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With 7,300 buyers from 110 countries, IHGF Delhi Fair breaks all records

Updated: Oct 19, 2015 11:53:22am
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New Delhi, Oct 19 (KNN)  Business enquiries worth a whopping Rs 2700 crore have been generated as curtains came down on the 40th edition of IHGF Delhi fair at Greater Noida on Sunday.  The event saw the presence of 7300 buyers from 110 countries.

“Over 7300 trade visitors including international buyers, buying agents and domestic volume retailers interacted with India’s handicraft sector making it the world’s largest fair of Indian handicrafts, home, lifestyles and fashion products”, informed Executive Director, EPCH, Rakesh Kumar, in an official release. 

IHGF’s Autumn Fair was organised by the Export promotion Council for Handicrafts (EPCH), the nodal agency for promotion and development of handicrafts in the country.

Compared to 313 exhibitors  spread over an area of 5,500 sq.m in 1994, this year’s event played host to over 2,750 exhibitors spread over 1,90,000 sq.m area, with more than 1600 product lines and styles. 

Foreign media from Australia and ASEAN and African countries like Vietnam, Cambodia, Tunisia, Egypt and Senegal were also invited to cover the home, lifestyles and fashion products which are still unexplored in these countries. 

Various knowledge seminars were held on - importance of social media to maximize presence and sales; opportunities and export strategies for Handicrafts products in CIS markets; safeguarding one's business from international frauds; export opportunities in Latin America through warehousing facility at Uruguay, increase in export through effective digital medium and skill development in handicrafts and carpet sector, to name a few.

According to Rakesh Kumar, despite the overall slump in exports in various commodities, the exports of handicrafts in the first six months of 2015-16 stood at Rs 9108.41 crore, registering a growth of 9.92 per cent in rupee terms.  (KNN Bureau)

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