
Govt invites entrepreneurs to UP Int'l Trade Show-2025 at Hyderabad roadshow
Addressing the gathering as the chief guest, Uttar Pradesh MSME, khadi and village industries minister Rakesh Sachan said, 'Uttar Pradesh has emerged as the fastest-growing economy in India and is rapidly transforming into a global trade hub. The UPITS is more than a trade fair, it is a platform to bring global recognition to our artisans, MSMEs and local entrepreneurs.'
Raj Kamal Yadav, additional commissioner (industries), UP government, highlighted that UPITS is India's first state-led international trade show. 'Last year, the event generated business worth Rs500–600 crore, with major companies like Titan placing orders with local artisans. It's opening doors to global markets for small manufacturers,' he said.
He also emphasised the potential for synergy between Uttar Pradesh and Telangana, both industrial powerhouses, especially in sectors like IT, textiles, pharma, and handicrafts. FTCCI president Suresh Kumar Singhal lauded the initiative, calling it a model for national collaboration and domestic export promotion.
Sudip Sarkar, CEO, India Exposition Mart Limited (IEML), shared that UPITS 2025 is expected to generate business worth Rs2,000 crore. The event will feature over 2,400 exhibitors, 1.25 lakh B2B and 4.5 lakh B2C visitors, along with 35,000 B2B meetings and participation from more than 550 international buyers representing over 70 countries.
The event showcased key features of UPITS 2025, including dedicated B2B zones, buyer-seller meets, ODOP displays, and the cluster export model. The trade show is being jointly organised by the Uttar Pradesh government and IEML. Upcoming roadshows are scheduled in Bengaluru, Mumbai and Ahmedabad.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hans India
11 hours ago
- Hans India
Rs 12K-cr loss for Tirupur exporters amid tariffs
Chennai: Tirupur's garment exporters have expressed deep concern over the US' recent decision to impose an additional 25 per cent tariff on Indian goods, effectively increasing the total export duty to 50 per cent. Industry leaders fear that this move could severely dent the export potential of India's knitwear hub, with projected losses estimated at around Rs12,000 crore. KM Subramanian, President of the Tirupur Exporters' Association (TEA), said the sharp increase in duties will raise the prices of Indian garments in the US market, impacting trade flows and competitiveness. 'With prices of Indian goods rising in the US due to these duties, trade is expected to suffer significantly,' Subramanian said in a statement. He termed the US decision 'unacceptable' and urged the Indian government to intervene at the diplomatic level.


Economic Times
16 hours ago
- Economic Times
End of an era: The Maggi Man who rebuilt Nestlé India bows out
On a hot and humid June morning in 2015, the mood inside Nestlé India's corporate headquarters in Gurugram was uncharacteristically tense. Shops across the country were dumping Maggi noodles – the company's flagship product and a staple item in Indian kitchens. The brand was accused of containing excess lead and monosodium glutamate. Overnight, an INR2,000 crore business line had been pulled out of store shelves. Competitors moved in, market


Time of India
20 hours ago
- Time of India
Explosives exporters remain unaffected by US tariff hikes due to strong global demand
1 2 3 Nagpur: At least ten commodities, ranging from explosives, aircraft components to spices, are exported from Vidarbha to the US. While most of these manufacturers are worried about the American tariffs, the explosive makers are calm. They believe that the huge demand for military grade explosives like RDX, HMX, or TNT, which has filled the order books of both public and private sector units in recent times, will ensure that their business is not affected much. The US is one of the major buyers of such explosives. Sources in the industry say even if America hikes tariffs, the huge demand in the global market due to the fluid geopolitical situation will insulate their industry. Even the US market is expected to remain indifferent to the impact of tariffs on imports from India, said sources in the industry. "The US has a big share in the explosives export from the region. A sudden rise in requirement for explosives has led to buyers depending on Indian supplies. Despite large manufacturing capacities in other countries, Indian manufacturers cannot be ignored due to the sheer demand," said a source in the industry requesting anonymity. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like When Knee Pain Hits, Start Eating These Foods, and Feel Your Pain Go Away (It's Genius) Read More Undo In the financial year ending March 2025, businesses in Vidarbha region exported goods worth over Rs3,000 crore to the US. Out of this, nearly Rs130 crore accounted for prepared explosives. Apart from it, around Rs80 crore of aircraft components or UAVs were sold to the US alone. Last fiscal year, the industries here had exported over Rs680 crore of explosives to the entire world, including the US. Apart from this, over Rs940 crore worth bombs and grenades were shipped too. According to the data procured by TOI, the US has been largely buying prepared explosives rather than bombs or shells. In layman's terms, it is only buying explosive powder, which is filled in the shells and bombs at a later stage. "Even if the US market is closed, there is enough demand elsewhere," a source said. Meanwhile, the textile industry in the region is already reeling from the impact of the tariff hike. Prashant Mohta of Gima Tex said already 15% of their orders have been cancelled instantly. "Our company does not directly export to the US. However, it is a vendor to a number of exporters to the country, who have cancelled orders," he said. The biggest export from Vidarbha is, however, medicines for retail sale. More than Rs1,900 crore of medicine was sold last year. Generic drugs have been excluded from the tariff hike. Other items include transmission towers, antibiotics, tractors, man-made textiles, and fruits of the genus capsicum. The Gems and Jewellery (Domestic) Council (GJC) has also expressed concern over the additional duty hike. "The US is a major market for Indian handcrafted jewellery. The duty hike may ultimately impact the livelihood of the artisans," said GJC president Rajesh Rokde. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and s ilver prices in your area.