Global Sources is also launching new Made in India show in Dubai this June to meet rising demand in the Middle East for products from India
HONG KONG, April 20 /PRNewswire-Asia/ -- Global Sources' (Nasdaq: GSOL) largest-ever India Sourcing Fair: Home Products (http://www.india-sourcingfair.com ) opened today at AsiaWorld-Expo in Hong Kong and runs until April 23.
(Logo: http://www.prnasia.com/sa/200708071747.jpg )
The Fair offers international buyers more than 110 booths of India suppliers displaying their latest handicrafts, kitchenware, glassware and metalware, home decor, home textiles, jute and paper products.
Reflecting the increasing demand for products from India, the spring 2010 show has 10 percent more booths than Global Sources' debut India Sourcing Fair: Home Products held in Hong Kong in April 2009.
"The show's expansion this year provides suppliers from India with greater sales opportunity and exposure," said Tommy Wong, President of Global Sources Exhibitions. "Thousands of buyers are drawn to this Fair, as it is a world-class exhibition for unique products from quality India suppliers -- all in the convenience of Hong Kong.
"India's exports in February surged by 34.8 percent year-on-year to $16.1 billion. That follows growth of 11.5 percent in January this year and 9.3 percent last December. With demand for India's exports around the world rebounding, this is clearly the time for India suppliers to exhibit at the Fair and meet face-to-face with buyers."
India suppliers and export federation embrace opportunities Fair offers
Exhibitors are responding well to the Hong Kong show. Mohammed Adil Shamsi, Managing Director of Giftmark Industries, said: "The India Sourcing Fair is a great chance for us to secure more orders. That is a vital sales channel for us to benefit from the rebound in global demand."
The Federation of Indian Export Organisations (FIEO) supports Global Sources' India Sourcing Fair. The FIEO is the apex body of all Indian export-promotion organizations, and the Indian government's partner in promoting the country's international business.
O. P. Garg, FIEO committee member, will address buyers at the show's "Made-in-India: A market snapshot" seminar. The seminar provides insight valuable in helping buyers source more effectively from suppliers in India. It is scheduled for April 20 from 4:30 to 5:30 p.m. in room 201B of AsiaWorld-Expo.
Made in India show set for June launch in Dubai
The Hong Kong event also sets the stage for the new Made in India -- India Sourcing Fair scheduled for June 8-10 in Dubai. This event is expected to be the first-ever exhibition of quality Indian products in the United Arab Emirates. India exporters have already booked 250 booths at the Dubai show.
Wong said: "We are taking Indian suppliers to the world's top sourcing centers, particularly Hong Kong and Dubai, to give them access to leading international buyers. As the economic recovery strengthens, it is important for Indian suppliers to reconnect with current buyers and seek new markets."
For more information on India Sourcing Fair, visit http://www.india-sourcingfair.com .
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 888,000 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 4.5 million products and more than 253,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 80 sourcing research reports and 17 specialized trade shows which run 55 times a year across 10 cities.
Suppliers receive more than 136 million sales leads annually from buyers through Global Sources Online (http://www.globalsources.com ) alone.
Global Sources has been facilitating global trade for 39 years. Global Sources' network covers more than 60 cities worldwide. In mainland China, Global Sources has about 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
