Importance Of Trade Fair

2605 Words11 Pages
TRADE FAIRS: A TOOL FOR ENGINEERING EXPORT PROMOTION ABSTRACT: Are trade fairs still relevant? In this age of Internet and electronic commerce - how valid are trade fairs? Let us examine. EEPC India, an elite government supported organisation that deals into “Engineering Export Promotion”. The various medium that it opts to for fulfilling its objective of ease of doing business for Indian Manufacturers all around the globe are its international and domestics exhibitions and its pavilions in various international trade fairs. EEPC India has in export promotion business from past 65 years, wherein they have evolved their methods and strategies as per the government’s changing foreign trade policies. This case study illustrates how trade…show more content…
The essential part of the Department is to simplicity establishment of an empowering situation and foundation for expanded development of worldwide exchange. The Department expresses, actualizes and screens the Foreign Trade Policy (FTP) which gives the essential structure of approach and method to be taken after for advancing fares and exchange. The Trade Policy is intermittently looked into to fuse changes important to deal with developing financial situations both in the residential and global economy. Henceforth we saw that EEPC India in joint effort of Ministry of Commerce and Industry thought of its 2 noteworthy exchange fairs which were: 1. INDEE-Indian Engineering Exhibition (International Exhibition) 2. IESS-India Engineering Sourcing Show (Domestic Exhibition) The main presentation led by EEPC India was late in 1977. The occasion was INDEE held in Singapore in which 154 Indian organizations took an interest and a footfall of 18000 guests was recorded.From there on there has been a number of INDEEs in various parts of the world like Indonesia, Thailand, Kenya, Myanmar, Morocco, Egypt, Brazil, and various…show more content…
It additionally urges the SMEs to coordinate their business to the worldwide worth chain. To support building worldwide associations with India, EEPC India sorts out India Engineering Sourcing Show (IESS), the biggest showcase of designing items and administrations consistently. This is perceived as the main sourcing occasion in India – showcasing the most recent innovations and a favored meeting spot for worldwide purchasers & venders. This show is likewise essential to energize remote interests in accordance with the recently started "Make in India" battle, by Government of India. Developing its general motivation, EEPC India distributes a few reports/studies to make the individuals mindful about the universal patterns and opportunities with a specific end goal to upgrade their worldwide foot shaped impressions. Continuing 'Building the Future' as the witticism, EEPC India serves as the reference point for the Indian designing industry and the worldwide business group in its endeavors towards setting up India as a noteworthy designing center later REFERENCES • EEPC INDIA:

More about Importance Of Trade Fair

Open Document