Participation of Indian companies from sectors such as textiles and handicrafts in the ongoing sourcing fair at Hong Kong will help in boosting exports, a senior government official said today.
Over 150 Indian companies are showcasing their products in the four-day show, which started on April 27.
"India's participation at the Hong Kong sourcing fair would give a future boost to export of items like textile, handicraft, jewelry and household goods from India to countries like USA, France, Germany and other countries," industry body CII said, quoting Commerce Ministry's Joint Secretary Asit Tripathy.
The fair has been organised by CII in association with the Ministry of Commerce & Industry.
Tripathy said Hong Kong is an important gateway to the eastern hemisphere and an ideal location for India to showcase its potential in these sectors.
The Hong Kong Spring Fair 2014 is offering great opportunity to Indian suppliers to reach out to volume buyers from over 114 countries, it said.
India's overall exports fell short of the USD 325 billion target in 2013-14. They touched USD 312.3 billion.
