News in Brief

Korean manufacturing industry collaborates with TradeIndia to initiate Virtual Korea Sourcing Fair 2020

India Global Business Staff

TradeIndia, one of India′s leading B2B online marketplaces, has joined hands with the organizers of the Korean G-Fair 2020, namely, the provincial government of Gyeonggi-do & Gyeonggi Business and Science Accelerator.

G-Fair - Korea Sourcing Fair is now reaching its 12th edition, is the largest Korean SME expo that features the best of innovation and technology originating from the Province of Gyeonggi, South Korea. To that end, TradeIndia will facilitate the virtual transmission of this much-anticipated business spectacle for the benefit of the Indian small-business sector on its flagship digital platform. This will not only enable Indian SMEs and MSMEs to connect and interact with their Korean compeers but will also ensure the emergence of South Korea as an important strategic global business partner for India in the aftermath of the Indo-Chinese fallout.

The marquee trade exposition will feature over 120 South Korean manufacturers and suppliers exhibiting 500+ products ranging from diverse verticals such as Electrical & Electronics, Industrial Building Materials, Consumer Products & Kitchenware, and Beauty & Wellness.

The event will be conducted via a vibrant virtual interface with one-to-one video meetings, digital product display amid a virtual business environment. This will assist in paving a unique platform for both exhibitors and visitors from the two nations to attend and interact from the comfort of their homes/offices.

The esteemed tie-up between the Korean business community and TradeIndia is slated to extend a larger-than-life impression to the virtual event. The seminal business congregation will further provide a comprehensive boost to the Indian SME and MSME sector in this post-COVID normal. It will also allow small and medium scale enterprises from both countries to reap the benefits of duty-free imports owing to the landmark CEPA trade agreement finalized between India and South Korea.

"We are proud to host the vibrant Korean business community by catalyzing the G-Fair - Korea Sourcing Fair 2020 along with the Korean government and the Gyeonggi Business and Science Accelerator. With the cognizance of the transformed times, we are helping them virtually conduct the event through our cutting-edge digital platform. This bilateral business confluence is set to herald a plethora of advantages for the SMEs and MSMEs of both countries," said Sandip Chhettri, COO, TradeIndia, while commenting on the trade expo.

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