Product categories expand to include Greater China manufacturers of electronics, hardware and building materials, and auto parts and accessories
MUMBAI, India, Sept. 1 /PRNewswire-Asia-FirstCall/ -- More than 700 booths have been contracted to exhibit at the 2nd annual China Sourcing Fairs ( http://www.chinasourcingfair.com ) in Mumbai, expanding the events' size 100% compared to last year. Exhibitors will come from mainland China, Hong Kong and Taiwan, making the shows the largest of their kind ever to be held in India. The Fairs, to be held November 20-22, are managed by Pico Event Management, under license from Global Sources (Nasdaq: GSOL).
(Logo: http://www.prnasia.com/sa/200708071747.jpg )
Expanded product categories
Returning this year are the co-located events China Sourcing Fair: Electronics & Components and the China Sourcing Fair: Hardware & Building Materials. New to the 2009 line up is the addition of the China Sourcing Fair: Auto Parts & Accessories.
"After last year's inaugural event, it was clear that demand for Greater China-made products is extremely strong in India," said Global Sources Exhibitions General Manager, Tommy Wong. "The expansion of India's construction industry has increased the need for quality hardware and building materials, while a growing middle class and increased discretionary spending have driven demand for consumer electronics and automotive products."
Strong mainland China government support
Based on the success of last year's China Sourcing Fairs in India, the 2009 events have attracted strong support from key government and private organizations throughout mainland China. China is India's largest trading partner. India also imports the largest percentage of its consumer electronics from China.
"The 2009 China Sourcing Fair: Electronics & Components in Mumbai is one of the top 10 important overseas trade shows approved by Guangdong Province," said Jiang Guanxiong, Vice President of CCPIT-ECC at a recent seminar in Shunde, China. "Mid-sized and small-scale companies in Guangdong that want to explore the India market by participating in the Mumbai China Sourcing Fair are eligible to receive a Guangdong Special Event subsidy," Jiang added.
Interest in the Indian market is not limited to electronics. "There are broad prospects for the Indian market. The show is a good opportunity for our fastener manufacturers to explore emerging markets like India," said Chen Guanda, General Manager of Haiyan Fastener Association.
"India has a huge population and is a strong potential market for Chinese companies," said Mao Wanqing, Chairman of CCPIT Taizhou. "India has maintained high economic growth during the financial crisis. Since the financial crisis, all of the small and medium enterprises in China are looking for emerging markets. India is a very good opportunity for our Chinese manufacturers."
Supporting organizations include:
1. CCPIT-Taizhou
2. Ningbo Orient International Exhibition Co., Ltd.
3. Rui'an International Chamber of Commerce of China
4. Yongkang Foreign Economic & Trade Service Center
5. Haiyan Fastener Association / Zhejiang Fastener Association
6. Pinghu Bathroom & Sanitary Industry Association
7. Liaoning Provincial Bureau of Foreign Trade and Economic Cooperation
8. Harbin Municipal Bureau of Commerce
9. CCPIT - Changchun
10. CCPIT - Wuhan
The China Sourcing Fairs in Mumbai serve importers and volume buyers in India and surrounding markets who seek high quality products from competitive Greater China suppliers. More than 13,600 buyers attended last year's event.
More details about the China Sourcing Fairs in Mumbai are available 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 uses English-language media to facilitate trade from Greater China to the world. The other business segment utilizes Chinese-language media to enable companies to sell to, and within Greater China.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 829,000 active buyers source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 240 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on 4.3 million products and more than 196,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 100 sourcing research reports and 12 specialized trade shows which run 29 times a year across 10 cities.
Suppliers receive more than 81 million sales leads annually from buyers through Global Sources Online ( http://www.globalsources.com ) alone.
Global Sources has been facilitating global trade for 38 years. Global Sources' network covers more than 60 cities worldwide. In mainland China, Global Sources has over 2,500 team members in more than 40 locations, and a community of over 1 million registered online users and magazine readers for its Chinese-language media.
Global Sources Press Contact in Asia
Camellia So
Tel: +852-2555-5021
Email: cso@globalsources.com
Global Sources Press Contact in U.S.
James W.W. Strachan
Tel: +1-480-664-8309
Email: strachan@globalsources.com
Global Sources Investor Contact in Asia
Investor Relations Department
Tel: +852-2555-4777
Email: investor@globalsources.com
Global Sources Investor Contact in U.S.
Kirsten Chapman & Timothy Dien
Lippert/Heilshorn & Associates, Inc.
Tel: +1-415-433-3777
Email: tdien@lhai.com
