INDIA: IndiaMART to Participate in The Magic Marketplace 2010

NEW DELHI: Capitalizing on every opportunity to mark its presence in the global market, IndiaMART.com, India's largest online B2B marketplace, has decided to participate in the world's leading trade event in apparel and fashion industry, 'The Magic Marketplace'. Slated to be held from August 16-19, 2010 at Mandalay Bay Convention Center, Las Vegas, USA, the preeminent trade show aims to connect and inspire the fashion community, fuse diverse trends, among others. IndiaMART.com will seek to capture the attention of a host of international buyers and sellers at the trade exhibition and will strive to understand the need of global buyers with respect to the apparel and garment sector.

Commenting on the participation, Mr. Dinesh Agarwal, Founder and CEO, IndiaMART.com, says, "India's apparel and fashion industry is one of the largest in the world. The main growth propellers in this sector have been the Small and Medium Enterprises (SMEs). We believe these SMEs have a lot of potential to make their mark on the world stage. The Magic Marketplace provides us with a great opportunity to showcase their capabilities and bring them on the global map."

IndiaMART.com will be participating in the trade event for the seventh consecutive time since 2007. Like previous participations, this time too India's largest online B2B marketplace aims to promote thousands of India's suppliers of apparel (men, women and children), footwear, accessories and sourcing resources. The company will host a welcome booth at Magic Marketplace 2010 at stall number MA68109 North Hall and will offer guidance on the sourcing needs and queries of international buyers regarding the quality and cost-effective apparels and accessories offered in India. IndiaMART.com will also provide exclusive copies of IndiaMART.com Sourcing Guides, which carry comprehensive details of Indian suppliers in fashion and apparel industry.

The Magic Marketplace is a reputed and most influential trade event which takes place every August and February in Las Vegas. It will host a number of seminars and events in the course of four days, providing an ultimate opportunity to meet over 700 manufacturers, design and textile resources, fabric mills and component suppliers from the world's most important regions and markets, all under one roof.

About IndiaMART.com
IndiaMART.com is India's largest online B2B marketplace connecting global buyers with suppliers through business directories, online product catalogs, buy-sell offers, industry specific marketplaces, printed media and trade shows participation.

Founded in 1996, the company has a pan-India presence in over 100 cities. With over 2000 employees located across 47 offices in the country, IndiaMART.com offers an extensive range of value-added products and services to its 10,00,000 registered members and nearly 5 million global buyers across various industries and verticals.

IndiaMART.com has won numerous awards over the years and has been widely covered by media such as CNBC, BBC, BusinessMoney, CNN, Businessworld, Economic Times, Financial Express, etc for its pioneering role in promoting SME business in the country. Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd (Times Group), India's largest print media group.


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Added: August 16, 2010 Source: Agencies
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