Successful China Sourcing Fairs in Mumbai lead to expansion in 2010

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, are the largest Greater
China-products events in India.

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."