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43rd Edition Show Bulletin IV

Organizer:
16 - 20 February, 2017; India Expo Centre & Mart, Delhi - NCR Export Promotion Council for Handicrafts

IHGF Delhi Fair


Biggest, best and boldest show
defines Indian product range & potential
IHGF Delhi Fair prides in a journey of routing the note, considering the
discerning connoisseur as well as the trade visitor foot traffic to their stall
into the Indian subcontinent to explore a treasure and enquiries
house of multitude skills and craftsmanship. It has received.
connected the world to India's versatile handicrafts
Brimming with
industry and congregated its stake holders at the
innovation, freshness
world's largest platform to conduct business with
and positive energy,
buyers from across the world. IHGF is a proven &
exhibitors seem to have
established trade destination and a spring board
taken responsibility to
for growth, as manufacturers have expanded
report a successful
operations and buyers have broad-based their
show. Comprehensive
sourcing from India. Patronized by a growing
collections with quality,
number of participants with each edition, this
functionality, aesthetics &
show is running the course of its 43rd edition
inspiring ideas are
with exhibitors in fourteen well defined product
enthusing several trade visitors at the show.
categories.
Advancement in technology and paucity of time are
The field days at IHGF Delhi Fair-Spring 2017 are keywords for the flux in lifestyle changes, giving seed
seeing buyers from several countries taking stock to new ideas and innovations in home, lifestyle,
of options in their product categories of their fashion and textile products. There is evident fusion
interest. Negotiations are in full swing and many of the traditional and the contemporary, the classically
exhibitors are hopeful of signing off on a positive simple and the modern day simplified. The handmade
is being substituted beautifully by the handcrafted. And
the resource called India is revisited for its inspiration,
craftsmanship and capability to transform ideas into
objects of desire.

1
View Points
Expert opinions from Captains of the Industry
on the Sector, IHGF Delhi Fair & more...
Young generation business models are EPCH has been helpful in foreseeing
bringing in constructive transformation things and making timely interventions
This fair is helping all our members in their EPCH has been helpful in foreseeing things
varied product categories. Exhibitors have and making timely interventions. With the
come a long way in improving their product onset of global recession, while all other
quality, design, display, stand-designs & markets for sourcing shows were immensely
visual merchandising, etc. With the affected, IHGF Delhi Fair managed to pull
assimilation of young generation business serious buyers. Our buyers prefer to come to
models, each and every company is also this fair, rather than going around the world
witnessing constructive transformation. As a result of travelling widely looking for different products, as here, they get all categories in home,
and learning through observations, we are able to do fusion products, lifestyle, fashion and textiles, under one roof. This show is one of the
unique lines as per international trends and add on to the scale of most sought after shows of its kind. Apart from international buyers, this
production. With our companies becoming more and more social and fair is witnessing manifold increase in domestic buyers too.
legally compliant, our product offerings are getting more respect. The Sagar Mehta, QTL Export House
Management Team at EPCH always takes a proactive approach in solving Vice Chairman, EPCH
the industry's issues and helps overcome several trade barriers. Both
IHGF Delhi Fair and EPCH Management have also taken very timely
initiatives for skill upgradation to meet the growing requirements of the
IHGF Delhi Fair has helped us move on
industry like training workforce and capacity building. from our traditional approach of
exhibiting and selling
O P Prahladka, Hitaishi kk Manufacturing Co. Pvt. Ltd.
Vice Chairman, EPCH IHGF Delhi Fair has upgraded from zero to its
present level and it's all because of EPCH.
Initially there were only around 300
All exporters involved in this process
exporters whereas today you can see more
and progress deserve accolades
than 3000 exhibitors conducting business
This is the 43rd spring fair. There has been under one roof here. People in EPCH have
transformation in this fair at certain levels, for worked hard to make this show better. Earlier this was a kind of Indian
instance at infrastructure as well as clientage show but now this is an international fair. Exhibitors who are putting
level. Exporters of India showcase their their efforts and money here are getting what they are expecting from
products to buyers from all around the this fair. IHGF Delhi Fair has given us many ideas, be it about product
world. This is one of the biggest and the upgradation or demands of buyers and this has helped us move on from
largest shows, both nationally and our traditional approach of exhibiting and selling. It has helped us to
internationally. Initially, Frankfurt show was in trend but now this show expand our business as well. And if I talk about the textile industry, there
is fast catching up with all other shows of its kind. It is great that a has been an increase of 400-500% in the industry over the years, all
Council like EPCH is organizing this show that is today ranked among because of this fair. In the coming time, this fair is going to be a
the top in the world. I, on behalf of EPCH, congratulate all our exporters landmark fair in the world of exports and India is going to be the best
involved in this process and progress. Neeraj Khanna, Nodi Exports destination for sourcing. Arshad Mir Mir,, Director ,Mir Handicrafts
Director,Mir

IHGF Delhi Fair is on an expansion mode EPCH is helping this industry realize its
In a single term, this fair is "One Stop Shop" full potential
for buyers across the country for all the Having been into this business since the last
products. From fashion to tradition, the fair is two decades and 8 years with EPCH, I have
ready to show you everything. It is beneficial seen the monumental change in the
for those buyers who buy various products, handicraft export industry. IHGF Delhi Fair
not some particular products. The decision of has helped every exporter to increase their
shifting this fair from Pragati Maidan to here business from ground zero to the sky. I
at the Expo Centre was a landmark move. At cannot see any other platform as useful as
Pragati Maidan we were only around 600 exhibitors, whereas here we IHGF. If we look at the history of Indian exports, it is getting better day by
have more than 3000. And the number of buyers has gone up from 100 day and it is EPCH which is helping this industry realize its full potential.
to over 6000. Buyers from across the globe are appreciating the fair and And if I talk about benefits to the North East Region (NER), this fair has
the facilities being provided by IHGF and EPCH. The atmosphere and the changed the life and the business of people over there. The NER
presentation are of international level. The layout of the Mart is also easy handicrafts industry which has been exhibiting handicrafts of natural
to understand. I can proudly say that this fair is comparable to the best products and textile crafts, has been gaining attentions of the global
in the world and the only one of its kind. And we are on an expansion market which was in the dark earlier. The fair has given us new trends to
mode, right from the fair, to exhibitors and to buyers. I can see this fair work on and it is helping in getting buyers. I am expecting more and
poised to become the best in the world. more exhibitors from NER to this platform and I really appreciate the
Simrandeep Singh Kohli, Sehaj Impex, Dee Kay Overseas and efforts of EPCH and IHGF for taking our businesses, global.
Kohli Export Corporation Jesmina Zeliang, Proprietor ,Heirloom Naga
Proprietor,Heirloom
2
Buyers are keen to source directly from With time this fair is inching ahead of
the makers and manufacturing bases its counterparts in Europe and USA
This industry is expanding. Exporters were This is a good show and attractive in terms
earlier more interested in Frankfurt and Hong of display. Exporters have come up with
Kong trade fairs but the taste and inclination newer assortments. All the exhibitors have
of buyers has eventually changed. They now displayed different colours, designs and
want to get products from the manufacturing trends in their respective product categories
countries, from countries which actually craft at the IHGF Delhi Fair. With time this fair is
or produce the products. This is why they are inching ahead of its counterparts in Europe
now coming to this fair in large numbers. Right now the trend is such and the USA. Though we have a workforce of around 10 million artisans
that, buyers are attracted to manufacturer exporters who are specialized in our country, hand-made production was declining day by day in
in certain products unlike those who deal in a range of products. Focus States like Rajasthan. We are working to revive those art forms. With the
is on the makers. Now, the industry has become more compliance coordination of EPCH, we as part of National Centre for Design & Product
specific, be it social, legal or any other compliance related to production, Development (NCDPD), are also working on various projects towards this
workplace, occupational standards, etc. endeavour. Ravi K P assi, R K Arts; Co-Chairman, NCDPD
Passi,
Anoop Shankhdhar
Shankhdhar,, DBA India Exports Pvt. Ltd.
Participation of young exporters has
EPCH has taken the Indian handicrafts made a constructive difference
industry closer to the world This fair has grown positively with time.
From 10 to 20 stalls in the past, now there
IHGF Delhi Fair has been amazingly great and
are 200 to 300 stalls in each display
the way it has increased exports for the
category. The timing of this fair is great.
handicrafts sector is excellent. Over the past 6-
Participation of young exporters has made a
7 years, exports from this sector have reached
constructive difference to the fair. Their way
23000 Cr. from 7000 Cr. This has been made
of displaying products is good. We also
possible only due to the unstinting hard work
included exporters from the North East Region to enhance their reach
of EPCH and its team towards building a brand
internationally. There was a time when artisans of Rajasthan were not
for Indian handicrafts, bringing together suppliers from India and buyers
able to display their products in these fairs and now I feel, Rajasthan has
from every part of the world and offering an environment conducive for
developed more than any other State has, in terms of production and
business, replete with facilities and signature services for our trade
export of their products. EPCH has done a commendable job throughout
visitors. EPCH has also been in the forefront in its publicity activities
to promote this sector and IHGF Delhi Fair.
which has subsequently brought us within reach of a global audience
Sudhir TTyagi,
yagi, Supras International
and facilitated presence of our products in every country of
the world. K L Ramesh, Sri Vijayalakshmi Agarbathi Works
Fair offers equal opportunity to all
category of exporters
This Spring Fair looks good as it runs its
IHGF since inception has been truly
course
illustrative with changes and learning,
This is a great platform and is at its peak, benefitting all. All possible with EPCH's
growing day by day. Frankfurt and Europe relentless efforts. They have represented our
used to be the hub of exports and sourcing, best interest at every level and have given us
involving large gatherings of buyers and such a good platform like this fair. Today it is
sellers, but now, this trend has shifted as IHGF recognized globally and buyers here from
Delhi Fair has pulled the entire international across the globe are testimony to this fact. This fair welcomes all levels
crowd towards itself. There is 20% increase in and sizes of exporters into its fold and offers them equal opportunity.
the number of buyers coming to this fair, compared to IHGF Delhi Fair's Having grown consistently with each edition, this fair stands to
previous February edition. EPCH has played an important role in this. challenge many other big sized fairs across the world. Our visiting
They have worked hard. They have sent teams to Hong Kong, Paris, US, buyers are happy with the facilities and products here. IHGF Delhi Fair is
etc. to make sure that this show is promoted among a wider a major milestone for this industry. VS Goel, Goel Exports
international clientele. Now all that EPCH needs to do is expand the fair
in terms of space so that growing number of exhibitors can be EPCH endeavours to bring this industry
accommodated. Naved Ur Rehman, Zedsons
closer to markets of the world
When I recollect the entire journey of the
What you see today are the efforts of EPCH and the IHGF Delhi Fair, I remember
EPCH over a period of 30 years that this fair was a very small platform being
IHGF Delhi Fair has been providing great organized in order to gather exporters.
opportunities to all kind of exhibitors. This EPCH's membership numbered a few
year over 3000 participants have gathered exporters and participation at this fair was
and buyer turnout is indicating over 7500 fairly low. With years of hard work, both have
registrations. Buyers from every corner of the grown. EPCH has a membership of 10,000 exporters and the IHGF Delhi
world can be seen here conducting business Fair that started with 300 exporters has reached participation of over
with a cross section of exhibitors from all 3000 exhibitors. Everything has grown manifold. In my opinion, this fair
over India. It is a rare combination and offers a significant trade is the biggest in the world and our products are sought after by the
platform. EPCH also strives to gather our regional artisan crafts at the fair. biggest of importers and buyers. Buyers can also see products from
IHGF Delhi Fair has been playing a defining role of connecting buyers upcoming entrepreneurs and crafts persons at this fair who have distinct
and sellers as well as promoting India as a major sourcing hub. What products that can be customized for various markets. EPCH, through its
you see today are the efforts of EPCH over a period of 30 years. Inspite of endeavours is fulfilling its aim of nurturing and expanding India's
global recession, exports of handicrafts remained steady and registered handicrafts industry and taking its reach to all markets in the world.
growth. Subhash Kawatra, Curio Palace Ashok K Arora, Stalwart Impex
3
LOCATION : 2nd Floor, Central Function Building, India Expo Centre

Designers Forum
Integrated Design & Technical Development Projects
with Craft Traditions of Rural India offer opportunity
for exporters to source innovations
An initiative of the Office of Development Commissioner (Handicrafts), implemented by
Export Promotion Council for Handicrafts
The Integrated Design and Technical Development Project is an initiative of the
Development Commissioner (Handicrafts), Ministry of Textiles, Govt. of India,
implemented by the Export Promotion Council for Handicrafts (EPCH), New Delhi
by engaging designers from leading design institutes from India. Various crafts
from all over India were identified for this project aimed at training artisans practicing
traditional craft skills and upgrading as well as honing their skills to enabling them
to bring out more marketable product variations with their existing craft skills. A
total of 40 artisans, mostly women are trained in a project spanning 5 months that
starts with survey & research to access the existing designs in a particular craft, the
available materials, technical inputs, production process and marketability of the
product. Subsequently the artisans are trained to interpret possibilities with their
craft as well as their commercial viability. The latter part of the project includes
product development and market testing. It concludes with a line of innovated
products, technically termed design prototypes, using the artisans' existing materials
and skills. Each individual project signs off with confidence building and to further
explore, possibilities. The aim of this project is to engage new generation artisans who are drifting away from their family craft practices, to guide artisans
towards bringing out products as per market demand and suitability as well as to revive languishing crafts.

Pramila Choudhary something that equips them for a competitive Arvind Joshua
Textile Designer from NID world. This craft, earlier confined to odhanis is also NIFT Hyderabad Graduate
+91 7733840333, used to make textile products like embroidered + 91 7386392681 mail:
choudharypramila@gmail.com cushions." josharavind@gmail.com
"I am working as Sushil Moharana Since the past 13
a designer in a extile and Stone
Designer - TTextile years I have been
place called +91 9937012636, susilmaharana@yahoo.co.in w o r k i n g
Jalore near extensively with
I am from
Jodhpur and I khadi, crochet,
Bhubaneshwar,
have 40 artisans bamboo, brass &
O d i s h a ,
working under copper, hand
engaged in
me. Most of embroidery and
the work of
them are wooden toys. My
stone The
women while motto is to bridge
integrated
there are a few the gap between
design&
male artisans as the skilled artisans
technical
well. These women practice an age old Ari Tari of the villages of India and the trend conscious,
development
craft done to make products like odhanis and stoles. quality demanding urban consumer. The integrated
project I've
Their new generation is not engaged in this craft project I executed was in Narsapur, Andhra Pradesh,
done is in
and is in fact drifting away from such artisanal known for the work of lace and hand crochet craft.
stone carving craft of Bhubaneshwar in which I
work. While working with these artisans we take This craft form has been around for the last 100
have trained 40 women artisan and developed 25
care to retain the originality of these crafts as well years and several women in Andhra Pradesh's
articles of plantation, candle stands, design pillars,
as their sustainability and character attached to Narsapur area have been practicing this craft in the
etc. in serprntine, sand stone and granite. There is a
this craft. Rather, we endeavor to bring in new confines of their homes. Our basic idea was to
good response from everyone and it is very
designs and more options. These artisans take mobilize these people to turn into full time
encouraging. To reduce the weight of the product
inspiration from trees, leaves and patterns from entrepreneurs and explore their products' market
and to make it more contemporary, I 'm
their surroundings to make their crafts. It is time potential so that they improve their livelihood as
experimenting with combination of stone with
consuming at the beginning but eventually bring despite being highly skilled, these women earn very
metal, stone with wood, etc. for a future line of
in clarity and artisans involved in the project see little. This intricate craft is gaining prominence in
products. The motto is to create more commercially
design possibilities in their conventional products. the international market and these artisans can
viable, contemporary pieces of art.
For them it is like breaking a barrier and learning rightfully claim a market presence through proper
4
training. The inspirations for the collections in
home furnishing, apparel and bags I have developed
are, Red Indian philosophy and Islamic architecture.
Unique opportunity for exporters
I am here at IHGF to understand the customer
feedback which I can take back home, share with to identify and market innovations
my artisans and come up with better products for
the next fair. In a match making exercise, EPCH proposes to have a meeting between these creative
designers and exporters who are interested in expanding their product base and
Neha
Textile Designer from NID working together for introducing new product propositions and innovative variations.
+91 9687853911;
nehadeshbhratar63@gmail.com 19th February at 5pm, Board Room (Ground Floor), Central Function Building
The work I am For details and confirmation, interested member exporters may contact: 9718810045
engaged in is
about loin runners, place mats, etc. which are market viable infrastructure and machine are needed to support
loom weaving and trendy for the season. The artisans used to the process. People in this region of Himachal are
of Dimapur, make pillow covers, bed sheets using only chain also engaged in making the famous Chamba
Nagaland, stitch. I trained these artisans in the other stitches rumaal that uses needlework so intricate that the
where they to create visually appealing products. The artisans work appears on both sides of the fabric. This
h a v e now have more variety to offer to the customers particular craft is languishing as it is time
geometrical now which would help them to have better wages. consuming, arduous and doesn't fetch a justified
motifs and use As there is no market for these artisans, they make price in the local market. We are trying to revive it.
this as their blankets and pillows for domestic use. Some Another product is the geometrically bordered
traditional samples are showcased here. Kullu shawl. These are also handmade and they
garment. I was working with the Chakhasang tribe. use basic colour schemes like red, yellow and
The project was about developing the 40 skilled Sanathoi Singha
green. We are trying to bring in new interpretations
artisans to develop a new range of products for NIFT Shillong Graduate
in this.
different markets. Crafts that people practice there +91 77338 40333
are mostly with either rich tribal or traditional Sudhish Kumar
My integrated design and technical development
background. They make products like tribal shawls BFA Graduate from Kerala
project was
and stoles as well as the famed 'Mekhla' which can +91 9846788494
on bamboo
be described as a drape that locals use to cover sudheesh.art@gmail.com
and cane
themselves. These products as of now have buyers products in I have worked with
in local markets and suited to this clientele's tastes, Lengpui, crafts of bamboo,
makers continued to use the traditional red, yellow Mizoram. reed, coconut
and green in these products. As a designer I Basically derivatives, palm
introduced some new ideas in form of different this craft is leaves, etc., in Tamil
colour schemes without altering the products they a b o u t Nadu and Kerala.
were already making. We have tried to introduce weaving Through the project
different colour schemes, using which new and basket of DC (Handicrafts),
patterns can be made. We also noticed that owing making using locally available material and used I have been
to local demand, people are using polyester and by the local populace for carrying water and other engaged in the craft
other synthetic material to make low cost options. use in regular household activities. Through of coir products in
We are coaxing them to stick to natural wools so research, training and innovation, we have Kerala. These are made of coconut derivatives. There
that these products can be exported to European introduced different sizes in these products so that are around 40 artisans under me and I have been
countries and other nations where they can cater they can be used as home dcor items as well. doing this work for last five years. We use coconuts
the need of buyers who need woolen clothes. We Products like flower vases and food baskets and shells to make products like candle stands,
are also working on introducing new designs in pen stands are being introduced. The entire jewellery boxes, lamp stands, pen stands, small
bags and stoles using the same craft technique. working process was quite interesting and helped decorative ponds, etc. Through the project we have
Deepshikha me attain detailed knowledge and experience in developed 25 kinds of products. This fair has been
NIFT Hyderabad Graduate this sector. The only thing which requires attention a great platform to showcase this craft. The local
+91 7895687097 is development lack of communication and market is not so promising for these artisans and
rdeepshikha.shish5@gmail.com transportation, as most of the artisans live in villages they need to be guided to introduce their products
and interior parts of the state and it becomes in the international market.
difficult to transport the ready products to the
Piku Shah
market.
Empanelled Designer
Designer,, Ministry of TTextiles
extiles
Sunil Kumar
I am engaged in
NIFT Bhopal Graduate
a craft jewellery
My project also making of West
involves crafts of Bengal that uses
cane and bamboo but materials like
in Himachal Pradesh. seetalpatti(a
The artisans in my natural material),
project were fully as leather, copper,
well as semi-skilled. horn, jute, cane
They make products and bamboo.
My integrated design & technical development like place-mats, office This jewellery
project took place in Nagal, Saharangpur , UP, where dustbins, lights and few products for decorative craft is quite well
40 artisans were trained for 3 months in hand purposes. They also make jewellery using bamboo. known both in
embroidery using stitches like running stitch, chain The prevalence of these products is majorly in the and outside Bengal. It has the possibility of being
stitch, blanket stitch, back stitch, laisy daisy, etc. to domestic market. To tune them for a wider buyer altered and enhanced for a wider market presence
create products like bags, cushion covers, table base, proper design orientation was needed. Also, in India and overseas.
5
Prime Interest:

Buyers comment... lighting & d


ecoratives

My company
deals lighting
products, lam
ps and decora
s tive
e furnishing
items and I he
st : Hom s of home re to source fo
Prime In te re th is fa ir. We are importer this category. r
e in nd tim I am looking
This is my seco gifts. We have fo r
r fa br ic s, cushions and . products mad
e up of glass
furnishings; de
sig ne me furnishings an
le bu sin es s in Japan of ho iron. We impo
rt approximat
d
lesa ning
retail and who dia and remai ely
ap pr xi m at el y 50% from In pr oduct The market pr
20% of our st
ocks from Indi
We import in terms of esence of Indi a.
Th e fa ir is very good ucts not very strong an products in
50% from Ch
in a. like Indian prod . There is scop Poland is
ns . In ou r country they to better quality e as Indian pr
sig ing oducts have
display and de opping I am go than many ot
nd fo r my personal sh . The would like to her Asian coun
tr ies. I
very muc h. A od is so od
go go for new su
nd m ad e be d sheet. The fo products here ppliers and ne
w range of
some ha . We are plan
for me and mada, Japan ning to expand
buy a chappal is ve ry ni ce. Shun Y Yaam business with
India and the ou r
at the fa ir future is look
buyers lounge Wojciech Kozl
owski, Poland in g go od!
Prime Interest:
Furniture &
Accesories
Prime Interest: Prime Interest: Gifts and wooden items
his is our first
Furniture and Fabrics ever visit to In Dealing in wooden and gift
dia
This is our first time in this fair. We are and also to th items, we have been doing
is
importers of furniture and fabric. We type of fair. W business with India since the
e
are looking for are looking fo inception of my company. I have
r
new suppliers. some good been coming to India for last 38
50% of our total accessories an years. Indian exporters should
some long last d
import we ing contem-p avoid repetetive designs and
and outdoor rary indoor
source from furniture. Till focus on innovating, to be able to capture the
have any regu da y w e don't
India and we are lar suppliers he imagination of the european consumer.
but we are ve re in India
happy with the ry much lookin Shane O'mahony
O'mahony, , UK
to establish so g forward
product quality me links here
. And we
don't have an
y source of im Prime Interest
and service. The other remaining 50% po rt from : Lamps and
we import from different countries like
Indian we impo
rt goods from My Company
- In
Decor
Europe. di an Touch, deal
The fair in term s in home dco
Indonesia and Europe. The idea of s of product di and lamps. W r, furniture
design and m splay e have some re
organizing these kinds of fairs is very aterial is look gular
good and bit ing very suppliers here
different which - few of them
good. In our country the Indian we this fair and so are in
normally don' me are from di
products starts trending already. We t see in our co fferent
market. In ou untry's parts of India.
have few local markets in our country r country few WSe primarily
friends have so of our exclusively im
me regular su port from Indi
where you find Indian products also. pp ve ry small part, a, only a
India and they lie rs in say 1% from Ch
Here items in this fair are quite praise the qual ina.
product very m ity and The fair in term
different. The food is really amazing. uch. s of product di
design and m sp lay,
Ja rv is Ba rk er new and full aterial is som
Catheine Giraud, Mauritius , A u st ra lia of surprises. In ething
products like France people
furniture and like Indian
wide range on lig htning items.
display and it This fair has a
ex pl or e. Pa w gives you mor
an D ee p Si ng e options to
h, Fr an ce

6
Prime Interest
: Seminars & Presentations
nd Gifts
Handicrafts a day in Implication of Union Budget 2017-18 -
This our first
searching
India, we are Opportunities for MSME Sector
work in
for some good
gift items and
so. We will
handicrafts al
ssories
check the acce Speaker:
l. We are
sections as wel Nitin Vaid, Director,
us Tax Division,
ho will assure
me supplier w PricewaterhouseCooper
looking for so tme deliv er y. Th e
th e qu al ity as well as on e ca n
Pvt. Ltd.
of so great w
of th is IH G F Delhi Fair is
idea e place. The Seen on the dais (LtoR) : Mr. Ravi K Passi,
we need at on
find everything ry good. n so
me COA Member, EPCH and Co-Chairman,
oducts are ve NCDPD; Mr. K L Ramesh, COA Member,
design and pr to buy an m ite ,
e don't want
EPCH; Mr. O P Prahladka, Vice Chairman,
ev en if w
ca se s ate the ite . m EPCH; and Mr. Karan Singh Yadav, Vice
ill w e go to see and apreci President, Reception Committee, IHGF
we st g the Indian
y started likin Delhi Fair-Spring 2017.
We have alread ge is very good
The buyer loun
marketplace. Mr. Nitin Vaid provided a backdrop to the budget in terms of a fiscal perspective including
d, U SA
th in g. H ar lo demonetisation- a move to shift from physical currency to digital currency. He described
about amended tax laws and international tax treaties, tax benefit bonds and personal
income tax policy. He also explained about tax holiday s for SEZs and benefits for start-ups
Prime Interest
: The session concluded with a Q & A.
Furniture an
d Decorative
s
We have our Goods and Services Tax (GST) A dream becomes a reality
furniture busi
ness
in France. Her The seminar was conducted by Mr. B K Verma, Executive Partner,
e in
India this is ou Lakshmikumaran & Sridharan and aimed at enlightening the
r first
time in this fa participants on the implications of GST on handicrafts sector and
ir and
we are lookin address queries of exporters on what is in store for them in the
g for
some good de GST regime. The seminar was happening on a day coinciding
in furniture ite signs
ms and some
items too. We decoration with the GST Councils meeting in Udaipur to finalise the draft
have a few re
here but we w gular suppliers law. The finalized draft then needs to be passed by the parliament
ant to meet so
suppliers. We me new and State legislatures before the rate structures are finally
import around
products from 20% of our announced. According to Mr. Verma, if all goes as per plan, we
India and rem
all over the w ai ning from can expect GST to be in force w.e.f. !st July 2017. GST is a Mr. B K Verma, Executive
orld. In our co
like Indian prod un try people comprehensive tax levied on manufacture, sale and consumption Partner, Lakshmikumaran
ucts very muc
Indian textile h and the of goods and services at a national level that is all set to integrate & Sridharan makes a
quality is quite presentation on GST
there. We see fa m ous over the state economies and boost overall growth, impacting the tax
a good future
prducts in ou of Indian structure, tax incidence, tax computation, tax payment,
r country. The
application is mobile compliance, credit utilization and reporting, leading to a complete overhaul of the current
good and the
relaxing atmos lounge has a indirect tax system. It is expected to have a far-reaching impact on almost all the aspects of
phere. Fay, FFr
raanncce
e the business operations in the country.

7
IHGF Delhi Fair - Spring 2017 Show Bulletin is brought out on behalf of EPCH by Chapakhana.com; www.epbureau.in

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