PDA Trade Fairs, in the press note reiterate - As the world is going through a financial crisis, many smaller regional trade fairs could become untenable due to minimal internal demand. The automatic choice therefore for exhibitors would be to look at a successful trade show that would cater to many regions.
India alone after seeing a growth rate in excess of 9 per cent for the last 3 years, has held its ground, industry experts estimate India’s growth rate in the current year at between 7 and 8 per cent Per Annum. There are over 40 million households in the mid to upper affluence level. About 1.6 million households earn over USD 100,000 and spend USD 9,000 of this on luxury goods, each year. In light of these statistics, most International companies from various sectors and from the wood working sector would be looking at a strong potential market such as India to revive their sales and revenues.
The woodworking industry in India is considered a sunrise sector and Indiawood has fuelled the growth of this Industry. Indiawood 2010 will showcase everything from simple hand saws to the latest CNC machines. Indiawood will also showcase the full range of wood processing technologies, fittings, Raw materials, accessories & tools from around the world.
Helping to meet the demands of the booming local furniture manufacturing industries, Indiawood 2010 will, once again, continue to catalyze the growth of this sector also spawn the growth of new Industries, thereby creating immense employment opportunities for skilled wood workers.
Indiawood, as the most definitive wood working industry show outside USA and Europe, now more than ever is in a position to deliver potential business not only through the Indian market’s internal requirements but also from buyers from the rest of the Asian and the Gulf region.
To be a part of the estimated US$4.4 billion Indian furniture manufacturing sector and make new contacts for your business from the rest of the Asian and Gulf region - Indiawood 2010 promises to be the most definitive platform. INDIAWOOD 2010 has already sold out over 65% of the 30,000 Sq Mtrs space , with country pavilions from Germany, Italy, Taiwan and USA having already confirmed large spaces for their respective country pavilions. INDIAWOOD 2010 is expecting a phenomenal participation from China too. |
