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IndiaMART.com Nurtures Growth for SMEs through HIMTEX 2011

08-19-2011 02:32 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IndiaMART InterMESH Ltd.

-To associate with HITEX International Machine Tool Expo 2011 (HIMTEX) for second time in a row
-IndiaMART HIMTEX, a premier event, to showcase cutting edge innovations & new engineering technologies
-Over 150 exhibitors & 4000 visitors are expected to throng the event

New Delhi, 19th August, 2011: Characterised by high growth rate and increased demand for their products and services, players in the engineering and machine tools industry are looking to step up their capacities and capabilities to meet future demand. Small and Medium Enterprises (SMEs) in this sector need to be introduced to international standards of quality and cutting edge technology that will prepare them to capitalise on this growth. Taking this into consideration, IndiaMART.com, India's largest online B2B marketplace, for the second time, has decided to become the title sponsor of the third HITEX International Machine Tools Expo 2011 (HIMTEX) show that will be held at Hyderabad International Trade Exposition Centre (HITEX), Hyderabad. The renowned trade event, to be held from September 1-3, 2011, is being organised by HITEX and Services International.

Commenting on the association, Mr. Dinesh Agarwal, Founder & CEO, IndiaMART.com, said, “Globally, the machine tool industry has gained momentum. We need to bring our SMEs on the same level as the rest. Like its previous editions, IndiaMART HIMTEX will inspire them to adopt new technologies and international standards, and also provide them with several business opportunities. We are delighted to partner with the coveted trade expo for the second time.”

The star attraction of 'IndiaMART HIMTEX 2011' will be the display of latest engineering technologies and machine tools, the chance to explore joint ventures with domestic or international enterprises and opportunity to exchange ideas and network with buyers. SMEs will also get benefited through knowledge-sharing and be acquainted to developments happening in different parts of the world.

In its second edition last year, the premier event reached its crescendo with over 9000 visitors who flocked to the event to capitalise on the rare opportunity. This year, the event is expected to draw atleast 1500 exhibitors and 4000 visitors from around the globe. Its concurrent event, IndiaMART Process Engineering Expo 2011 will also be held alongside the main event and at the same venue.

About IndiaMART.com
IndiaMART.com is India's largest online B2B marketplace for Small & Medium Size Businesses, connecting global buyers with suppliers. The company offers a platform & tools to over 1 million suppliers to generate business leads from over 5 million buyers, who use the platform to find reliable & competitive suppliers. The company has over 4000 employees located across 75 offices in the country. Its existing investors include Intel Capital and Bennett, Coleman & Co. Ltd.

Products & Services
IndiaMART.com offers products that enable small & medium size businesses generate business leads (online catalogs/store-fronts), establish their credibility (third party verified trust profile) and use business information (finance, news, trade shows, tenders) for their business promotion.

For more information, please visit: www.indiamart.com/corporate/press-section.html

IndiaMART InterMESH Limited
Advant-Navis Business Park,
Plot No-7, 8th Floor, Sec-142, Noida
Uttar Pradesh, INDIA PIN - 201 301

Media Contacts
Pawandeep Kaur
Manager - Corporate Communications
T: +(91)-(120)-3997600
F: +(91) 0120-3997666
E: corpcomm@indiamart.com

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