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INDIAWOOD 2024: A Global Summit for Woodworking and Furniture Production Technology

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Rapid Growth: Indian Furniture Market Reaches $32 BillionFurniture Exports Skyrocket by 248%: Driving Economic ExpansionTechnology Impetus Fuels Furniture Sector

BENGALURU, India, Feb. 15, 2024 /PRNewswire/ — India’s furniture and woodworking industry continues to soar to new heights, bolstered by innovation, craftsmanship, and a growing demand both domestically and internationally. As a testament to its prominence on the global stage, INDIAWOOD – leading exhibition in this domain is gearing up for its highly anticipated 13th edition.

Scheduled to take place from February 22-26, 2024, at the Bangalore International Exhibition Centre, Bengaluru INDIAWOOD 2024 stands as a beacon of excellence, showcasing the latest advancements and trends in woodworking and furniture production technologies.

With participation from over 950 companies representing more than 50 countries, and an expected turnout of 75,000 trade visitors, INDIAWOOD 2024 is set to be the largest gathering in the event’s history. Spanning an impressive 75,000 SqMs of exhibition area, the event promises an immersive experience for industry professionals and enthusiasts alike.

Attendees will be able to explore cutting-edge Machinery & Technology, a rich array of Materials & Supplies, Fittings, Hardware & Components, and a spectrum of Industry Services.

Co-located events include India Mattresstech & Upholstery Supplies Expo, along with one day conference programs – Wood+ in Architecture & Design and Surface in Motion India.

As India’s premier event for woodworking and furniture manufacturing technology, INDIAWOOD plays a pivotal role in shaping the future of the industry. By offering a curated platform for showcasing products, solutions, and content, the exhibition continues to drive innovation and excellence, reinforcing India’s position as a global leader in the field.

“In the dynamic landscape of the Indian furniture market, consumer preferences are evolving to reflect a blend of tradition, functionality, and sustainability. A preference for multifunctional designs that maximize utility in compact living spaces is evident, alongside an appreciation for the seamless integration of technology into furniture. Balancing quality with affordability, consumers seek value-driven options that offer durability and longevity”, says Sonia Prashar, Managing Director, NuernbergMesse India.

She further adds, “INDIAWOOD 2024, with a legacy of more than two decades will be instrumental in highlighting the scope and aspiration of the woodworking and furniture manufacturing Industry in India. Recognized on a global scale, the upcoming edition highlights the sector’s significant advancements in production volumes and technology.”

THE NEXUS OF INDUSTRY CONNECTIONS – CREATING TRENDS AND FOSTERING INNOVATIVE SOLUTIONS

Furniture & Kitchen manufacturers, architects, interior designers, timber traders, saw millers, builders, contractors, hardware distributors, dealers from all over the country and neighbouring countries such as Nepal, Bhutan, Sri Lanka, the Middle East & other international countries will be a part of this 5-day mega event.

International countries including Germany, Italy, France, Malaysia, USA, Turkey will be represented via official pavilions.

Recent trends in the furniture and woodworking industry include digitalization and automation for real-time monitoring, CNC machining centres for versatility and precision, smart edge banding solutions for seamless finishing, and laser cutting systems for precise cutting and engraving. These advancements signify a move towards more efficient and technologically advanced manufacturing processes.

INDIAWOOD 2024’s show floor will be a reflection of such emerging technologies and trends, providing visitors with a unique opportunity to explore essential sector topics, exchange innovative ideas, and foster connections with new contacts.

COMPLEMENTARY THEMES HIGHLIGHTING LATEST IN MATTRESS TECHNOLOGY, WOOD+ IN ARCHITECTURE & DESIGN AND SURFACE TRENDS

INDIA MATTRESSTECH + UPHOLSTERY SUPPLIES EXPO (IME), held concurrently will have on display the latest technology for mattress production machinery and supplies, mattress finishing machinery and supplies, production tools and equipment, upholstery production technology, bed systems, new materials etc.

The third edition of ‘Wood+ in Architecture and Design (WAD)’, one day conference, to be held on the 24th of February will bring together Architects, Structural Engineers, Designers and Mass-Timber manufacturers to explore through panel discussions, expert presentations, and interesting case studies the application of wood as a construction material. www.w-a-d.in 

Newest launch SURFACE IN MOTION, one day conference on decorative surfaces for wood-based materials, will be held on 23rd February; where top experts from Europe and India will present topics such as decor design, the latest surface technologies, production processes and trends.

INDIA’S FURNITURE INDUSTRY EYES GLOBAL DOMINANCE WITH EXPONENTIAL GROWTH

In recent years, India has emerged as a major player in the international furniture and woodworking arena, recognized for its diverse range of offerings, from intricately carved wooden furniture to contemporary designs crafted with precision. The industry’s growth trajectory is fuelled by a combination of factors, including a skilled workforce, abundant raw materials, and a robust manufacturing ecosystem.

Moreover, India’s furniture and woodworking industry is characterized by its strong export potential, with Indian-made furniture and wooden products finding favour in markets across the globe.

With the Indian furniture market valued at $32 billion and experiencing a robust compound annual growth rate of 20%-25%, there exists substantial export potential as India holds only a 5% share of the global market. Notably, furniture exports surged from INR 1952 crore (approximately USD 26 million) in FY 2013-2014 to INR 6790 crore (USD 820 million) in FY 2022-2023, marking a remarkable 248% growth.

With a focus on exports, meeting local demand, and integrating advanced technologies, this sector is poised to make significant contributions to India’s export growth and economic development.

Luigi De Vito, President, Eumabois (European Federation of Woodworking Machinery Manufacturers, SCM Group General Manager and SCM Wood Division Director is upbeat about the scope of the Indian market and Industry, “The Indian market is growing in sync with the global demand and is perfectly positioned to offer High-tech solutions and integrated systems that are specifically tailored to the needs of manufacturing companies who wish to improve and enhance their production performance. Accordingly, this might be the right momentum when European and Indian manufacturing have a unique opportunity to deepen their partnership and shape the upcoming industrial agenda in terms of trade, digitalization, and sustainability.”

The impact of the event is summed up by Mr. Sivakumar Venugopal, Group Director, NuernbergMesse India, “INDIAWOOD, a catalyst for industry evolution, continues to redefine the landscape of woodworking and furniture production. Its influence is marked by technological strides, collaborative advancements, and a sustained commitment to shaping the industry’s future.”

For more information about INDIAWOOD 2024, including registration, exhibitor details, and event updates, please visit www.indiawood.com

Contact for Exhibition: 
Pradeep Kumar Gopal
Portfolio Director
M: +91 9986066910
E: pradeepkumar.gopal@nm-india.com

Contact for Press & Media:
Navneet Pillai
Senior Manager – Marketing & Communication
M: +91 9945826248
E: navneet.pillai@nm-india.com

Logo: https://mma.prnewswire.com/media/2300027/4454332/INDIAWOOD_2023_Logo.jpg 

View original content:https://www.prnewswire.com/in/news-releases/indiawood-2024-a-global-summit-for-woodworking-and-furniture-production-technology-302061885.html

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Meridian Singapore Immigration Launches New Website to Simplify the PR Application Journey for Foreigners in Singapore

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New online platform provides clear, structured guidance for Employment Pass and S Pass holders navigating Singapore’s residency and Permanent Residency pathways

SINGAPORE, April 30, 2026 /PRNewswire/ — Meridian Singapore Immigration Pte. Ltd. has officially launched its new website at meridianimmigration.sg, a resource built specifically for foreigners living and working in Singapore who are exploring Permanent Residency or long-term residency options.

The platform arrives at a time when Singapore’s expatriate and foreign professional community is growing rapidly, yet many EP and S Pass holders report struggling to find clear, reliable information on the PR application process. Singapore’s immigration framework is among the most structured in Southeast Asia, with eligibility criteria, documentation requirements, and submission windows that change frequently. For individuals navigating this process without professional guidance, the stakes are high and the margin for error is narrow.

Meridian’s website was built to address that gap directly. The platform offers detailed explanations of available immigration pathways, structured consultation options, and educational resources developed by the firm’s team of immigration specialists. Rather than presenting a services catalogue, the site walks users through the considerations relevant to their specific situation, whether they hold an Employment Pass, S Pass, or are planning for their family’s long-term residency in Singapore.

“We built this platform because we saw how overwhelming and confusing the immigration process can be for people who genuinely want to build their lives here,” said a spokesperson for Meridian Singapore Immigration. “Our goal is to be the trusted partner that walks them through every step with clarity and integrity.”

Singapore’s continued attractiveness as a regional hub for multinational corporations, financial institutions, and technology firms means the pipeline of foreigners seeking long-term residency options remains substantial. At the same time, the ICA’s PR application framework has grown more nuanced, with factors such as economic contributions, family ties, and community integration weighed during assessment. Applicants who proceed without a clear understanding of these criteria often submit applications that are either premature or structurally incomplete.

Meridian’s approach centres on preparation and transparency, helping applicants understand where they stand before they apply and what supporting documentation strengthens their case.

Meridian Singapore Immigration Pte. Ltd. is a professional immigration consultancy dedicated to guiding individuals and families through Singapore’s immigration process. Specialising in Permanent Residency (PR) applications, residency pathways, and compliance support, Meridian offers clear, structured solutions tailored to each client’s unique circumstances. Founded on the values of Guidance, Integrity, and Success, Meridian is committed to making immigration simple, transparent, and accessible for everyone. For more information, visit meridianimmigration.sg or contact info@meridianimmigration.sg / +65 8873 1113.

 

View original content:https://www.prnewswire.com/apac/news-releases/meridian-singapore-immigration-launches-new-website-to-simplify-the-pr-application-journey-for-foreigners-in-singapore-302757392.html

SOURCE Meridian Singapore Immigration Pte. Ltd.

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Socomec, Daitron team up to meet Japan’s growing power demands

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TOKYO, April 30, 2026 /PRNewswire/ — Socomec, a century-old electrical group specialising in mission-critical energy, and Japan’s Daitron, an electronics components distributor, have signed a partnership to deliver power conversion solutions and service backup power and electrical-switching systems across Japan.

The deal combines Socomec’s equipment with Daitron’s on-the-ground engineering team, which has more than 74 years of experience in the Japanese market. The two companies will handle everything from project delivery to ongoing maintenance and spare parts.

The partnership covers three product areas: uninterruptible power supplies (UPS), which keep facilities running during outages; power conversion systems, which ensure the availability and continuity of high-quality energy; and static transfer switches, which automatically reroute power loads between sources without interruption.

Beyond equipment sales, the agreement includes training, spare parts, long-term service contracts and a full range of expert services covering prevention, measurement and analysis, consultancy, deployment and optimisation. Socomec will provide product and technical training to Daitron’s team, while Daitron handles installation, servicing and day-to-day client support in Japan.

The target market spans data centres, semiconductor plants, industrial facilities, hospitals and green buildings, all areas where even brief power interruptions can prove costly. Data center demand in particular is surging, driven by the rapid expansion of artificial intelligence infrastructure, with colocation and enterprise facilities among the primary targets.

“Daitron knows the Japanese market inside and out. They have the people, the relationships, and the hands-on experience, and we bring the technology to match,” said Socomec Asia-Pacific CEO O’Niel Dissanayake. “It’s a natural fit, and together we can offer something neither company could deliver alone.”

“Japan’s data centres, chip factories and industrial plants all require power systems they can count on,” said Masaharu Kato, corporate officer of Daitron. “Socomec’s technology is exactly what these customers need, and our job is to make sure it’s installed, maintained and supported properly. That’s what we do best.”

The partnership comes as Japan faces a step change in power demand. Electricity consumption is expected to grow 5.3% over the next decade, driven by data centres and semiconductor factories, according to the country’s grid operator. Industrial energy demand alone is forecast to rise 18.3% over the same period.

That growth is creating strong demand for reliable power infrastructure. Data centres, for example, run around the clock and cannot afford downtime, making backup power and efficient energy management essential. Socomec’s systems are designed to reduce power consumption without sacrificing reliability, a balance that is becoming increasingly important as operators look to manage both costs and environmental commitments.

Both companies say project planning and bids are already underway, with a long-term goal of expanding the partnership’s reach across Japan as demand grows.

About Daitron

Daitron Co., Ltd. is a Japanese engineering and trading company founded in 1952 and headquartered in Osaka. Listed on the Tokyo Stock Exchange (TYO: 7609), Daitron sells and manufactures electronic components, semiconductor processing equipment and power supply systems. The company has more than seven decades of experience serving Japan’s electronics and manufacturing industries.

SOCOMEC: When energy matters

Founded in 1922, SOCOMEC is an independent industrial group of more than 4,800 experts spread across the world in 30 subsidiaries. Our vocation: design, manufacture and sale of electrical equipment, with a strong expertize in critical power applications. In 2025, SOCOMEC achieved a turnover of 997 million euros (not yet audited).

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/socomec-daitron-team-up-to-meet-japans-growing-power-demands-302755570.html

SOURCE Socomec

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Multi-Destination Travel Surges Across Asia-Pacific This Labour Day, Trip.com Group Data Shows

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Multi-city travel across Asia-Pacific grew 35% year-on-yearMulti-city travel outpaces single-destination growth by more than 2xSoutheast Asia sees strong double-digit growth, with Thailand up to 52% YoY

SINGAPORE, April 29, 2026 /CNW/ — Multi-city travel across Asia-Pacific grew 35% year-on-year this Labour Day period, according to data from Trip.com Group. Several Asia-Pacific markets including Japan, South Korea, parts of Southeast Asia and Mainland China celebrate Labour Day, driving strong cross-border and domestic travel flows across the region.

Over 30% of international trips now span multiple destinations, highlighting a continued shift towards more complex, itinerary-led travel. This shift reflects a growing preference to maximise time and value with multiple destinations within a single trip rather than a single location.

Multi-destination trips become a defining travel pattern

While single-destination travel continues to account for most bookings, growth is increasingly driven by more complex itineraries. Multi-destination bookings are growing at more than twice the pace of single-destination travel, reflecting stronger demand for flexibility and deeper exploration.

Travellers are increasingly structuring trips across multiple cities to maximise both time and value, with popular combinations including:

Tokyo – Osaka – Kyoto (Japan)Seoul – Busan (South Korea)Bangkok – Phuket (Thailand)

These itineraries reflect a growing preference for multi-stop journeys that blend urban experiences with leisure destinations.

Southeast Asia sees fast growth in multi-destination travel 

Across Southeast Asia, demand for multi-destination travel is rising steadily, with strong growth across key markets of Thailand: 52%, Malaysia: 40%, and Singapore: 17%, according to Trip.com Group data.

Top outbound destinations across Southeast Asian markets include Japan (Tokyo, Osaka), South Korea (Seoul), China (Shanghai, Beijing), Thailand (Bangkok), Indonesia (Bali).

In other parts of Asia such as Hong Kong SAR, multi-destination travel also grew by over 50% year-on-year, highlighting growing preference for more complex itineraries over traditional single-destination trips, particularly in well-connected urban markets.

In Mainland China, domestic travel remains a strong base, while overseas journeys are increasingly shaped by multi-destination itineraries, with over 40% of outbound trips spanning multiple destinations and continuing to grow.

This suggests that travellers in this region are increasingly combining multiple cities within a single trip, supported by strong regional connectivity.

Japan’s domestic travel momentum on the rise

Japan is also seeing shifts in domestic travel behaviour, even as outbound demand continues to grow.

In Japan, domestic travel is growing rapidly, indicating rising interest in travelling within the country, accounting for one-quarter of all flight bookings, and to cities such as Tokyo, Sapporo and Okinawa.

Intra-Asia travel dominates Labour Day demand

The Labour Day holiday period continues to be driven by regional travel within Asia-Pacific, with travellers favouring destinations that offer ease of access, diverse experiences, and flexible itineraries.

The Group’s data highlights the continued strength of short-haul travel, supported by strong connectivity and shorter flight durations.

More broadly, the way people travel across Asia-Pacific is evolving. Travellers taking a more deliberate approach to how they plan their trips. While cross-border journeys are increasingly shaped by multi-city itineraries, domestic travel remains a strong and steady part of the landscape. Together, these patterns point to a more flexible and value-conscious mindset, as travellers look to make the most of both time and budget.

About Trip.com Group

Trip.com Group is a leading global travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Across its platforms, Trip.com Group helps travellers around the world make informed and cost-effective bookings for travel products and services and enables partners to connect their offerings with users through the aggregation of comprehensive travel-related content and resources, and an advanced transaction platform consisting of apps, websites and 24/7 customer service centres. Founded in 1999 and listed on NASDAQ in 2003 and HKEX in 2021, Trip.com Group has become one of the best-known travel groups in the world, with the mission “to pursue the perfect trip for a better world”. Find out more about Trip.com Group here: group.trip.com.

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View original content to download multimedia:https://www.prnewswire.com/news-releases/multi-destination-travel-surges-across-asia-pacific-this-labour-day-tripcom-group-data-shows-302756711.html

SOURCE Trip.com Group

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