Anticipated Growth in India’s Exhibition Sector
The exhibition industry in India is on the verge of a significant revenue boost, with industry leaders forecasting a doubling of its revenue within the next three years. Recent discussions at the 5th India Expo Shop 2025 in New Delhi emphasized the transformation of this vibrant sector, currently valued at approximately USD 49.4 billion, into a powerhouse fueled by innovation and sustainability.
Overview of the India Expo Shop 2025
This year’s India Expo Shop, held at Yashobhoomi, Dwarka, showcased over 100 exhibitors along with leading policymakers and global experts in the Meetings, Incentives, Conferences, and Exhibitions (MICE) industry. The event, spanning from August 12th to 13th, gathered more than 300 decision-makers and 2,000 professionals dedicated to exploring novel possibilities in sustainability and upcoming trends. An integral unveiling was the launch of EventFull Bharat, aimed at spotlighting emerging and smaller players in the events ecosystem.
The Schmooze of Industry Leaders
A pivotal moment during this event was the address by Mr. Sooraj Dhawan, President of the Indian Exhibition Industry Association (IEIA), who articulated a vision of “unprecedented growth” for the sector. Mr. Dhawan projected that revenues would double in the next three years based on five key priorities:
- Accelerating operations through technology
- Developing sustainable infrastructure
- Expanding venues beyond metropolitan areas
- Upskilling the workforce
- Integrating sustainability as a core standard
Investment Focus and Market Insights
Phil Chung, CEO of Kinexin IICC, pointed out how global investors are increasingly assessing event destinations based on their sustainability credentials. The Yashobhoomi venue holds a prominent position, rooted in environmental, social, and governance (ESG) principles, ensuring it stands toe-to-toe with international standards.
Jatinder Kapur, President of the IESA, took the discussion a step further by forecasting the sector’s value to surpass USD 100 billion by 2030. With an annual average of 35,000 corporate events hosted in India, initiatives like EventFull Bharat will catalyze competitiveness across the industry landscape.
Driving Sustainability in Event Management
Ashish Jain, the founder of the Indian Pollution Control Association (IPCA), underscored the necessity of incorporating waste management, carbon footprint reduction, and the use of sustainable materials into event practices. Sonia Prashar, Managing Director of NürnbergMesse India, emphasized the importance of establishing Centres of Excellence aimed at skill development while advocating for the channeling of CSR funds into wide-ranging industry training initiatives.
Collaboration and Innovation in the Sector
A standout development during the event was the signing of a Memorandum of Understanding (MoU) between IESA and the Media and Entertainment Skill Council (MESC) aimed at enhancing skill development across the industry. Discussions during EventFull Bharat revolved around the training of Gen-Z professionals, the integration of product showcases, immersive technology use, and the role of artificial intelligence in refining event planning and execution.
Slutsats
The projected doubling of revenue in India’s exhibitions market signals a robust evolution in the MICE sector, underscoring the shift towards sustainability and technological advancement. Such developments exert a considerable influence on the travel and transportation landscape, especially regarding transfer services, where adapting to new trends in corporate travel is paramount.
On platforms like GetTransfer.com, users can benefit from personalized travel experiences and broad vehicle options, choosing services that align with the latest industry trends. As the exhibition sector flourishes, so does the opportunity to streamline travel arrangements through transparent, user-friendly booking processes, ensuring travelers can secure the best transport solutions to meet their needs. Book your ride with GetTransfer.com to stay ahead in this evolving landscape!
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