News this week: Earlier this week,
NASDAQ-listed Global Sources opened its China
Sourcing Fairs: Electronics & Components, Home
Products and Hardware
& Building Materials at the Pragati Maidan
venue in New Delhi. The fair was held
for the first time in New Delhi after
its previous five year run in Mumbai.
The three co-located China Sourcing Fairs in India are managed by Pico Event Management under license from Global
Sources. The three-day event ran from 12th to 14th December featuring exhibitors from
mainland China, Hong Kong, Taiwan and South Korea.
Tommy Wong, president
of Global Sources Exhibitions, was
quoted saying, “Bilateral
trade between China and India is forecast to increase significantly with China
exports growing 20% a year from
2013 to 2015 and 17% thereafter
to 2020. The China Sourcing
Fairs are the ideal trade platform for buyers in both India and nearby South
Asian countries to capitalise on this increasing demand for China-made
products.”
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