"Sourcex India
2025 Kicks Off with Global Momentum, Paving the Way for India's Export
Growth": Federation of Indian Export Organisations
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 March 26, 2025 at the Yashobhoomi Convention Centre, New Delhi. The
event was officially opened by Mr Santosh Kumar Sarangi, Director General of
Foreign Trade (DGFT), Government of India, with prominent attendees including
Mr Ashwani Kumar, Officiating President, FIEO; Dr Ajay Sahai, Director General
& CEO, FIEO; Ms Indu Mahajan, FIEO MC Member and Mr Ashish Jain, DDG, FIEO.
In his keynote address, Mr Sarangi emphasized that Sourcex India plays a crucial role in fostering an ecosystem for promoting India’s foreign trade, particularly exports. He highlighted the government’s commitment to supporting sourcing from India through various incentive schemes and initiatives like Make in India, Startup India, and the PLI Scheme.
These efforts, he noted, are designed to boost
manufacturing competitiveness, encourage the adoption of the latest
technologies, and further improve India’s position in global markets. He also
pointed to the growing role of digitization and ease of doing business in
enhancing product quality and standardization, which are vital for increasing
the global acceptance of Indian goods. Additionally, Mr Sarangi mentioned that
the government is exploring new market access opportunities through Free Trade
Agreements (FTAs) with complementary economies to further boost exports.
Mr Ashwani Kumar, Officiating President
of FIEO, described Sourcex India 2025 as a milestone event that strengthens
India’s role as a global supplier of high-quality products. He emphasized the
importance of direct engagement between Indian exporters and international
buyers, which aims to expand India’s trade footprint worldwide.
Dr Ajay Sahai, Director General &
CEO of FIEO, noted the significant role Sourcex India plays in India's export
growth trajectory, especially as the country targets US$ 2 trillion in goods
and services exports by 2030. He stressed that Sourcex India would be a vital
platform for promoting exports of Indian brands, fostering trade relationships
and unlocking new opportunities for Indian businesses in global markets.
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 an essential platform for Indian exporters to engage with international markets. This year, the event features Indian companies from diverse sectors, including Food & Beverages, Health & Beauty, FMCG & FMCD, Apparel & Garments, Textiles & Home Decor, E-Commerce Services, and Logistics.
The event also
showcases the participation of 10 National Award-winning artisans from across
India, supported by the Office of the Development Commissioner (Handicrafts),
Ministry of Textiles, Government of India.
In closing, Ms Indu Mahajan, FIEO MC
Member, extended her gratitude to the attendees, stating that Sourcex India not
only facilitates business partnerships between buyers and sellers but also serves
as an invaluable opportunity to showcase the quality and competitiveness of
Brand India’s products and services on the global stage.