The Hindu : Medical trade fair attracts more companies

Online edition of India's National Newspaper
Sunday, Feb 17, 2002

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National

Medical trade fair attracts more companies

By Our Special Correspondent

NEW DELHI FEB. 16. Over 125 delegates from India and abroad are expected to attend the medical exhibition and conference, Hospimedica, being organised by the CIDEX Trade Fairs, a joint venture of Messe Duesseldorf and Koelnmesse International.

The response to the fair, according to the Cidex Managing Director, Norbert Schmidt, is far better than last year when only 11 foreign companies participated. The event, being held here from February 19 to 23, would be attended by 58 foreign companies, including 36 from Germany.

The show also has the support of Messe Duesseldorf, organisers of the world's largest medical event, Medica.

Mr. Schmidt told mediapersons that there is need for improvement in trade fair facilities and pointed out that Cidex is involved in a project to set up a world class exhibition centre in Hyderabad.

The Rs. 150-crore project being set up in collaboration with Hitech Industries, Larsen and Toubro and the Andhra Pradesh Government is expected to be completed by December.

The director of the Indo-German Export Promotion project, D. Kebschull, said trade fairs had become an integral part of export promotion.

He referred to the success of the just- concluded Handicrafts Fair.

Mr. Kebschull said Germany is India's largest market in many sector, including leather and handicrafts.

Leading companies such as Mercedes are sourcing as much as Rs. 400 crores annually of auto components from India in the last few years.

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