With 7,000 participants from 22 countries ‘India International Trade Fair’ kicks off in Delhi
New Delhi, November 15: The 37th India International Trade Fair (IITF) begins at Pragati Maidan in New Delhi. The theme this year is, 'Startup India Standup India'. As many as 7,000 participants from 22 countries showcase their products ranging from electronics to textiles.
Speaking on the occasion, the President said that IITF is more than just a trade fair or exhibition. Commencing every year on November 14, it is a showcase of India on the global stage. It is also a symbol of India’s ancient and enduring commitment to international trade.
The President said that instinctively we have been an open society – free to trade winds and cultural exchanges. We have valued a liberal, rules-based international trading order. This is part of our DNA. And this is the legacy that modern India and IITF are building on.
The President said that this year’s IITF takes place at a point when India is recognised as one of the bright spots of the global economy. The world has acknowledged the changed business environment in India and the strides made in ease of doing business. The introduction of the Goods and Services Tax has been a milestone. It has broken down barriers between states. It has provided a boost to the creation of a common market and a more formal economy as well as a stronger manufacturing sector. As a result of these efforts, there has been a sharp rise in FDI in the past three years – from US$ 36 billion in 2013-14 to US$ 60 billion in 2016-17.
Meanwhile, for general public, the trade fair will open from 18th till the 27th of this month. The general tickets will cost 60 rupees for adults and 40 for children on working days. The prices will increase to 120 rupees and 60 rupees on the weekends.
The entry of Senior citizens and divyangjan will be free and they can enter from any gate on production of the proof of age and photo ID Card. Tickets will not be sold at IITF sale counters and will be available at all metro stations other than Pragati Maidan. People can visit the fair from 9:30 AM to 7:30 PM.