Third annual China Sourcing Fairs in Mumbai boast 76 percent increase in pre-registered visitors
MUMBAI, India, Sept. 8 /PRNewswire/ — The China Sourcing Fairs opened today in Mumbai. Now in their third year, the Fairs are the largest Greater China-products exhibitions in India. Prior to the opening, the Fairs reported a 76 percent increase in the number of buyers who had pre-registered to attend the events.
The China Sourcing Fairs feature manufacturers from Greater China (mainland China, Hong Kong and Taiwan). The co-located events comprise Electronics & Components, Hardware & Building Materials, Auto Parts & Accessories, Security Products, Home Products, Gifts & Premiums and Bathroom Products. The events are being held on September 8-10, 2010, at the Bombay Exhibition Centre. In India, the Fairs are managed by Pico Event Management, under license from Global Sources (Nasdaq: GSOL).
Officially opening the events were:
- Shri Bhagwan J. Deokar, President, Builder’s Association of India (BAI)
- Kamal Dujodwala, Vice President, The India-China Chamber of Commerce & Industry (ICCCI)
- Niu Qingbao, Consul General, Consulate General of the People’s Republic of China in Mumbai
- Spenser Au, Deputy CEO, Global Sources
Trade volumes between India and China reached US$42 billion last year. In the first half of this year, trade volumes have already reached US$32 billion, or 76 percent of last year’s levels in half the time.
“India’s trade with China is booming,” said Tommy Wong, President of Global Sources Exhibitions. “Buyers in India are looking for well-made, cost-effective products, and they are buying more from China suppliers. To meet this growing demand, we’ve expanded the range of products on exhibit at the Fairs. Besides electronics, hardware and building materials, and auto parts and accessories, this year’s events also feature security products, home products, gifts and premiums and bathroom products.”
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 967,000 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 262,000 suppliers annually through 14 online marketplaces, 13 monthly print and 16 digital magazines, over 80 sourcing research reports and 20 specialized trade shows which run 57 times a year across 9 cities.
Suppliers receive more than 192 million sales leads annually from buyers through Global Sources Online (http://www.globalsources.com) alone.
Global Sources has been facilitating global trade for nearly 40 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 2 million registered online users and magazine readers for its Chinese-language media.
Global Sources Press Contact in Asia Global Sources Investor Contact in Asia Camellia So Suzanne Wang Tel: (852) 2555-5021 Tel: (852) 2555-4747 e-mail: email@example.com e-mail: firstname.lastname@example.org Global Sources Press Contact in U.S. Global Sources Investor Contact in U.S. James W.W. Strachan Kirsten Chapman & Timothy Dien Tel: (480) 664-8309 Lippert/Heilshorn & Associates, Inc. e-mail: email@example.com Tel: (415) 433-3777 e-mail: firstname.lastname@example.org
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