News this week: Last week, Reed Exhibitions announced a joint
venture (JV) agreement was penned with Bangalore-based Triune Exhibitors Pvt Ltd to form Reed
Triune Exhibitions Private Limited. The establishment of Reed Triune
Exhibitions will join a growing list of JVs in India for Reed which includes
New Delhi-based Reed Manch and Reed SI.
The new JV company will be based in Bangalore, and initially focus on
the internationalisation of existing show, AMTEX (Asian Machine Tools). AMTEX is held
concurrently at New Delhi’s Pragati Maidan together with
Triune’s other industrial-focused trade shows – ELASIA (Power, Electrical & Industrial
Electronics) and Automation Asia.
Mr Dan Londero, regional president of Reed Exhibitions, said, “The
formation of this joint venture allows us access to the manufacturing sector in
India which is a core competence for Reed internationally. It also gives us a
valuable foothold into the important southern regions of India via our office
and team in Bangalore. We firmly believe that the way forward for Reed in India
is via a network of experienced and reliable local partnerships and I look
forward to working with Cyril and the team as we develop the business for the
future.”
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