Organizers of INDIAWOOD 2024 revealed the intricate details of what promises to be a monumental event at the Bangalore International Exhibition Centre from February 22-26, 2024. The grandeur of the 13th edition was laid bare in front of a keen audience, unveiling the colossal scale of this global woodworking and furniture production summit.
With representatives from over 950 companies spanning more than 50 countries, the press conference underscored the transformation of Bangalore into a global hub for woodworking innovation. Covering a vast expanse of 75,000+ square meters, INDIAWOOD 2024 is poised to be the largest edition in its history.
Industry leaders at the conference shed light on the dynamic landscape of the Indian furniture market, currently valued at $32 billion. A growth rate of 20%-25% and a staggering 248% increase in furniture exports from FY 2013-2014 to FY 2022-2023 were presented as indicators of the sector’s robust health. The press conference placed a spotlight on recent government initiatives like the National Transit Pass System and the PRAMAN certification scheme, emphasizing their role in enhancing ease of doing business and fostering export potential.
