Background study: • Expo or exhibitions are large scale platforms for education and industrial promotion that serve as a bridge between governments, companies, international organisations, and citizens organised and facilitated by governments and bringing together countries and international organisations. • An international expo usually occurs once in a year which might be general or specialty expo and has a duration of one day to one month. Need for an expo and convention centre? • Globally, the size of Exhibitions/Trade Shows industry is 55 billion $ with over 31,000 major trade shows & exhibitions taking place every year, whereas in India it is estimated at Rs 65,000 crore with over 700 major Trade Shows taking place every year at a growth rate of 12% per annum. • Exhibitions have a huge impact on the domestic economy and its GDP. Apart from boosting trade, innovation and better understanding between nations, it drives sectoral growth, tourism, hotel reservations, government initiatives, pumps event companies and businesses linked directly or indirectly to the exhibitions. • Internationally, exhibitions are respected and treated as an Industry. Germany leads the Exhibition space with almost 60 percent of their national business generated through Exhibitions. In comparison to the international facts and figures, India is still at a nascent stage. The exhibition industry continues to fight issues and challenges like new exhibition infrastructure, public-private partnership projects, venue rates and tax compulsions, complex processes and procedures etc. • An improved infrastructure has direct implications for the exhibitions industry. Venue creation for exhibition holds the key to future growth, and can take the exhibitions industry growth to double digits. • In India only few exhibition centres have been purpose built with all the facilities. Pragati maidan is one of the purpose built expo centre with all requirements and facilities. • Whereas most expos and conventions take place in large halls or open grounds with temporary structures.
TEMPORARY EXPO PAVILIONS
TEMPORARY CONVENTION HALLS
A Purpose built expo and convention centre can be beneficial in certain aspects - Reduce the wastage of money and time in construction of temporary structures every single time. - Could attract more exhibitions, participants, investors, sponsors and visitors from all parts of world.