The trade expo is hosting more than 2,000 exhibitors from industries like agriculture, defense, e-commerce, glass, marble, leather, handloom and handicrafts, and textiles across 13 large rooms. (@sahil_vi)
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Greater Noida: Amidst a backdrop of high expectations, the inaugural Uttar Pradesh International Trade Show in Greater Noida has garnered mixed reviews from exhibitors and attendees. As the event unfolds, some international buyers are seizing the opportunity to establish new business connections, while domestic retail customers dominate the sales landscape. Despite the diverse range of industries represented, including agriculture, defense, e-commerce, and textiles, the presence of foreign buyers remains limited, leaving some exhibitors questioning the event's organization.
A tiny crowd gathered around a buyer's facilitation booth for foreign buyers on the second day of the inaugural Uttar Pradesh International Trade Show in Greater Noida. With a few business partners by his side, Samuel Boateng, the owner of an IT product company in Ghana, is busy formulating his next course of action.
The 35-year-old said the occasion presents a chance to forge new business relationships, which is precisely the goal of the event's organisers, the government of Uttar Pradesh and the India Exposition Mart in Greater Noida.
Boateng says, "We have retailers back home from whom we buy, but I'm looking for a big supplier," adding that he got good deals at the show.
The trade expo, which ends on Sunday, not only assists companies with sourcing products but also highlights other locally produced goods, geographically-indication-tagged products, and the state's one district, one product (ODOP) initiative, reported Business Standard.
The trade expo is hosting more than 2,000 exhibitors from industries like agriculture, defense, e-commerce, glass, marble, leather, handloom and handicrafts, and textiles across 13 large rooms.
According to the stall proprietors, domestic retail customers have made up the majority of the sales so far.
Director of the maker and exporter agates N stones in Baghpat, Uttar Pradesh, Ashish Jain, claims that he has had an "okay response" from customers. He claims that just three to four foreigners have really stopped by his stall.
Many exhibitors confirmed as much to Business Standard. The "brass city" of Moradabad's Metaledge Exports, whose director is Manoj Kumar Sharma, says: "We can't say it's that good a crowd yet; and it's largely domestic purchasers. For a business like ours, exporting doesn't suit its aims. I haven't yet seen any of the hundreds of foreign customers that we were assured would be there.
He calls ODOP a "noble initiative," but he criticizes the way it is being carried out at lesser levels. It should have been organized better, he says, noting that involving non-government organizations is ideal. "Some such stalls were not ready in time," he says. Exhibitors are focused on finding business-to-business buyers at the trade show more than on making sales.
Despite sporadic sales, Dinesh Kumar Yadav, a carpet vendor from Varanasi, considers the visibility and promotion among potential customers to be a good enough deal. He adds that they often get orders and inquiries from businesses like hotels. "In two days, we have probably had 10 serious queries but zero sales," he says.
Silk, wool, and jute are among the materials used in the products at his stand. One of the items has the image of Prime Minister Narendra Modi woven into it only for promotional purposes.
Over the weekend, more buyers are anticipated at the trade expo. G B Singh and his wife Willi Singh, who reside in the US, were interested to see how the event's debut compared to previous international expos they had seen in New Delhi.
They describe the goods as amazing, unique handicrafts when questioned. Ashish Thakur, a ninth-grade student from Ghaziabad, traveled to the trade exhibition with his pals as part of a school excursion.
He really loved talking to various vendors, imagining potential business initiatives, viewing electric car demonstrations, and trying out complimentary goods.