Tuesday, February 2, 2016

Booming export orders at DITF

DITF ends with record export orders
Exhibitors reject DITF export order claim

The Dhaka International Trade Fair 2016 ended on January 31st and its concluding statistics said the export orders received at the fair was an abnormaly mammoth one - a total of Tk 235 crore order, which is 176% more than that of last years at only Tk 85 crore. Although it is expected that foreign buyers are present in the fair every year, this time there has been a doubt about their presence. This constitutes a discripency in the statistics.

Some exhibitors expressed the lack of initiatives to attract foreign buyers. However, official sale statistics have been reported to be above Tk 121 crore, which was Tk 71 crore higher than previously. This has been acclaimed towards the prevalent political stability which was a sharp contrast during the last year's fair. With 22 countries participating, 553 stalls were allocated, 56 of which were foreign companies. Within 14 categories, 38 institutions were awarded of which, Walton Hi-Tech industries received the first prize in premier pavilion category.

The FBCCI has proposed that this sort of arrangement be held at all divisional levels as well.

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