Global Standards Meet Local Innovation at International Hardware Fair India 2024
New Delhi, November 27th, 2024: Building on the resounding success of its inaugural edition, the second edition of the International Hardware Fair India, powered by ISENWARENMESSE, is set to take place from 6-8 December 2024 at Hall No. 11, 12 & 12A, Pragati Maidan, New Delhi. Organized by Koelnmesse, the event promises to be a pivotal convergence point for the hardware community, driving the industry forward with international standards and cutting-edge innovations. The International Hardware Fair India 2024 aims to be the premier destination for exhibitors to showcase, promote, and trade with both Indian and international buyers. This year’s edition aims to embed German standards of excellence in India’s burgeoning hardware sector and is poised to bring together a diverse lineup of over 250 exhibitors, international pavilions from China, Korea, Italy & Taiwan, and more than 10,000 trade visitors from more than 35 countries, including Germany, France, USA, Russia, UK, Philippines, Turkey, and Saudi Arabia. As India’s hardware sector experiences steady growth driven by rising demand for power tools, hand tools, fastners, abrasive, furniture hardware, specialty tools and more, the market is projected to reach $160.9 billion (INR 13.5 lakh crore) in 2024, with a 1.61% annual growth rate from 2024 to 2029.
Building on the resounding success of last year’s edition, Mr. Oliver Frese, COO, Koelnmesse GmbH, said, “The International Hardware Fair India has proven to be a crucial platform for the growth of India’s hardware industry. With the sector expanding rapidly, this event provides an invaluable opportunity for stakeholders to collaborate, innovate, and forge international connections. By uniting global expertise with India’s dynamic market, the fair continues to drive progress and foster business relationships, positioning itself as a key enabler of industry advancement for years to come.”
The event will serve as a comprehensive showcase, featuring the latest advancements across various categories, such as premium hand tools, power tools, cutting-edge specialty tools, and industrial hardware solutions. Notable exhibitors who will be participating are Alok International Pvt. Ltd, D P Garg & Co Pvt. Ltd, De Neers Tools Limited, Gripwell Forgings & Tools, H.R. International, JK Files & Engineering Ltd, Sparkle Tools Pvt. Ltd among others. International Hardware Fair India 2024 is set to attract key trade visitors from diverse sectors, including heavy engineering, railway & automotive, renewable energy sector, medical equipment manufacturer, construction, automobile manufacturing, and DIY enthusiasts, fostering significant connections within the industrial supply chain.
Speaking about the upcoming event, Mr. Milind Dixit, Managing Director, Koelnmesse Pvt Ltd, said, “India’s engineering exports witnessed a remarkable 10.55% year-on-year growth in September 2024, reaching $9.82 billion and marking the fifth consecutive month of positive momentum. This growth was driven by substantial demand across sectors like industrial machinery, electrical equipment, automobiles, auto components, and medical devices. The second edition of the International Hardware Fair India aims to harness this momentum, positioning itself as a vital platform that aligns global expertise with India’s expanding industrial landscape. Additionally, rising investments in smart city projects are expected to unlock new opportunities for the hardware industry. The surge in consumer electronics demand, driven by increasing disposable incomes and enhanced purchasing power, will further propel the sector’s growth in the years to come.”
The event has garnered enthusiastic backing from numerous industry associations, including the Jamnagar Factory Owner’s Association, Fastener Manufacturers Association of India, Chamber of Industrial and Commerce Undertakings Haridwar Hardware Association, Taiwan Hand Tool Manufacturers Association, Ludhiana Hand Tools Association and Jamnagar Hardware Manufacturers Association. This strong network of support highlights the event’s importance in bringing together industry stakeholders to drive the sector’s future growth.
The event’s array of highlights including Innovative Product Showcase Zone, where exhibitors will unveil the latest tools and hardware accessories, Live technical product demonstrations and open seminars, providing industry professionals with hands-on insights, New product launches from industry leaders, spotlighting cutting-edge technologies set to drive the sector forward.