News this week: The Indian Exhibition Industry Association
(IEIA) is calling on the national and state governments to grant the exhibition
industry official status and operation under a single-widow system. The Business Standard reports a 10% annual
growth rate for the Indian exhibition industry, which the IEIA feels a lack of
infrastructure is hindering its growth.
Sanjeev Khaira,
president of IEIA, was critical of the lack of and poor quality of
infrastructure and MICE venues. He highlighted the economies of Germany, the
U.S., Japan, France and the U.K. in relation to their large exhibition
industries. The Indian Government’s 12th Five Year Plan is
reportedly to include US$1 trillion of investments on roads, rail, ports,
health, education and urban regeneration.
Khaira was also critical
of the lack of upgrades to existing venues and new developments within the last
five years. The IEIA is calling on the government to provide subsidies and
incentives for the industry, along with the removal of duties charged on
products and equipment displayed in exhibitions. According to the IEIA, there
are currently about 23 approval processes required in Mumbai alone before an
exhibition can be organised.
Mr. Khaira was quoted
saying, “The infrastructure in Pragati Maidan in
New Delhi and at Bombay Exhibition Centre
in Mumbai is in shambles. These centres have limitations to accommodate a large
number of exhibitors and the visitors. However, the new centres that have come
up in Bangalore and Noida are quite good but they are at least one hour away
from the cities and therefore are inconvenient.”
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