New events announced: Gifts & Premiums, Home Products, Bathroom Products and Security Products
MUMBAI, India, Nov. 26 /PRNewswire-Asia-FirstCall/ -- Thousands of importers, retailers, wholesalers, distributors and other volume buyers converged on the China Sourcing Fairs this past week in Mumbai, November 20-22, 2009. The Fairs, managed by Pico Event Management under license from Global Sources (Nasdaq: GSOL), are the largest Greater China-products events in India.
(Logo: http://www.prnasia.com/sa/200708071747.jpg )
With the success of this year's Fairs, the events will expand in 2010. In addition to the China Sourcing Fairs: Electronics & Components, Hardware & Building Materials and Auto Parts & Accessories, next year's Mumbai schedule will include the launch of China Sourcing Fairs: Security Products, Gifts & Premiums, Home Products and Bathroom Products. The Fairs are scheduled to be held again at the Bombay Exhibition Centre, September 8-10, 2010.
More than 12,430 importers from all over India attended the Fairs last week. Representatives from some of the country's top buying offices visited the Fairs, including Reliance, Godrej & Boyce Manufacturing, iBall, Suzuki, eBay India, and Larsen & Toubro, one of India's largest construction conglomerates.
"This is a good show for finding China-made products," said Rajeev Shah of Korne Ltd. "We have been to the shows in Hong Kong and China. But it is very convenient to meet such a wide selection of Chinese manufacturers here in Mumbai."
"We are very pleased with the turnout at this year's event," said Tommy Wong, President of Global Sources Exhibitions. "It is clear that Indian buyers are aggressively looking for new product designs and new suppliers to stock their shelves -- and they are looking to Greater China manufacturers for those products."
In a recent survey conducted by Global Sources, India's purchasing professionals indicated they would be buying more from mainland China. Eighty-seven percent of respondents plan to increase their purchasing from mainland China in the coming year; 30 percent of respondents indicated they would increase the volume of products they import from mainland China by as much as 20 to 40 percent compared to last year.
"The survey results map closely to India's overall economic development," said Bill Janeri, General Manager at Global Sources. "As India's economy grows, there is increased demand for consumer goods. With the expansion of the new China Sourcing Fairs next year in Mumbai, China's exporters will be better positioned to deliver a wider range of products to India's importers."
More information about the China Sourcing Fairs is 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 854,000 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 247,000 suppliers annually through 14 online marketplaces, 13 monthly magazines, over 100 sourcing research reports and 12 specialized trade shows which run 30 times a year across 10 cities.
Suppliers receive more than 96 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
