By TIOL News Service

NEW DELHI, MAR 28, 2025: THE 3rd edition of Sourcex India 2025, organized by the Federation of Indian Export Organisations (FIEO) with support from the Ministry of Commerce & Industry, Government of India, was inaugurated on 26th March, 2025 at the Yashobhoomi Convention Centre, New Delhi. The event was officially inaugurated by Director General of Foreign Trade (DGFT), Government of India, Santosh Kumar Sarangi.

In his keynote address, DGFT, Sarangi underscored the importance of Sourcex India in fostering a robust ecosystem for promoting India's foreign trade, particularly exports. He reiterated the Government's commitment to supporting sourcing from India through various incentive schemes and initiatives such as Make in India, Startup India, and the Production Linked Incentive (PLI) Scheme. He highlighted that these efforts are aimed at enhancing manufacturing competitiveness, promoting the adoption of advanced technologies, and strengthening India's position in global markets.

He further emphasized the role of digitization and ease of doing business in improving product quality and standardization, which are crucial for enhancing global acceptance of Indian goods. Additionally, he mentioned the Government's ongoing efforts to explore new market access opportunities through Free Trade Agreements (FTAs) with key international partners to boost exports further.

Officiating President, FIEO, Ashwani Kumar described Sourcex India 2025 as a landmark event that strengthens India's position as a leading global supplier of high-quality products. He emphasized the importance of direct engagement between Indian exporters and international buyers, highlighting the event's role in expanding India's trade footprint worldwide.

With participation from over 150 global buyers across 45+ countries, including regions such as Africa, CIS, EU, LAC, NAFTA, NEA, Oceania, SA, SEA, and WANA, Sourcex India 2025 is a key platform for Indian exporters to engage with international markets. The event features participation from Indian companies across diverse sectors, including Food & Beverages, Health & Beauty, FMCG & FMCD, Apparel & Garments, Textiles & Home Decor, E-Commerce Services, and Logistics. Additionally, the event showcases the work of 10 National Award-winning artisans from across India, supported by the Office of the Development Commissioner (Handicrafts), Ministry of Textiles, Government of India.