Exhibition World Supplements India Supplement | Page 6

India the growth of the sector. “Exhibitions,” Nagendra Prasad says, “have become an integral part of almost all major initiatives by the current government, whether that be ‘Make in India’, ‘Start Up India’, ‘Skill India’ or other such initiatives.” Does the IEIA President think there is good scope for international organisers to enter the Indian market? “There is a great scope for that. Set at the confluence of rapid growth, the exhibition industry in India has the potential to be a large market.” India’s B2B segment is well backed by industry bodies and they support the development of a variety of sectors. Therein lies great scope for large-scale exhibitions. “The exhibitions sector offers a level playing field for indigenous and international organisers,” says Nagendra Prasad. “There is vast scope for partnerships and collaborations between Indian and international players. The entrance of new players will only add to healthy competition among all players.” One question asked is how ready India is in terms of hi-tech venue facilities and infrastructure to attract the large-scale exhibitions? Nagenda Prasad says that India has 17 major venues across the country that can host large tradefairs. Most, he says, are equipped with latest hi- tech facilities which can support any format of a show from large to small and B2B to B2C. Technological disruptions are fast impacting all spheres of life. Does the IEIA President see this as a threat for the face to face exhibitions? “Technology in the events and exhibitions sector is rapidly advancing. AR, VR and AI are the new normal of the industry today in India as well as across the globe,” he says. “We don’t see this face–to- face medium being affected with the technological advancements in the medium term. The human touch and feel is important to build and maintain trust and credibility. 6 Supplement “2018 saw 553 professional tradefairs organised in the country, taking up 4.9m sqm of space.” Germany is the best example of this as almost 60% of their national business is generated through exhibitions.” New and fast changing technology has actually helped the exhibition market to boom, Narendra Prasad believes. So, how exactly is the IEIA supporting the industry players? Nagendra Prasad replies that as the national apex body of the Indian exhibition industry, IEIA represents all the segments of the industry in the country, embracing organisers, service providers and venue owners, with 220+ exhibition industry players in membership. “The association,” he says, “brings together all the stakeholders of the sector, so that there is a common platform available to the entire industry to consider ways and means for the sound and scientific development of various facets of the industry.” Nagendra Prasad also points out that IEIA has been progressively supporting the exhibition industry through its many initiatives including advocacy campaigns, training programmes (like Certified in Exhibitions Management - CEM), business networking events, Women’s Leadership Forum, CXO Summit, and many more. The flagship annual event, the IEIA Open Seminar, brings together key international and national exhibition industry professional players for knowledge sharing, providing a quality platform for building a strong network for their businesses. “IEIA is also proud to collaborate with 19 international exhibition bodies which facilitates a meaningful platform for its members to expand their networks with members of those partner associations,” the IEIA President adds. w w w.exhibitionworld.co.uk