Bangalore International Exhibition Centre (BIEC), The Confederation of Indian Industry (CII) and Deutsche Messe, Hannover, Germany (DMAG), recently announced the institution of ‘BuildArch 2008 and Build Up 2008’, India’s Comprehensive International Exhibition and Conference scheduled to be held in October at the Bangalore International Exhibition Center (BIEC), Bangalore. The event, to be held from October 21-24, 2008, has been envisaged as India’s most comprehensive international exhibition and conference on architecture, building and construction, property investments and development opportunities on a global scale. This is the first time that these three organisations have joined hands to conduct an exhibition.
BuildArch 2008 & Build Up 2008, the two concurrent events, have been conceived by BIEC, CII and DMAG and will be held every alternate year. These mega events will invite global participation and provide a unique platform for the industry forum to discuss all the policy issues under one roof through high-level conferences such as International Conference on Building of the Future: Architecture & Construction, Green Building and National Conclave on Real Estate.
Speaking on the concept to the media, Mr J P Nayak, Chairman, BuildArch 2008, and President (Operations), Larsen & Toubro Ltd, said, “BuildArch 2008 is initiated to showcase cutting edge technologies in the architecture, building and construction sector and is an effort to bring under one roof comprehensively the options available on technology, materials, interiors and systems. The event is designed to offer complete solutions in buildings and building construction, also highlighting critical policy issues that need to be addressed to realise the immense growth potential in this sector.”
“We are looking forward to create this unique international networking platform to enhance business opportunities along with being instrumental in bridging the knowledge gaps and bringing together the industries and the users for technology development, transfer and subsequent commercialisation,” added Mr Nayak.
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. 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 Irfan Razack, Chairman, Build Up 2008 and CMD, Prestige Estates Projects Pvt Ltd, 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.”
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 (source: www.incredibleindia.org). BIEC’s efforts in promoting the Convention and Exhibition industry can actually drive the growth of other industries.
DMAG develops plans and runs trade fairs and exhibitions in Germany and abroad. It has extensive expertise and experience in planning and executing around 100 trade fairs and exhibitions every year.
