Millennium Post

Trading Glory

Trading Glory
President Pranab Mukherjee inaugurated the 34th India International Trade Fair (IITF) at Hamsadhwani Theatre, Pragati Maidan yesterday. The  annual flagship  event  of  the  India  Trade  Promotion  Organisation (ITPO) also witnessed presence of other dignitaries like – Rita Menon (Chairman and Managing Director, ITPO), Elizabeth Thabethe (Deputy Trade and Industry Minister of South Africa), Nirmala Sitharaman (Minister of State for Commerce and Industry, Independent Charge), Najeeb Jung (Lieutenant Governor of Delhi), Kalraj Mishra (Union Minister of Micro, Small and Medium Enterprises) among others.

Speaking on the ocassion, Pranab Mukherjee said, ‘India is moving in the next phase of development and IITF works as a keleidoscope of the country. It provides the opportunity for traders to interact with their foreign counterparts. It gives a lift to the traders’ growing interest in India as a manufacturing and investment destination’.

This year 25 countries are participating in this mega event. Over 6000 firms including 268 from overseas will be exhibiting their products at the fair. 2 million visitors are expected at the fair this year.

South Africa has been accorded the ‘Partner Country’ will be displaying their handmade collection by 34 South African crafters. Thailand is the ‘Focus Country’ at the fair whereas the Focus State this year is Delhi itself.

This year the theme of the fair is ‘Women Enterpreneurs’. The mega event will showcase the tremendous leadership qualities of progressive women entrepreneurs in the society.  

Adressing the guests at the event Rita Menon said, ‘This event is a ultimate manifestation of India’s size, economic progress and diverse culture. IITF 2014 aims to have implications for much economic integration, improving connectivity between India and ASEAN countries and the trade region.’ IITF 2014 will not only provide an opportunity for the business community to develop contacts with international players, but the trade fair will also focus on the new Make in India mantra coined by Narendra Modi, which will further enhance India's global appeal to attract investments in diverse sectors.

Nirmala Sitharaman said, ‘ IITF 2014 reflects a renewed hope that a new resurgent India will be built on a fast track bringing pride and dignity for all with the spirit embodied in Sabka Saath, Sabka Vikas ( together with all, development of all).

Union Minister Kalaraj Mishra inaugurated the Khadi and Village Industries Commission’s (KVIC) pavilion at hall no 15 of the venue. The pavilion comprises approximately 170 stalls of institutions, entrepreneurs, craft persons etc. The units from all over India right from Jammu & Kasmir to Kanyakumari and Kutch Bhuj to Arunachal Pradesh are participating in the Khadi Pavilion. KVIC is also going to organise an export workshop on 25 November in ITPO to establish its long range of products in the international market.

The pavillion of Department of Custom and Central Excise will be promoting  e-governance this year whereas the Bureau of Energy Efficiency have initiated several schemes that targets their main motto. The first five days of IITF are reserved for the business visitors while the general public can visit the trade fair from 19 -27 November. 

For the convenience of the general public tickets for the fair are made available at over 140 metro stations.

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