PRESS RELEASE
May 2013
Building on a successful first edition and benefiting from the strong market growth in key industry sectors such as construction, infrastructure, automotive and mechanical engineering, the second edition of Fastener Fair India, held from 17-18 April 2013 at the Bombay Exhibition Centre in Mumbai has strengthened its position as a renowned business platform for India’s fastener and fixings industry. With 145 exhibitors from eight countries, a net exhibition space of some 1,700 m2 and a total of 4,028 trade visitors, the exhibition was extremely well received with exhibitors and visitors alike.
At this year’s Fastener Fair India, 145 companies showcased a comprehensive range of industrial fasteners and fixings, assembly and installation systems, storage and logistics services, fastener manufacturing technology and construction fixings. The majority of exhibitors were Indian companies. However, almost a third of the exhibitors were from outside India, namely from China, Taiwan, Germany, the UK, Italy, Vietnam and Korea.
In the exhibitor survey, Fastener Fair India 2013 received excellent marks for the overall impression and organisation of the show. The quantity and in particular the expertise of the visitors was highly praised by the exhibiting companies.
The visitor survey revealed that the quota of visitors from top management was very high, with 31% of the visitors being company owners, 26% being Managing Directors, Board Members or Department Heads, 16% being engineers and technical specialists and 13% having purchasing responsibility. Visitors at Fastener Fair India 2013 were mainly fastener and fixings manufacturers (36%), users (29%), distributors/supplier to users (19%) and wholesaler/supplier to resellers (16%). Key industry sectors to which the visitors belonged were the automotive industry (16%), mechanical engineering (15%), hardware / DIY retailing (9%), electrical products / domestic appliances (8%) and construction (6%).
The outlook for the Indian fastener and fixing market was assessed as very positive by the exhibitors at Fastener Fair India 2013. Compared with today’s economic situation, where the market for India’s fastener industry is seen as static by 41% of the exhibitors, and as buoyant by 47%, the outlook for the near future is seen as very positive: a total of 62% of the exhibitors expect business for India’s fastener and fixing industry to be buoyant over the next couple of years; only 28% see the market as static.
Fastener Fair India 2013 was co-located with BLECH India, Exhibition for Sheet Metal Working. With a total of 5,686 trade visitors and 187 exhibitors, India’s industry highlight for the sheet metal manufacturing industry was once again a great success.
Both Fastener Fair India and BLECH India will come back to the Bombay Exhibition Centre in Mumbai in spring 2015. Information on Fastener Fair India 2015 will soon be available at the show website www.fastenerfair.com.
Issued by:
Susanne Neuner, PR Director; Fastener Fair Press Office
Mack Brooks Exhibitions Ltd