Calcutta, Sept. 16: The West Bengal government is setting up a permanent trade fair ground in association with the Calcutta Municipal Corporation and the India Trade Promotion Organisation (ITPO). The complex, which will house showcases of various companies throughout the year, will be built near Salt Lake.
Samir Kumar Ghosh, chairman of the 16th Industrial India Trade Fair (IITF), said, “We are in the final stages of discussion regarding the project and will announce the details shortly.”
Ghosh was addressing a meet to announce the plans for the 16th IITF to be held in Calcutta from December 20-31, 2002. The fair is being jointly organised by the Bengal National Chamber of Commerce and Industry, the Bengal government and the ITPO.
“Last year, over 60 lakh sq ft of space was allotted to participants. This year, we have increased the space allotted by more than 40 per cent,” said Ghosh. This is in anticipation of better response and participation not only from the Saarc countries, but also countries like China, Thailand, Vietnam and Myanmar.
“The fair will be help in an improved industrial scenario and with ITPO joining as an organiser there is scope for qualitative improvement,” adds Ghosh. “We also expect increased participation from foreign countries. The biggest beneficiary of the show will be the small and medium enterprise (SME) segment.”
Ghosh said that last year almost Rs 70 crore was generated from direct sales and Rs 130 crore from indirect sales.