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IndiaMART
Apparel Sourcing Guide’s ‘Magical’ Release in Las
Vegas for Global B2B Buyers
- IndiaMART releases Apparel Sourcing Guide at ‘Sourcing
at Magic’ fair
- Sourcing Guide to act as quality source of supplier
information for Global buyers
- Guide features 3000 pre-verified Indian suppliers of
apparel & related products
- Participation by India increased by 20% since last year
at the fair
- IndiaMART to launch Six Sourcing Guides in the coming
months.
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 Las
Vegas, USA, August 29, 2007: IndiaMART - India’s top
online B2B marketplace released its ‘Apparel Sourcing Guide’
in North America’s largest apparel & fabric sourcing
event – ‘Sourcing at MAGIC’ today. The first in its
series of IndiaMART buyer sourcing guides, this guide aims at
assisting global buyers find reliable suppliers from the the
Apparel Industry in India. With IndiaMART’s eleven year old
roots in the cross-border B2B across industries, this guide is
expected to bring in significant cost savings for global
businesses sourcing apparel & allied products from India.
‘Sourcing at Magic’ connects nearly 4000 suppliers and
service providers from over 30 countries to branded apparel &
accessory companies, importers, designers, and product development
teams from major retail chains in the industry. “MAGIC
fair is undoubtedly the largest annual meeting ground for global
businesses in the apparel sourcing domain. We are glad that
Indiamart.com is representing us at the fair by launching its
Sourcing Guide there’says
Rajeev Bansal, Director Celestial Knits & Fabs and a member of
IndiaMART.com. The show will go on from 27th to 30th August, 2007
at the Las Vegas Convention Center, Nevada, USA.
 “Post
the removal of quota restriction for sourcing, buyers are
presently looking at India with a fresh perspective. In need of
updated, reliable information on Indian suppliers, they are
welcoming our Sourcing Guide with lot of enthusiasm. There could
not have been a better time or platform to launch the guide,”
says Lalit Masta from IndiaMART. Incidentally, participation from
India has shown a significant increase of 20% from the last year
at MAGIC. IndiaMART expects to reach out to thousands of
importers, buying offices, distributors, wholesalers and large
volume retailers including chain stores, catalog / mail order
companies and mass merchandisers who will be attending the show
over the next three days. “Some of them are already users
of our online Marketplace, and had booked their copies in advance,”
adds Lalit.
The apparel sourcing guide carries useful information and contact
details of nearly 3000 pre-verified suppliers under 30
apparel-related products & service categories from India. By
integrating its TrustSEAL supplier verification service with the
supplier listings in the guide, it has ensured higher trust for
buyers dealing with Indian suppliers. Buyers can even find more
information and view detailed offering by numerous Indian
suppliers by viewing their respective online catalogs at
indiamart.com which is already popular with B2B community across
the globe as a reliable source of supplier information.
Coming next in the series is the Engineering & Industrial
Products Guide which will be launched at EMO, Hanover (Germany)
next month. IndiaMART will release six such guides for Industries
that are key to the Indian B2B domain over the coming months at
various International trade platforms.
About IndiaMART
IndiaMART is the largest online B2B marketplace bringing Indian
suppliers and international buyers together. Established in 1996,
IndiaMART is an ISO certified company with state-of-the-art
web-development centre which is one of the largest in the world.
With 750 employees and a network of 25 offices pan-India,
IndiaMART offers value service to its 300,000 members and over 5
million global buyers.
With last financial year revenues at US$ 7 million the company
has grown at over 50% CAGR for the last 5 years. IndiaMART.com has
been profitable all through the eleven years of its operations.
IndiaMART’s online success has been widely acknowledged by
media such as CNBC, BBC, Business Money, CNN, Businessworld,
Economic Times, Financial Express etc. Amongst its investors
stands tall the Bennett, Coleman & Co. Ltd. (Times of India
Group), India’s largest print media group that has made a
strategic investment in IndiaMART.com in 2006.
Reference URLs:
www.indiamart.com/press-section
www.indiamart.com
www.intermesh.net
For further information, please contact:
Arun Tyagi
Marketing & PR
Email: aruntyagi@indiamart.com
Mobile: +91 - 9711003832
Phone: +91 - 120 - 3911000 (Extn. 531)
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