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    Recessionary winds make Indian traders give European fairs a miss

    Synopsis

    Recessionary forces are making MSME players stay away from global trade expos this year. This means they lose out on opportunities to renew contracts or sign fresh ones, leading to loss of business and putting a dampener on the country’s export growth potential.

    Indian MSME players look forward to the trade fairs and expos held in Europe, as these events provide a springboard for business expansion. This year, however, most traders are not even looking to attend the events as they fear the trouble won't be worth it.“Going to European fairs is no longer a win-win,” says Sunil Kumar, founder of Sunil Merchandising, a home furnishing business and exports firm in Panipat. There is no enthusiasm to
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    The Economic Times