Continuing with its efforts to provide wide spread exposure to small and medium businesses, IndiaMART.com, India's largest online B2B marketplace, has decided to partner with Conventions & Fairs (India) Pvt. Ltd. for one-of-its-kind trade exhibition - 'Used Machinery Expo 2010'. Slated to be one of the most crucial and significant trade events for buyers and suppliers, the IndiaMART UMEX 2010 is scheduled to be held from 21st October to 23rd October, 2010, at Nehru Center in Mumbai. The unique trade show will provide a perfect opportunity to the Small and Medium Enterprises (SMEs) for a rendezvous with industry experts and buyers from all over the world.
Commenting on the association, Mr. Dinesh Agarwal, Founder & CEO, IndiaMART.com, said, "India is an attractive business destination owing to its growing economy. Amidst this growth, UMEX has been able to position used machinery and allied products as one of the progressive sectors. In past three years since its inception, the event has received overwhelming response from suppliers and buyers alike. This has strengthened our faith in this exclusive trade show as we partner with them for the third time".
Primarily driven by the availability and a huge pool of used machinery, competitive prices and shorter delivery periods vis-a-vis new machinery supply, IndiaMART UMEX 2010, aims to emerge as the region's main sourcing point for the used machinery. Sitting on the laurels of past events, IndiaMART UMEX is expected to attract more visitors as compared to the last one. The three day show, last year, had 6000 visitors from across 46 cities in India and over 200 visitors from overseas.
The event strives to attract visitors from varied sectors such as automotive, pharmaceuticals, chemicals, earth moving equipments, auto components, defence, aerospace, railways, industrial machinery, electrical and electronics, to name some. With the festive season ahead, IndiaMART.com expects to bring in more cheer for the Indian SMEs through the Used Machiney Expo 2010.
IndiaMART.com is India's largest online B2B marketplace connecting global buyers with suppliers through business directories, online product catalogs, buy-sell offers, industry specific marketplaces, printed media and trade shows participation.
Founded in 1996, the company has a pan-India presence in over 100 cities. With over 2000 employees located across 47 offices in the country, IndiaMART.com offers an extensive range of value-added products and services to its 10,00,000 registered members and nearly 5 million global buyers across various industries and verticals.
IndiaMART.com has won numerous awards over the years and has been widely covered by media such as CNBC, BBC, BusinessMoney, CNN, Businessworld, Economic Times, Financial Express, etc for its pioneering role in promoting SME business in the country. Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd (Times Group), India's largest print media group. The Board of Directors at IndiaMART.com comprises of Mr. Deep Kalra, Founder and CEO of Makemytrip.com and Dr. Nachiket Mor, President, ICICI Foundation among others.