotive industry and would enhance its competitiveness in the global market, while a frank and stimulating dialogue between the participants would help set the vector of industry’s development and answer many questions”, the Minister said.

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