Friday, December 13, 2013

Global Sources opens China Sourcing Fairs in New Delhi

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.”

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our website to find out more about this service. You can also follow us on Twitter for all the latest updates.

No comments: