Greater Noida, UP, November 30th, 2021: HGH India 2021, 10th edition of the country’s well-established annual trade show for home products with trade visitors from over 460 cities & towns across India, began today, for the first time in Greater Noida at the India Expo Centre. The 4-day trade show was inaugurated by Mr. U.P. Singh, Secretary Textiles, Government of India. Mr. Narendra Bhooshan, Chief Executive Officer, Greater Noida Industrial Development Authority, Government of Uttar Pradesh, was the guests of honour.
Inaugurating the trade show, Mr. Upendra Prasad Singh said, “Extremely happy to be at HGH India today, as things have started opening, almost after 1.5 years. These are very exciting times for the home textile and home décor industries as the demand has shot up, both in India as well as abroad. India has a huge domestic market of textiles. If we are to look at the data for this year – we have a very ambitious target of merchandise export of 400 billion USD out of which the share of textiles is 44 billion USD including handicrafts and textiles. The government is planning a lot of new initiatives. The cabinet has approved two new schemes in the last month which we feel are going to be the game changer for the textile industry as a whole. One is the PLI for textiles and the second one is the mega textile parks. We will be setting up 7 mega textile parks with world class infrastructure and facilities in the first phase. We are strong in our value chains; we are strong in natural and man-made fiber as well as spinning. The world is looking at sustainability as far as the textile industry is concerned. I wish all the very best to HGH India in the endeavor to help the industry in gaining stability.”
Clearly focused on key home categories like Home Textiles, Home Decor, Houseware & Gifts, over the decade, HGH India has evolved into a must-attend industry event for manufacturers, brands, retailers, distributors, importers, exporters, interior designers and institutional buyers.
Mr. Arun Roongta, Managing Director, HGH India said, “HGH India will provide a fresh boost to the home industry. We aim to get the industry back on track and are already seeing a growing demand for home products in India by 15-20%. We see that during the last two years of Covid-enforced lockdowns and Work from Home factors, Indian consumer sentiments have turned more positive than ever before, towards their homes and their spending on all categories of home products will continue to increase rapidly. According to the retailers in categories like bed & bath, furnishing fabrics, wallpaper, kitchenware, cookware, tableware, houseware, decorative accessories, furniture, and home décor the months of July to November this year have recorded 30-40% increase in their retail sales as compared to last year This boom in the home retail segment is expected to be long-lasting.”
Retailers witnessed several innovations and new business ideas, being launched for the first time by leading brands like, Asian Paints, Kurl-on, Sleepwell, King-Koil, Indo Count, Dicitex, Microfibre, Marshalls, Clay Craft, Corelle, LaOpala, Cello and many more.
HGH India 2021 will bring special focus for the following four segments – World of Sleep (Sleep Technology), Small Furniture, Smart Cooking and Swachh Bharat. Visitors will find useful information on technology, innovation and market trends on these subjects.