India Consumer Electronics & Home Appliances Exhibition
Monday, 06 August 2018, 18:53 IST
Indian appliance and consumer electronics (ACE) market reached US$ 31.48 billion in 2017. It is expected to increase at a 9% CAGR to reach US$ 48.37 billion in 2022. This demand is only going to rise even more steeply as most electrical products and appliances now having an increasing number of electronic parts.
Despite the global scenario, the Indian economy is growing due to strong domestic consumption. With a rising middle-class population as well as the world's youngest population, the consumption pattern has shifted from essentials to discretionary spending. Urban markets account for 65%, i.e. the major share of total revenues in the consumer durables sector in India. There is a lot of scope for growth from rural markets with consumption expected to grow in these areas as penetration of brands increases and especially as the government plans to invest significantly in rural electrification.
CEI looks to bridge the demand-supply gap by boosting manufacturing and trading opportunities for Indian entrepreneurs. The fair brings together various sectors of the appliance and consumer electronics industry to deliver success under one roof and creates huge business opportunities in allied as well as complementary areas of this industry.
A truly international platform, CEI is positioned as a strategic converging event for exhibitors from all over the world who would like to showcase their products to the top distributors, chain stores, hypermarkets, trading houses, e-retailers and agents to be an integral part of the growing consumer boom in India.
CEI invites you to participate in international country pavilions, launch your latest products & innovations and expand your business network into one of the world’s largest and fastest growing consumer markets.
CEI is the perfect platform to explore long-term business associations in the form of tie-ups, joint ventures, collaborations and import-export trading relations.
Read more news:
Do Mobile launches Mate 1 the Dual Rear Camera
Optiemus Infracom Launches the most Secure Android Full Touch Smartphones