The International Trade Fair, which will run from 14th November to 27th November, has started in Delhi, which is being held at Pragati Maidan. The fair attracts a crowd of around 30-40 thousand people daily, and during weekends and holidays, this number can reach around one lakh.
Let us tell you that between 14 and 18 November, only business visitors were allowed to go to the fair. Whereas between 19 and 27, it will also be open to the general public.
According to the advisory, there is no entry for visitors from gate numbers 5-A, 5-B, 7, 8 and 9. Visitors have been allowed to enter from gate numbers 1, 4, 6, 10. Let us get detailed information about it.
What Is a Trade Fair?
A trade fair is a business event to promote trade between products and services. Various commercial products are showcased here, such as electronics, clothing, food and drinks, gadgets, jewellery, furniture, vehicles, etc. Here, business transactions take place, and new business networks are created. Trade fairs provide a platform where business deals can take place.
They Get Permission To Set Up Their Stalls There
Trade organizations, manufacturers, financial institutions, local businesses, small startups, and other business-related persons can set up their stalls at the trade fair. Here, they can showcase their products and services and pursue business agreements.
All the businesses considering going there have to keep one thing in mind: they can sell their products internationally. That means the ability to expert them is necessary. Because the trade fair is a global event, this rule is for Indian businesses. Digvijay Sengar, who has been running his manufacturing unit in Jodhpur for seven years, says that this one has to become a member of the Export Promotion Council. It collaborates with the Ministry of Commerce of the Government of India. This council works in handicrafts and other fields.
Foreign Companies Also Get A Chance
You will be surprised to know that companies from many countries present their products at this trade fair. The government prepares a separate hall for foreign companies. Where partner countries set up their stalls for business. When we talked about the business experience of foreign companies at the fair, we learned that they are getting very good responses there. Karcher India (the Indian subsidiary of Germany-based Karcher) also had its stall at IITF.
We asked Jatinder Kaul, Managing Director, Karcher India, about his views on Indians demanding the best products at affordable prices. His company is selling premium products. He said that his company currently offers quality products at the best rates compared to competitors’ prices, providing an excellent service to the common people. He believes that if any company wants to survive in India, it must balance products and prices. Let us tell you that this company produces cleaning-related products for homes and offices.
