India’s over US$30 billion organised woodworking industry is expected to gain massive traction with the DelhiWood 2019 exhibition to be held in Greater Noida. The sixth edition of the woodworking industry’s eagerly anticipated biennial event, DelhiWood 2019, will be held during March 13-16 at the India Expo Centre and Mart in Greater Noida.
More than 550 exhibitors from over 35 countries will showcase modern cutting-edge technologies, machinery, tools, fittings, accessories, raw materials and products for furniture production and wood-based manufacturing, housed in a whopping 42,000 square metres of space at the forthcoming DelhiWood 2019, making it the biggest ever woodworking industry show in India. The show is expecting large business enquires from the markets of Dehradun, Haridwar, Rudrapur in Uttarakhand.
It may be noted that the woodworking industry is one of the fastest growing sector of the Indian economy.
According to a study by the World Bank, India’s organised furniture industry is expected to grow 20 per cent per annum over the next few years and is projected to cross US$ 32 billion by 2019, while the luxury furniture market is expected to garner $27.01 billion by 2020, registering a CAGR of 4.1 per cent during the forecast period 2015-2020.
DelhiWood 2019 is expected to provide a big fillip to this growth by showcasing the latest innovations and world class products at the much awaited event.
The fair is expected to result in huge trade outcomes and business tie-ups.
Monday, 11 March 2019 | PNS | Dehradun