India to Host Mega Fairs & Exhibitions in 2024: DGFT
Dec 15, 2023 20:29
India plans to organize major fairs in 2024 for food, textiles & auto, aiming to attract global buyers and boost domestic industry presence. Events like Bharat Mobility Global Expo & Bharat Tex 2024 are expected to bring thousands of buyers.
All photographs: Anushree Fadnavis/Reuters
New Delhi, Dec 15 (PTI) India will organise a series of mega fairs and exhibitions next year in sectors such as food, textiles and auto with a view to attract overseas buyers and increase global footprint of the domestic industry, a senior government official said on Friday.
Director General of Foreign Trade (DGFT) Santosh Kumar Saranagi said it was observed that only a handful of domestic exhibitors go outside to participate in such events.
"So the idea came up that we should organise mega events where we are able to get a lot of overseas buyers and allow a lot of domestic exhibitors to exhibit products, have interface with overseas buyers and increase their global footprint," Sarangi told reporters here.
Keeping that in view in 2024, "we are planning a series of events where the size of the event has been expanded and scaled up", he said.
On the auto sector, the Bharat Mobility Global Expo 2024 will be organised from February 1-3 next year at Bharat Mandapam here.
The event will bring the entire mobility value chain under one roof and it will be attended by international participants from 47 major countries.
The focused areas in this expo will include electric vehicles, drones, batteries, charging stations, and information technology initiatives in EVs, hybrid, hydrogen, and ethanol/ biofuels.
On similar lines, Bharat Tex 2024 will be organised from February 26-29 at Bharat Mandapam and Yashobhoomi here.
This exhibitions will spread across about 2 lakh sq m.
Over 3,000 foreign buyers and 40,000 domestic buyers are expected to participate in the expo.
Apparel Export Promotion Council (AEPC) is organising roadshows to enhance participation of the Indian industry.
On the food sector, Indus Food will be organised from January 8-10. Over 2,500 foreign and 5,000 domestic buyers are expected to participate in the event.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
MORE NEWS
DRI Seizes Red Sanders Worth Rs 6.26 Cr, 4...
DRI seizes 15 MT of red sanders worth Rs 6.26 crore in Delhi, arrests 4. Illegal export...
UAE Fund to Invest ₹1,000 Cr in Kerala Startups
UAE-based Feeder Fund to invest ₹1,000 crore in Kerala startups over 3 years. Boost...
ECL Aims for 58 MT Output, Mine Closures Planned
Eastern Coalfields Ltd (ECL) targets 58 MT output, plans closure of six underground...
India: Export Potential in Russia
300 Indian products have huge export potential in Russia. Engineering, pharma, agri,...
Gold & Silver Rally: Inflation Data in Focus
Gold and silver prices rally amid inflation data focus. Analysts eye central bank...
India Ranks 3rd in Global AI Vibrancy Index
India ranks 3rd in Stanford University's Global AI Vibrancy tool, surpassing advanced...
EPFOA Urges CPFC: Equip Offices for Compliance
EPFOA urges CPFC to equip field offices with authority & tools to handle default &...
TV Prices to Rise in January: Chip Shortage &...
TV prices are expected to increase in January due to memory chip shortages and a...
India Gems & Jewellery Exports Up 20% in November
India's gems and jewellery exports grew 20% to USD 2.5 billion in November, says GJEPC....
Navi Mumbai Airport: 3rd Runway Feasibility Study
CIDCO invites bids for a consultant to study the feasibility of a third runway at Navi...
Read More »