Interviews
BuildArch & Build Up by BIEC, CII & DMAG
24 Jan '08
4 min read
The real estate sector is estimated to touch US$ 50 billion by 2009-10 along with the estimated planned investment of US$ 475 billion over 2007-12 and an expected growth of 7-8% of GDP in India's infrastructure sector has created a huge business potential in this sector making it an attractive investment destination for the foreign investors.
BuildArch 2008 & Build Up 2008, aims to bring together, under one roof, all the potential developers/ builders and property purchasers offering one-stop-shop solution towards different facets of real estate and construction sector.
Mr Nayak said “these two premier events will go a long way to boost the real estate sector as well as the architecture, building and construction community in India. Complete building construction solutions will be showcased and critical policy issues that need to be addressed will be highlighted.
Besides, BIEC is an ideal venue for holding national and international exhibitions, conferences and seminars. It is one of India's most modern facilities for hosting exhibitions, conferences and seminars with state-of-the-art technology and a unique architectural style.”
Mr Chandrajit Banerjee, Chief Operating Officer, BIEC, said that BIEC with its state of the art hosting facilities has been promoting conventions and exhibitions that help the various Indian industries to showcase their offerings to the world and attract global attention to the Indian market.
With MICE tourism (Meetings, Incentives, Conventions and Exhibitions) being the new buzzword in the international tourist market, after hot spots like Hong Kong, Malaysia and Dubai, India is fast gaining its foothold in the competition to become an ideal MICE destination.
The inbound MICE segment in India is estimated at growing 15 to 20% annually. It is estimated that the total national and international MICE meetings market all over the world is in excess of $300 billion.
BIEC's efforts in promoting the Convention and Exhibition industry can actually drive the growth of other industries. Earlier, Mr A Kaul, Past Chairman, DSC & CEO, Horizon Industrial Products Ltd delivered the welcome address.
BuildArch 2008 & Build Up 2008, aims to bring together, under one roof, all the potential developers/ builders and property purchasers offering one-stop-shop solution towards different facets of real estate and construction sector.
Mr Nayak said “these two premier events will go a long way to boost the real estate sector as well as the architecture, building and construction community in India. Complete building construction solutions will be showcased and critical policy issues that need to be addressed will be highlighted.
Besides, BIEC is an ideal venue for holding national and international exhibitions, conferences and seminars. It is one of India's most modern facilities for hosting exhibitions, conferences and seminars with state-of-the-art technology and a unique architectural style.”
Mr Chandrajit Banerjee, Chief Operating Officer, BIEC, said that BIEC with its state of the art hosting facilities has been promoting conventions and exhibitions that help the various Indian industries to showcase their offerings to the world and attract global attention to the Indian market.
With MICE tourism (Meetings, Incentives, Conventions and Exhibitions) being the new buzzword in the international tourist market, after hot spots like Hong Kong, Malaysia and Dubai, India is fast gaining its foothold in the competition to become an ideal MICE destination.
The inbound MICE segment in India is estimated at growing 15 to 20% annually. It is estimated that the total national and international MICE meetings market all over the world is in excess of $300 billion.
BIEC's efforts in promoting the Convention and Exhibition industry can actually drive the growth of other industries. Earlier, Mr A Kaul, Past Chairman, DSC & CEO, Horizon Industrial Products Ltd delivered the welcome address.
Confederation of Indian Industry
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