Exhibition World Supplements India Supplement | Page 9

India
Key market trends
India is seeing a rise in IoT adoption,
smart manufacturing and a
shift towards ultra super critical
technologies.
There is also a shift from ‘sick
care’ to ‘healthcare’ with increasing
investment by domestic and foreign
companies.
There is a shift from single
speciality units to branded retail
clinics, as well as consolidation in
the hospital segement.
Overall exhibition industry 2018 –
organiser segmentation
Domestic players account for 55%
of all (337 events organised in 2018)
events, while industry associations
and trade bodies lead with 40%
of total gross area. International
players are gaining share through
acquisitions.
w w w.exhibitionworld.co.uk
• IOT enabled
consumer durables;
• Global for Local.
• Smart manufacturing;
• Big data.
ADVANCED
Manufacturing trends
While industrial automation is
flourishing globally, India is still
lagging, although its primary
advantage of low cost destination is
still a drawcard.
India has jumped
23 ↑
in Ease of Doing
Business ranking
to reach
#77
India has jumped
24 ↑
in Global Innovation
Index to reach
#57
India has jumped
10 ↑
in Logistics
Performance Index
to reach
• Innovation and renewable
energy integration;
• Advanced technologies.
• Shift from sickcare to
healthcare;
• Health delivery consolidation.
Ease of doing business rankings
India has seen a sharp jump in its
ranking for ‘Doing Business’, as
published by the World Bank in
2018. The improvement from World
No. 142 in 2014 to No.77 in 2018
has been attributed to government
reform initiatives, improving
governance and regulatory
scenario.
There have also been big rises
in India’s rankings for Global
Innovation Index, Logistics
Performance Index and the Global
Competitiveness ranking.
COSUMER
Industrial production, CPI and
REPO rates
Over the past four years inflation
(CPI) has been in steady decline
from 5.9% to under 1% in 2019.
India Outlook, Key Market Trends
Opposite: India’s Performance, Ease
of Doing Business Rankings
#44
India has jumped
20 ↑
in Global
Competitiveness
rank to reach
#40
out of 137 places
Supplement
9