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India International Trade Fair

2016-11-11 Fri

Since ancient times, India has been one of the busiest trade centers of the world as well as an active center of trade fairs. Merchants used to gather from far and wide to display and sell their wares. This tradition is still being followed in the contemporary world. India has also become significant in hosting the International Trade Fairs in Modern Times.

The Trade Fair Authority of India (TFAI) was set up on 30 December 1976 by the Government of India as a single unified national agency for planning and mounting exhibitions and fairs in India and abroad. Its basic objective is export promotion through organization and participation in various national and international expositions.

On national Level, the TFAI arranged many successful trade fairs. The India International Trade Fair 1979 held at Pragati Maidan in New Delhi is the first International Trade Fair organized by TFAI in India. The fair covers all aspects of industry, agriculture, trade, science, and technology. Nearly 30 countries of the world are participating in the Fair.

A special stamp was released on this occasion. This Re. 1.00 stamp commemorates the first ever International Trade Fair organized by India. The stamp features the logo of the Trade Fair Authority of India.