New furniture show to be held in Mumbai in November
Two Singapore organizers are planning the show
Thomas Russell -- Furniture Today, April 22, 2011
MUMBAI, India — Two of the most recognized trade show organizers in Singapore are joining forces to launch a new furniture show in India this fall.
The India International Furniture Fair is being organized by MP International Pte. Ltd. and the International Furniture Fair Singapore Pte. Ltd.
The show will take place Nov. 16-18 at the Bombay Convention and Exhibition Center. It is expected to showcase product from 150 companies from more than 10 countries occupying about 100,000 square feet of space at the BCEC.
The show would feature mostly residential furniture, but other categories such as office and contract furniture also would be represented.
Organizers also expect the initial show to attract about 5,000 trade visitors from in and outside India. Interest in the show has been strong, they said, with 40% of the space pre-bookings coming from India, Malaysia, Singapore, Thailand, Taiwan and Vietnam.
Officials said that the show is being launched in response to the emergence of India's furniture market, combined with the country's growing demand for residential and retail space.
Officials also note that India also has an emerging middle class, which in turn, could help increase demand for higher-end goods. Much growth, they predict, will occur in urban areas such as Mumbai, which alone has a population of 15.7 million.
Sylvia Phua, CEO of MP International, said that the first show will look to focus on "international premium brands."
"There is a great potential for major industry players to penetrate and win a slice of the luxury furniture market," she said in a statement. "Our vision is to develop the IIFF into a quality platform for international brands."
Andrew Ng, chairman of IFFS, said Singapore furniture industry leaders were encouraged by what they saw of the Indian furniture market during a November 2010 trade mission. Those positive perceptions encouraged the group to get involved with the new show.
"We are optimistic about the Indian market," he said in a statement. "The World Bank's latest forecast predicts India's economy to grow over 8% next year, which is an encouraging escalation. Expanding industry sectors, such as commercial and residential, retail and hospitality are set to expand and contribute to the demand of quality imported furniture."
For more information on the event, visit www.indiafurniturefair.com.
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New Mumbai furniture show set for November
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