The International Trade Fair in India the biggest fair of its kind in the country. Started in the year 1980 to promote trade and commerce both within the country as well as on an international level, it has grown by leaps and bounds to a mammoth exercise today.
This trade fair in Delhi is a major tourist attraction in India and draws millions of people each year. Whether you are interested in buying or selling, chances are that you will find what you are looking for over here.
So, what is this fabulous trade fair of India all about?
The event is organized under the aegis of the India Trade Promotion Organization, the nodal trade promotion agency of the Government of India. It is held once a year (usually in November) and runs for about 14 days. The venue is generally Pragati Maidan, New Delhi.
The fair provides a huge opportunity for manufacturers, traders, exporters, and importers of a wide array of products and services to interact, discuss, and promote new ventures or alliances. Among the mind-numbing array of participants, you would find representatives from the A to Z of the industry.
This includes sectors like automobiles, engineering goods, computer peripherals, electronic goods, mobile phones, processed food, beverages, confectionery, pharmaceuticals, chemicals, personal products, cosmetics, healthcare, and body care products, jute, textiles, garments, products of small scale industries, apparel, sporting goods, toys, telecommunication, power sector, household appliances…. the list is endless!
Spread out over a sprawling 94,300 square meters of space, the kind of participation figures points towards the huge international popularity of this trade fair of India.
The exhibiting companies comprise of both Indian as well as international manufacturers and suppliers. For example, in 2006, the fair had almost 7500 national and 350 international exhibiting companies. That year, there were more than 3 million general visitors to the fair and almost a quarter of a million business visitors.
The 2014 edition of the International trade fair, India had almost 6800 exhibitors with 30 States and Union Territories of India having exclusive pavilions to showcase their businesses and products. Around 40,000 domestic business visitors and 63 foreign trade delegations from countries like Afghanistan, Angola, Australia, Bangladesh, Brunei, Germany, Ghana, Mexico, Nepal Indonesia, Japan, and so on were visitors at this amazing event.
Each year, the trade fair revolves around an umbrella theme. For example, “Digital India” was the theme in the year 2016. In 2018, the theme of the fair was “Rural enterprises in India”, and the theme for the most recently conducted trade fair 2019 was “Ease of Doing Business”. This theme was inspired by India’s unique achievement for rising from 142nd rank in the year 2014 to 63rd rank in 2019 on the World Bank’s Ease of Doing Business Index.
The Fair each year promotes a ‘Partner country’, a ‘Focus country’, and ‘Focus state for India’. In 2019, the Partner country was Afghanistan, the Focus country was Korea and the focus Indian states were Bihar and Jharkhand. The countries and states in focus generally enjoy preferred status in terms of the building of business opportunities.
Significance of the International trade fair, India
- India is one of the fastest-growing economies in the world and this is an exciting time to do business in or with this country. In the last few years, India has seen a sprouting of the start-up model of business. The Government of India has also given various incentives to encourage people to take up the entrepreneur route. These companies will now find increased representation at the trade fair
- Increased focus on artisans and the handicraft industry by the Government of India will ensure increased participation from this sector in the trade fair. The focus here is on increasing exports and reducing imports.
- The fair is designed to give equal opportunities to artisans, MSME, rural development, social justice, minority affairs, agriculture, CSIR, National Food Board as well as large corporations and self-help groups to promote their products
- The fair would serve as a convergence point for the government agencies, non-government institutions, and private sector enterprises
Format of the proceedings and information on the trade fair tickets
The first five days of the Fair are generally reserved for conducting business. On these days, the entry ticket is priced at Rs.500 per person, with a season ticket available for Rs.1,800. These 5 days are devoted to businessmen and traders from all sectors wishing to carry out trade negotiations or business building initiatives.
The remaining days are open to the general public. In this phase of the Trade fair, the ticket charges for all visitors are Rs.60 for adults and Rs. 40 for children on working days. On Saturday, Sunday, and any public holidays, the tickets will be Rs.120 for adults and Rs. 60 for children.
General visitors can indulge in shopping for home decor, handicrafts, food items, apparel, and so on sourced from all corners of the country. Indeed, it is a shoppers paradise. Many people who visit the fair, make it a point to do so every year – such has been the popularity of the fair in the past!
Tickets can be obtained from all metro stations in NCR and at the entry gates of Pragati Maidan. I hope you are looking forward to the upcoming trade fair in India in 2020!