EPCH ORGANIZING A BUYER SELLER MEET ON 30 NOVEMBER & 01 DECEMBER 2015 IN LIMA, PERU
The Export Promotion Council for Handicrafts (EPCH) is the nodal agency for the promotion and development of handicrafts exports from India. The Council with the support of Embassy of India in Lima, Peru and Lima Chambers of Commerce is organizing a Buyer-Seller Meet in Hotel SOL DE ORO, Lima, Peru for the promotion of Indian Handicrafts in PERU. The activity is sponsored by Office of Development Commissioner (Handicrafts), Ministry of Textiles, Government of India.
The Buyer-Seller Meet will be inaugurated by His Excellency Mr. SANDEEP CHAKRAVORTY, Ambassador of India to PERU on 30th November 2015.
The Buyer Seller Meet in the Latin American Region has been a successful annual event since the last five years and this is the 2nd such event being organized by the Council in Peru. 17 Indian handicraft exporters are participating in this BSM and displaying a wide range of Handicrafts, Decorative, Houseware Home Furnishing, Made Ups, Shawls, Scarves, Fashion Jewellery & Accessories, Jute Bags, Bags, Fashion Garments, and Christmas Décor. The Buyer Seller Meet is a B2B exhibition for order booking for future supplies.
With premium products to suit contemporary demands, manufacturers in India focus on freshness and new thinking. India’s exports to the Latin American Region have seen a healthy and consistent growth with our manufacturers & exporters growing knowledge of market trends and consumer preferences.
Mr. Rakesh Kumar, Executive Director, EPCH mentioned that the objective of organizing this Buyer-Seller Meet is match making of Indian companies with the Peruvian companies interested in sourcing Handicrafts, Gifts, Lifestyle products for the Peruvian market thereby creating a ‘Brand Image” of Indian Handicrafts amongst Latin American buyers.
The main exports markets for Indian handicrafts are USA followed by EU, Middle East and Far East. However, Latin America and Caribbean countries (LAC) are emerging as a new destination for exports of Handicrafts. Indian Craftsmanship, Ethnic Designs and colours are unique and have no comparison with products from other countries. The range produced in India is very large and wide and the quality and price structure varies from high-end market, middle end market to low-end market.
The Executive Director further elaborated that the LAC and Caribbean countries are the potential markets for the Indian handicrafts. The exports of handicrafts from India are growing at a healthy rate and stood at US$ million 3048.42 in 2014-2015. The average exports growth in exports of handicrafts from India has remained between 15 – 16% per annum. The exports of India handicrafts to Peru was of USD 2.71 million during the 2012-13 which increased to USD 3.53 million during 2013-14.
It is expected that this Buyer-Seller Meet in association with Indian Embassy and Lima Chamber of Commerce will lead to a growth in Indo-Peruvian Trade relations.
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