News

Reverse buyer seller meet concludes with $400 million biz

Anil Urs Bengaluru | Updated on January 19, 2018 Published on February 17, 2016

Reverse buyer seller meet (RBSM), the biggest meeting place of international buyers who plan to source electrical products and equipment from India, concluded with $400-million business at ELECRAMA 2016.

In line with the Prime Minister Narendra Modi’s vision of ‘Make In India’, RBSM is a platform for Indian industry to showcase its competitive products and services. About 52 countries attended the meet where buyers from Africa, ASEAN, CIS, and SAARC, along with Iran are participating.

Aaditya Dhoot, Organising Committee Chairman, Elecrama, said, “We have been very encouraged by the response during the last edition of RBSM where we did a business of close to $200 million. This time we plan to double the number and expect business worth $400 million coming in. Indian electrical products and services are second to none in the world and we are confident that our competitiveness will give us an edge over other global manufacturers.”

“ELECRAMA 2016 is a wonderful platform for the world to see the latest technology and innovation and it is a great business opportunity to leverage,” he added.

Published on February 17, 2016
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