The Ministry of Commerce and Industry, Government of India, Services Export Promotion Council (SEPC) and the Confederation of Indian Industry (CII) have joined hands to organize the 1st Indian Global Exhibition on Services (GES) from 23-25 April, 2015 at Pragati Maidan, New Delhi. The main objective of the Global Exhibition is to promote greater exchange of trade in services between India and the rest of the world.
Hon’ble Prime Minister of India, Shri Narendra Modi, has kindly consented to inaugurate the Global Exhibition on Services on 23rd April, 2015. GES will have presence of other global leaders as well.
As you may be aware, internationally, services are increasingly being traded, reaching US$ 4.6 trillion of global exports in 2013 and recording a 5.6 percent annual growth at current prices. The commercial services accounted for 20 percent of total world trade in goods and commercial services in 2013, up 1 percent from the 2012 share.
In 2013, India ranked 6th in the global exports of total services. In India, growth of services sector GDP (8.5 percent CAGR) has been higher than that of India’s overall GDP (7.1 percent CAGR) during 2000-01 to 2013-14. Also, this sector constitutes 57 percent of our GDP and contributes around 28 percent in overall employment.
The 1st GES is expected to serve as a platform to enhance trade in services and develop synergies between competitive players of the services sector in the global market. More than 40 countries are expected to participate in the fair, which shall see many structured buyer-seller meetings.
The focus sectors identified for the 1st GES are Information Technology and Telecom, Education, Healthcare, Logistics, Media & Entertainment, Professional Services, Tourism, Space, Research & Development services.
The Exhibition on Services will have dedicated space for seminars, B2B meetings and roundtables with themes surrounding focus sectors. There will be participation from major stakeholders including governments (both Indian & foreign) and corporate leaders.
For more details of the Exhibition, please visit: www.gesdelhi.in