GREATER NOIDA: The 44th edition of Indian Handicrafts and Gifts Fair, titled IHGF-Delhi Fair Autumn 2017 will be held from October 12 to 16 at India Expo Centre and Mart, Greater Noida.
Over 2900 Indian handicraft exhibitors including 900 permanent marts, drawn from all over India will be exhibiting home, lifestyle, fashion and textiles products spreadover in 14 halls covering 1,90,000 sq. mtrs space with over 2000 designs and styles.
The five-day fair is a B2B (business to buyer) event with nearly 3000 exhibitors that will aim at generating sales in the field of handicraft and textiles.
Promoted by Export Promotion Council for Handicrafts [EPCH] which is a nodal agency for promotion and development of handicrafts sector and which has been organising the IHGF-fair for the last 23 years, the fair is expected to generate a large amount of inquiries and orders on the occasion.
Earlier, this year in February, the 43rd edition of the IHGF closed with business enquiries worth Rs 1700 crores, 200 more buyer participation from last year and maximum buyers from countries like USA-625, Germany-211, UK-376, France-277 and more.
According to Rakesh Kumar, executive director EPCH the overseas buyers' participation increased from 4700 last year to 4900 this year. "The fair generated business enquiries worth Rs 1700 crore this year," said Kumar who has been nominated as president of the reception committee of IHGF-Delhi Fair Autumn 2017 for smooth functioning of the event.
Besides overseas buyers, a large number of domestic retail buyers and e-commerce companies will also participate in the event especially from north east and Jodhpur cluster.
The exports of handicrafts during the latest period April-January 2016-17 have registered a growth of 13.06% in rupee terms and stands at Rs 20282.18 crore. However, the growth in dollar terms is 9.43 % with exports of US $ 3018.58 million. The export target of US$ 3600 million (Rs 23560.00 crores) is set for the year 2016-17.
Source: timesofindia.indiatimes.com