‘International Home Décor, Furniture & Home Textile Virtual Expo’ is a one-to-one online business matching week scheduled from 20-22 October 2021 and is organized by Worldex India Exhibition and Promotion Pvt. Ltd.
India imported around US$ 2 billion worth of products last year across the Home Décor, Furniture & Home Textile sectors and this sector is growing steadily as the Indian economy grows and consumer demand increases. This Expo looks to promote this inter-regional growth proactively thus supporting various businesses through this virtual platform. This virtual event will be hosted on Bee2bee Business Matching platform.
Bee2Bee is a proven online platform that helps businesses generate, organize, track and grow their business through Face2Face business matching and other interactive channels. We are confident that this expo will also successfully match industry requirements and provide a positive boost to the Home Décor, Furniture & Home Textile sectors.
This virtual expo will connect participating companies from India, Sri Lanka, Bangladesh, Malaysia, Korea, and Vietnam. It will welcome leading industry buyers from across the ASEAN countries but primarily from Thailand. Thailand remains considered the gateway to ASEAN due to its strategic location of being at the center of most ASEAN countries.
- 6+ International Participating Countries
- 10 ASEAN countries with a focus on Thailand
- FICCI India Pavilion with 50 + companies
The focus on ASEAN is due to the fact that the economic partnership between India and ASEAN has continued to strengthen since the ASEAN-India Free Trade Agreement (AIFTA) coming into effect in 2009.
The FTA offers opportunities for Indian manufacturers and exporters seeking long-term business via joint ventures/collaborations at the virtual expo. Total trade between India and ASEAN remains valued at US$86 billion in 2020, from US$59 billion in 2017. Thus there was a clear growth that was only slowed by the pandemic.
At the same time, India-ASEAN trade has the potential to reach US$300 billion by 2025. ASEAN remains already the world’s third most populous economy. Now, it moves to make the fourth-largest single market by 2030, with a GDP of US$7 trillion.
Furthermore, domestic consumption remains expected to reach US$4 trillion. Also, the population too will rise to 723 million from 648 million currently. In the ASEAN region, Thailand ranks as India’s 5th largest trading partner after Singapore, Vietnam, Indonesia, and Malaysia.
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Mr. Rajesh Bhagat, MD of Worldex India and organizer of the virtual expo, “The Bee2Bee online platform remains dedicated to bringing business back on track. It does so by connecting quality suppliers and genuine buyers onto one networking platform. This platform delivers all the benefits of a physical trade fair coupled with the safety of an online interactive experience. We are confident that this International Home Décor, Furniture & Home Textile Virtual Expo will go far in strengthening international business partnerships in the Home Décor, Furniture & Home Textile sectors.”
Looking at scaling up business in this area of the globe, the Federation of Indian Chambers of Commerce & Industry (FICCI) has formed a FICCI India Pavilion with 50 + companies at this virtual expo. Also, the participating companies will showcase and promote ‘Made in India’ Home Décor, Furniture, Home Textiles, Handicrafts, Houseware, Apparel, Textiles, Medical Textiles, Fibers & Yarns products.
- Buying Agents Association (BAA), India
- The India–Thai Chamber of Commerce in Thailand
- The Indian Business Chamber in Vietnam (INCHAM)
- The National Chamber of Commerce of Sri Lanka (NCCSL).