INDIA Wood 25-29th of FEB.

The Indian furniture manufacturing industry is pegged at Rs. 1,20,000 crore (USD 20 billion)and employs more than 3,00,000 people in the organised sector. While the wooden home furniture is the biggest segment, the fastest growth is seen in the modular kitchen segment. The industry has seen a compounded annual growth rate of 30%. Although a mere percentage of India's woodworking industry is organised, the demand-supply gap is attracting more and more foreign players to India; and the current e-retailing boom also; offers immense business opportunities. The ‘Make in India’ initiative by the Indian Government aims to bring about high quality standards and hopes to attract a sizable international capital and technological investment in India. India has already marked its presence as one of the fastest growing economies of the world. It has been ranked among the top 3 attractive destinations for inbound investments. The regulatory environment in terms of foreign investment has been consistently eased to make it investor-friendly. With all such positive and promising business friendly environment, participants of IndiaWood can look forward to capitalise on unlimited opportunities the show has to offer.


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