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5th Capindia 2019 gives major fillip to exports by MSMEs & first-timers
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Friday, 06 December, 2019, 15 : 00 PM [IST]
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Our Bureau, Mumbai
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India’s largest export sourcing expo, 5th Capindia 2019, concluded successfully after three days of interactions between Indian exporters and international buyers.
The show is a major fillip to exports by MSMEs and first-time exporters supported by government bodies and agencies and Reverse Buyer-Seller Meets (RBSMs) for MSME exporters with 400+ international buyers from 48 countries have been a success, according to Sribash Dasmohapatra, ED, Plexconcil, the lead organiser of the expo, organised under the aegis of the Department of Commerce, Union Ministry of Commerce & Industry, Government of India, supported by Department of Chemicals and Petrochemicals, Government of India; jointly organised by Plexconcil, Chemexcil, Capexil and Shefexil.
Existing and new budding Indian exporters directly engaged with more than 400+ international buyers from 48 countries during the RBSMs at the show - India’s largest sourcing and networking event for plastics, consumer & packaging materials, chemicals, building & construction material, mining & mining products, allied machinery, shellac, forest and allied products.
“Tamil Nadu state had a pavilion for all its MSME and first time exporters. There was substantial representation from Africa, which is the sunrise destination for plastics. Cambodia sent a delegation to India for the first time ever. Chemicals witnessed action in beauty and cosmetic segment. United Nations SDG goals of housing for all will give a fillip to construction and building material from India. Forest products from India will now be sourced directly rather than through other intermediaries,” said Dasmohapatra.
International buyers from 48 countries have expressed happiness with the show. Mihail Panec, Alex Neosim SRL, said, “This is the very first time that I have visited India. CAP is very well organised. Frankly, we had the higher expectations and CapIndia has fulfilled it. We have got very interesting offers and attractive prices from the Indian companies and look forward to collaborate and have business in the future. We can here to get an idea about the international market and have sense of capability and capacity of manufacturing. We were positively surprised with development and scope. Many companies are selling products which are of great quality matching the European standards and an attractive prices. This makes the products extremely attractive due to low prices and high quality. We hope to make good business with India.”
Another buyer from Kazakhstan said, “We in the business of manufacturing machines for all types note books like school books to office diaries and also manufacture packaging materials. We have a long association with India, our first facility was put up in India around 20 years back at Ahmedabad. We believe Indian quality of raw materials are better prices and quality-wise as well they are top class. We prefer India over any other competitive markets may it be China or another country. Indian products are better in quality and durability.”
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