India to organize world’s largest virtual fair for textiles

Source: ETRetail.com, Sept 17, 2020

New Delhi: India is organizing the world’s largest virtual fair for textiles with around 5,000 sellers and 30,000 buyers across the globe. Textiles secretary Ravi Capoor on Wednesday said the government is planning a Textile India Fair and looking for an Indian platform for the same.

“India is planning a Textile India Fair. We are organizing the largest virtual fair in the globe with 4,000-5,000 sellers and 25,000-30,000 buyers across the globe,” Capoor said at GLOBIZ- Global Textile & Home Furnishing Expo event organised by Ficci, adding that the government is looking for an Indian platform for the fair.

He said while India has competition in apparel, home furnishings and textiles sector has the potential to double exports in two years and asked industry to plan a huge outreach programme to expand the country’s exports to new markets such as Japan, CIS and Latin America. “80% of our exports go to 5-6 markets and we are focused on a few markets which is good but we need to expand to newer markets… We can move to new areas when the chips are down for major suppliers,” he said.

Capoor said orders are coming in for Indian textiles sector and it is about how industry meets the supplies and adheres to delivery schedules.

In the April-August period, India’s exports of cotton yarn, fabrics, made-ups, handloom products, man-made yarn, fabrics and made-ups, readymade garments, jute products, handicrafts and carpets were $8.7 billion.

UP govt to organise 5-day global virtual MSME exhibition in October

Source: Business Standard, Sept 10, 2020

Lucknow: In order to connect the state’s micro, small and medium enterprise (MSME) sellers with international buyers during the Covid-19 headwinds, the Uttar Pradesh government has decided to organise a five-day global virtual exhibition next month.

Buyers from 50 countries will be connected to the virtual platform, which will also promote the One District-One Product (ODOP) scheme, aimed at promoting the state’s indigenous and traditional handicrafts and industries.

UP Additional Chief Secretary, MSME and Export Promotion, Navneet Sehgal, took the stock of the situation and reviewed the preparation for the proposed virtual exhibition.

He said about 25,000 virtual stalls would be available for the different categories of products, including business-to-business (B2B) and business-to-customer (B2C).

“While institutional buyers will be able to order directly from sellers over the virtual platform, retail buyers will also get the opportunity to buy,” Sehgal said.

Some of the prominent products to be showcased during the virtual exhibition include leather footwear from Kanpur and Agra, Chikan fabric of Lucknow, perfumery of Kannauj, terracotta from Gorakhpur, brassware from Moradabad, silk work from Varanasi, carpets from Bhadohi etc.

Since, transnational Covid-19 protocols have impeded the deferment of major international trade fairs and exhibitions, the Adityanath government has decided to host the virtual event under the flagship Market Development Assistance (MDA) Scheme.

The ODOP scheme was launched by the Adityanath government in 2018 to promote the traditional and indigenous industries and handicrafts by facilitating state support in terms of setting up of new enterprises, bank credit and marketing.

The success of the ODOP scheme can be gauged from the fact that UP achieved industrial exports worth nearly Rs 1.14 trillion in 2018-19 compared to only Rs 89,000 crore in 2017-18, thus registering a upsurge of 28 per cent.

According to estimates, UP is home to nearly 9 million MSME units, which form the industrial backbone of the state. The sector contributes 60 per cent to UP’s annual industrial output and directly employs 50 million people.

The MSME sector also blends with the macro development plank of the Adityanath regime, while resurrecting the positive image of UP and repositioning the state as a preferred investment destination in the league of Indian states.

Earlier, Chief Minister Adityanath had directed officials to draw up the roadmap for leveraging the provision of Rs 15,000 crore loan component for the MSME sector in the federal economic package announced by the Centre earlier this year to beat the challenges posed by the Covid-19 lockdown and its aftermath. Meanwhile, the state is also planning to launch retail outlets to market the state’s pool of ethnic products. While, a majority of these outlets would be set up in UP, stores will also be launched in other states as well.

Upcoming Trade Fairs in 2020

COSMOPROF INDIA 2020

29^th to 31^st October at Bombay Exhibition Center, Mumbai.

Cosmoprof India represents the fourth destination of the Cosmoprof network, a 360° worldwide platform for the international beauty community, with shows in Bologna, Las Vegas, Hong Kong and Bangkok which all together involve over 500,000 professionals and 10,000 exhibitors from all over the world. Geo-adapted from the global Cosmoprof brand, Cosmoprof India has its own unique scale and entity.

Web site: https://cosmoprofindia.com/

Over 300 exhibitors have confirmed participation in Aero India 2019 so far

Source: The Hindu Business Line, Dec 30, 2018

More than 300 exhibitors, including top global and domestic players from the defence industry, have confirmed their participation in Aero India 2019, a defence official said on Sunday.

Aero India 2019 will be held in Bengaluru from February 20 to 24 and the defence exhibition will see participation of top fighter-jet manufacturers, defence equipment makers and companies related to the sector.

All activities related to Aero India 2019 have been made online — be it booking of tickets or selection of space for stalls, the official said.

The participants can arrange business to business meetings and book conference rooms online.

With nearly 50 days to go for Aero India, we already have 308 exhibitors. They include 178 domestic and 130 foreign players. We have generated a revenue of Rs 62 crore from the bookings so far.

There will be no cheque transaction for Aero India as all payments have been made online. The arrangements correspond to the best practices in the world, the official added.

There will also be a mobile application for Aero India 2019 show that will guide the users about the event.

Tickets for business days , February 20, 21 and 22, will cost Rs 2,750 each. Tickets for general visitors will cost Rs 1,800. Rs 600 will be charged for air display. On-the-spot tickets will cost Rs 250 more, the official added.

India to host World Employment Conference to market skilled workforce

Source: The Economic Times, Apr 13, 2016

NEW DELHI: The labour ministry wants to woo employers the world over to get them to hire India’s growing workforce, which the government estimates swells by 10 million every year.

The ministry and the Indian Staffing Federation, a body of the flexi staffing industry, are partnering to host the World Employment Conference for the first time in India. They seek to showcase the country’s talent beyond medical and engineering, the streams from where Indians traditionally migrate to developed nations and often don’t return. “The idea is to market our skilled workforce to the countries that have certain kind of skill deficit which Indian workers can fulfill,” a person associated with the event said.

Mumbai to host BRICS Cities Conclave on April 14

 

Source: Business Standard, Apr 08, 2016

Mumbai will host the BRICS Friendship Cities Conclave from April 14-16. The event is being organized by Mumbai First, a think tank, along with the active support of the Government of India and Government of Maharashtra.The forum has received support from all the partner countries Brazil, Russia (India) China and South Africa.

The Conclave is designed to facilitate meaningful dialogue between various stake holders who partake in shaping the renewal and development of urban areas – the public and private sectors, civil society, and academia.

India to host eighth BRICS summit in Goa

Source: LiveMint.com, Mar 23, 2016

New Delhi: India will host the eighth summit of BRICS countries—Brazil, Russia, India, China and South Africa, which together represent 42% of the world’s population and more than $16 trillion in GDP—in Goa in October.

This was announced by Indian external affairs minister Sushma Swaraj on Tuesday. She also unveiled the official logo of the summit—a lotus in the national colours of the five member countries.The logo also incorporates the traditional Indian welcome gesture of namaste in the innermost whorls of the flower. India assumed chairmanship of BRICS from Russia on 15 February and will hold the position till 31 December.

Upcoming Trade Fairs in 2016

CeMAT INDIA 2016

1^st to 3^rd December at MMRDA Ground, Mumbai.

CeMAT INDIA 2016 is the window for latest trends and technologies in Materials Handling / Intralogistics, Storage Systems, Warehousing and Logistic Services, which is sure to attract decision makers from diverse user industries.

Web site: http://www.win-india.com/?page=cemat-india-2016&menu=shows&sub=cemat-india/

 

Bakery Business India 2016

1^st to 3^rd December at MMRDA Ground, Mumbai.

It is the undisputed premier and focused show for the Indian bakery and patisserie industry. The only exhibition in the Indian market, which covers such a wide range of products for the bakery and pastry industry – from ingredients, machines, technology, packaging equipment to accessories and more. With over 175 plus exhibitors from across India and overseas this edition promises to awe inspire over 10000 business vistors from across the industry.

Web site: http://www.bakerybusiness.in/index.php

 

BAUMA CONEXPO (BC) INDIA 2016

12^th to 15^th December at Huda Ground, Gurgaon.

This event showcases products like Construction Machinery, Building Material Machines, Mining Machines and Construction Vehicles—provides the construction industry in India with a professional platform for networking, investment and the exchange of ideas and information etc.

Web site: http://www.bcindia.com/

INDOLINK will attend the 7th Annual India Business Forum Conference – Innovative India: Creating Value & Opportunities

7th Annual India Business Forum Conference

Innovative India: Creating Value & Opportunities

23rd April, 2009, London

The India Business Forum (IBF), formulated in the year 2002, aims to further the role of India in the global business milieu. With London Business School as the platform, the IBF is a confluence of Global Business Leaders, Leading Academicians, Financiers, Entrepreneurs and Students to discuss and debate pertinent issues relating to doing business in and with India.

Once sidelined as a “third world” country to more recently joining the powerful G20 club, the incredible metamorphosis of India has pleasantly surprised the world. These tumultuous times, though bode well for further surprises, do beg the question of “where from here?” At the 7th Annual London Conference the India Business Forum connects experts and industrialists which have been a part of this incredible growth story and who are best placed to forecast its future economic performance trajectory.

INDOLINK will attend the Forum to witness and participate in an intellectual marathon that has a global bearing/impact.