Global Sources (Nasdaq: GSOL) Successful Fairs in Mumbai Lead to
Windsor, Alberta 11/30/2009 06:05 PM GMT (TransWorldNews)
Global Sources (Nasdaq: GSOL) sponsored thousands of importers, retailers, wholesalers, distributors and other volume buyers converged on the China Sourcing Fairs this past week in Mumbai, November 20- 22, 2009. The Fairs, managed by Pico Event Management under license from Global Sources (Nasdaq: GSOL), are the largest Greater China-products events in India.
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With the success of this year's Fairs, the events will expand in 2010. In addition to the China Sourcing Fairs: Electronics & Components, Hardware & Building Materials and Auto Parts & Accessories, next year's Mumbai schedule will include the launch of China Sourcing Fairs: Security Products, Gifts & Premiums, Home Products and Bathroom Products. The Fairs are scheduled to be held again at the Bombay Exhibition Centre, September 8-10, 2010. "This is a good show for finding China-made products," said Rajeev Shah of Korne Ltd. "We have been to the shows in Hong Kong and China. But it is very convenient to meet such a wide selection of Chinese manufacturers here in Mumbai." "We are very pleased with the turnout at this year's event," said Tommy Wong, President of Global Sources Exhibitions. "It is clear that Indian buyers are aggressively looking for new product designs and new suppliers to stock their shelves -- and they are looking to Greater China manufacturers for those products." "The survey results map closely to India's overall economic development," said Bill Janeri, General Manager at Global Sources. "As India's economy grows, there is increased demand for consumer goods. With the expansion of the new China Sourcing Fairs next year in Mumbai, China's exporters will be better positioned to deliver a wider range of products to India's importers." Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China. The core business uses English-language media to facilitate trade from Greater China to the world. The other business segment utilizes Chinese-language media to enable companies to sell to, and within Greater China. Suppliers receive more than 96 million sales leads annually from buyers through Global Sources Online alone. Global Sources has been facilitating global trade for 39 years. Global Sources' network covers more than 60 cities worldwide. In mainland China, Global Sources has about 2,500 team members in more than 40 locations, and a community of over 1 million registered online users and magazine readers for its Chinese-language media.
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