Ranked as Asia’s third-largest trade fair market, India’s exhibition sector has undergone a significant transformation. Globalization, tech, and Government initiatives have made it a major commercial platform. The sector has strong potential and is expected to reach US$ 5.23 billion in 2024 and rise 8.31 percent to US$ 7.80 billion by 2029. Drawing insights from UFI’s 31st Global Barometer research, it is evident that the exhibition industry is witnessing dramatic changes. The report finds that 68 percent of people worldwide agree that ‘Changing customer expectations’ will have a big influence over the next five years. To understand how to keep customers and exhibitors coming back, as well as how to build resilience and growth in this industry, we turn to Srikanth TG, Business Head, HITEX, for his views.
The HITEX Approach Secondly, the exhibitor aims for strong networking and visitor footfalls at the expo. Sharing his views on the increasing importance of reaching out to target audiences and business networking, Srikanth says that HITEX is very focused on visitor mobilization. He emphasizes, “The fact that HITEX’s own shows are growing in size as well as quality is a testimony to our successful, constant efforts in getting the right audience at the shows.”
Cementing Long-Term Bonds The operations team at HITEX facilitates the show organizers in all possible ways, ranging from obtaining necessary approvals to logistics, so that they can focus on their events. He reiterates, “HITEX is equipped with all modern amenities and facilities, and its infrastructure is one of the best in the country. We ensure that our customers have a fulfilling experience from pre-show until the end of the show.”
Setting the Stage It is well acknowledged that exhibitor retention requires strategic approaches such as using technology (like Artificial Intelligence) to match data in a more effective manner and make sales lead generation easier. Pre- and post-event email marketing and webinars are essential tools to hold the engagement of the stakeholders. Providing customized buyer programs, in-person workshops, and networking opportunities are gaining importance in the Indian events and exhibitions industry too. Studies reveal 80 percent of exhibitors prioritize measurable data and therefore track ROI thoroughly. Last but not least, using surveys like the ‘Voice of the Exhibitor’, to gather tangible inputs helps improve trade show experiences.
Building Bridges Beyond Borders
2024 Vision Speaking of the 2024 calendar, Srikanth shares an impressive list of HITEX’s own shows, such as Eco Sustain Expo, Business Woman Expo, Hyderabad International Machine Tool & Engineering Expo (HIMTEX), India Process Expo & Conference (IPEC), Livestock, Dairy and Fisheries Exposition (LDF India), All in Print, HITEX SportExpo India, Hyderabad HITEX Kids’ Fair, and PETEX India, scheduled to take place this year.
The Experience Continuum |
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www.hitex.co.in
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