MUMBAI, India, May 6, 2011 /PRNewswire-Asia/ -- Global Sources (NASDAQ: GSOL) (http://www.globalsources.com) and Infocom Network Ltd., which owns and operates Tradeindia.com, are scheduled to jointly host the Global Sources Machinery & Industrial Supplies Fair on Nov. 23-25 at the Bombay Exhibition Centre in Mumbai. Co-located with the China Sourcing Fairs, the event is dedicated to helping domestic suppliers and buyers in India do business in one of the country's fastest growing industries.
President of Global Sources Exhibitions, Tommy Wong, said: "India has earmarked US$1 trillion for infrastructure projects as part of a five-year plan starting in 2012. Additionally, as the country's manufacturing expands, demand for machinery is growing rapidly.
"This represents our entry into India's domestic market. We are pleased to be working with Tradeindia.com, the country's largest online B2B marketplace and one of the country's B2B leaders, to jointly host this event. Our goal is to create opportunities for buyers to meet face-to-face with quality suppliers who can help them profit from this booming sector in one of the world's fastest growing economies."
CEO of Tradeindia.com, Bikky Khosla, said: "This event should create new domestic business opportunities for Indian suppliers, while supporting the growth of the local economy. We are proud to partner with Global Sources, one of the world's largest trade show organizers.
"Both of our companies are focused on connecting high-end buyers with quality suppliers. Our goal is to make this event the premier trade show platform for machinery and industrial product suppliers and buyers in India."
Global Sources Machinery & Industrial Supplies Fair is expected to feature over 200 booths with pavilions for conveyor belts, gear boxes and gear cutting products, engineering goods & equipment, fasteners, machinery, nuts & bolts, pumps & pumping equipment, testing & measuring equipment and valves.
Buyers can find more information and register for free entry at www.misindiafair.co.in .
About Global Sources
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.
The company provides sourcing information to volume buyers and integrated marketing services to suppliers. It helps a community of over 1 million active buyers – including the world's top 25 retailers – to source more profitably from complex overseas supply markets. With the goal of providing the most effective ways possible to advertise, market and sell, Global Sources enables suppliers to sell to hard-to-reach buyers in over 240 countries.
The company offers the most extensive range of media and export marketing services in the industries it serves. It delivers information on over 5.7 million products and more than 262,000 suppliers annually through 14 online marketplaces, 13 monthly print and 18 digital magazines, over 90 sourcing research reports and 73 specialized trade shows a year across nine cities.
Global Sources has been facilitating global trade for 40 years. Global Sources' network covers about 60 cities worldwide. In mainland China, Global Sources has about 2,700 team members in more than 40 locations, and a community of over 2.8 million registered online users and magazine readers for its Chinese-language media.
Tradeindia.com is maintained and promoted by Infocom Network Ltd, a two-decade old entity having started its operations in 1990. In 1996 Tradeindia.com got conceptualized with the advent of internet in India. Since then the portal has created a niche for itself as India's largest B2B marketplace that offers comprehensive business solutions to the global EXIM community through its wide array of online services, directory services and facilitation of trade promotional events. Tradeindia is an ideal forum for buyers and sellers across the globe to interact and conduct business smoothly and effectively.
With a specialisation in acquiring, maintaining quality database and offering relevant online promotions, Tradeindia offers quality results for users who use tradeindia.com to reach out to companies of their interests, whose latest creations are displayed in product catalogues under 1,522 different product categories and sub-categories. As per estimates, the company is contributing over US$ 3.5 billion of business to India's International Trade today. With offerings ranging from catalogue to domain booking, credit reports to call suppliers for free, Tradeindia offers services that makes the potential of finding quality buyers and sellers by users easy and comfortable.
Global Sources Press Contact in Asia
Global Sources Investor Contact in Asia
Global Sources Press Contact in U.S.
James W.W. Strachan
Global Sources Investor Contact in U.S.
Mary Magnani & Timothy Dien
Lippert/Heilshorn & Associates, Inc.
SOURCE Global Sources