Fourth Annual China Sourcing Fairs in Mumbai Offer Local Buyers Widest Selection of China-Made Consumer Products
Six industry-focused events provide platform to expand China-India trade.
- (1888PressRelease) November 24, 2011 - Mumbai, India -- The fourth China Sourcing Fairs ( http://www.chinasourcingfair.com ) opened today and runs through Nov. 25, 2011 at the Bombay Exhibition Center in Mumbai. Combined, the six Fairs offer the largest collection of Greater China suppliers of any trade show in India.
The co-located events cover Electronics & Components, Security Products, Home Products, Gifts & Premium, Hardware & Building Materials and Bathroom Products. In India, the China Sourcing Fairs are managed by Pico Event Management under license from Global Sources ( http://www.globalsources.com ) (NASDAQ: GSOL).
Most exhibitors are from mainland China, with others from Hong Kong, Taiwan, South Korea and the Philippines. Buyers pre-registered to attend the Fairs include Aditya Birla Retail, Globus Stores, Hindustan Petroleum, Home Solutions Retail, ICICI Bank, Infosys, Jaipan Industries, Metro Cash & Carry India, Reliance Industries, Shoppers Stop, Tata Steel, Tesco, Voltas, Wipro Yardley and Woolworths.
"Sino-Indian trade is booming," said Tommy Wong, President of Global Sources Exhibitions. "India's trade with mainland China is expected to reach $70 billion this year. The two countries are hoping to scale it up to $100 billion by 2015. Global Sources is focused on helping to build relationships between buyers and suppliers in both countries, with our China Sourcing Fairs in Mumbai as well as our India Sourcing Fairs in Hong Kong."
"The Mumbai events provide an ideal platform for China suppliers to enter the booming Indian market and for local buyers to find quality China products to boost their profits and market share."
Officially opening the events were:
* Niu Qingbao, Consul General, Consulate General of the People's Republic of China in Mumbai
* Liu Guoyu, Commercial Counselor, Economic and Commercial Section of the Consulate General of the People's Republic of China in Mumbai
* Chandrakant Salunkhe, President, Small and Medium Business Development Chamber of India
* Mahendra Shah, Chairman, BAI Mumbai Centre, Builders' Association of India
* Suresh Deora, Hon. General Secretary, India China Chamber of Commerce & Industry
* Tommy Wong, President, Global Sources Exhibitions, Global Sources
One exhibitor, Marketing Director of Joyou Group Building Materials Co., Roy Lai, said: "India's middle class is growing rapidly and, along with it, demand for quality consumer products. It is important that we establish ourselves here now to benefit from the coming boom in the years ahead. These events are one of the best channels for China suppliers to meet big Indian buyers face-to-face."
Last year, nearly 11,000 buyers attended the Fairs to conduct business with hundreds of Greater China suppliers.
For buyers who are unable to attend the Fairs to source from exhibitors, Global Sources is also expanding its Online Sourcing Fairs ( http://www.onlinesourcingfairs.com ) to the Mumbai events. Each online show includes the key components of Global Sources' offline events, including profiles of exhibitors' featured products, multiple images of the booths, company videos and conference sessions.
Qualified buyers interested in attending the Fairs can find more information and pre-register online at http://www.chinasourcingfair.com/india .
About Global Sources:
Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China. The core business facilitates trade between Asia and the world using English-language media such as online marketplaces ( http://www.globalsources.com ), print and digital magazines, sourcing research reports, private sourcing events, trade shows, and online sourcing fairs.
Over 1 million international buyers, including 85 of the world's top 100 retailers, use these services to obtain product and company information to help them source more profitably from overseas supply markets. These services also provide suppliers with integrated marketing solutions to build corporate image, generate sales leads and win orders from buyers in more than 240 countries and territories.
Global Sources' other businesses provides Chinese-language media to companies selling to and within Greater China. These services include online web sites, print and digital magazines, seminars and trade shows. In mainland China, Global Sources has a network of more than 40 office locations and a community of over 3 million registered online users and magazine readers of its Chinese-language media.
Now in its fifth decade, Global Sources has been publicly listed on the NASDAQ since 2000.
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