Greater Noida: Spring fair signs off with business enquiries worth Rs 1,700 crore
The five-day handicrafts fair in Greater Noida was held from February 16-20 at the India Expo Centre & Mart. 91 countries participated this year with maximum representatives coming from the USA, followed by the UK, France and Germany.noida Updated: Feb 21, 2017 10:52 IST
The 43rd edition of Indian Handicrafts and Gifts Fair (IHGF) – Delhi Spring managed to get business enquiries worth Rs 1,700 crore, despite a few traders expressing disappointment over the slump in the market. The international fair attracted participation from 91 countries this year with maximum representatives coming from the USA, followed by the UK, France and Germany.
The five-day handicrafts fair was held from February 16-20 at the India Expo Centre & Mart in Greater Noida. It saw the participation of over 3,000 exhibitors and potential buyers from across the globe.
Rakesh Kumar, the executive director of Export Promotion Council for Handicrafts (EPCH), said, “The focus of buyers was mainly on product categories such as furniture and accessories, home textiles, house decor and gifts.”
The fair also gave a special thrust to promotion of crafts from the northeastern region of India and Jodhpur mega cluster to provide the market linkages to artisans, craftspersons and upcoming entrepreneurs from both regions.
“More than 26 entrepreneurs from the northeast and 10 from Jodhpur mega cluster participated in the fair,” Kumar said.
Besides overseas buyers, a large number of domestic retail volume buyers and e-commerce companies also visited the show and showed interest in sourcing products from artisans.
To provide a boost to Indian handicrafts, a MOU was signed between EPCH and IIFT for setting up incubation centres at the craft cluster. A pilot incubation centre has already been set up at the Moradabad Resource Centre. EPCH and IIFT aims to create 5,000 entrepreneurs in the next five years, Kumar said.