The Export Promotion Council for Handicrafts (EPCH) is organising an exclusive two-day Buyer-Seller-Meet (BSM) beginning on November 12 in Santiago, Chile for enhancing export of Indian handicrafts and to develop awareness about Indian products and to create demand for the same in the Chilean market.
The two-day BSM will be inaugurated by Zohra Chatterji, secretary (textiles), SS Gupta, development commissioner (handicrafts), lekhraj Maheshwari, chairman EPCH and RK Srivastava, executive director National Centre for Design and Product Development (NCDPD) will also grace the occasion.
In order to educate Chilean importers about business aspects from India, a very special presentation will be made by EPCH in the form of a seminar on November 12 on the subject of ‘India — A Preferred Sourcing Destination for Handicrafts & Gifts’.
The interaction at the seminar will lay emphasis on doing business with India and increasing the profit by buying a very wide range of Indian products of good quality, excellent finish at competitive prices from India, thereby, increasing margin of profits.
The seminar will also highlight the fact that Indian range of products is so wide and large which can cater to all segments and all classes of Chilean consumers. The Santiago Chamber of Commerce will be an important conduit between EPCH and the Chilean importers.
Chile is one of the latin American countries under focus export promotion scheme of Ministry of Commerce & Industry.
In pursuance of this objective, this is the fourth BSM being held in Santiago, Chile, after the first one held in 2010. 31 Indian companies will display their products in the forthcoming Buyer Seller Meet and it is hoped that the one to one meetings will result in on the spot business and serious business enquiries for future business.
Despite the fact that Chilean market is dominated by China, Taiwan, Korea, Philippines etc, India’s exports of handicrafts to Chile in 2012-13 was to the tune of 14.85 million USD out of India’s total exports of 690 million dollars comprising only 2.15 per cent.
In the BSM 31 Indian companies will display their product range of home furnishing, floorings, jewellery, accessories, bags, stoles, scarves, shawls, incense sticks, candles, Christmas decorations, handicrafts and gifts.
Chilean economy has been growing steadily over the last few years and the demand for consumer and lifestyles products has increased. Indian handicrafts form an important part of such products. It is expected that this BSM will result in increasing demand for Indian products and increase exports.