|
The development of convention centres, sports facilities, and performing arts venues plays an important role in stimulating local economies and improving the quality of life of local residents. India has the potential to become a leading player in the Conventions and Exhibitions market (also known as MICE) – this necessitates the creation of not just a convention centre but an integrated convention destination with exhibition facilities, shopping opportunities, adequate hotel accommodation in the vicinity, and a well-developed mass-transport infrastructure. There are multiple plans on the anvil for more world-class convention centers, airports that contest with the best in the world and efforts to team the famous Indian hospitality with customization as per a visitor's requirement. The inbound MICE (meetings, incentives, conventions and events) segment is growing at 15 to 20 percent annually. It is estimated that the total National and International MICE meetings market all over the world is in excess of $270 billion. An India rank 27th in the global meetings market and the onus is on the private sector for the construction of world class Convention Centers.
- Advisory
- Project Management
- Market and industry analysis: Feedback has provided macro and micro-level assessment of the Conventions, Meetings and Exhibitions market in locations across India. Our extensive database of research developed over the course of client engagements and through ongoing internal maintenance enables us to provide an accurate analysis and projection of demand in the MICE industry. Other services include:
- Supply analysis
- Growth drivers in the market
- Facility Conceptualisation: Feedback has significant experience in the configuration of convention centres. The various aspects include:
- Nature and size of facilities (including equipments required).
- Positioning of the facility.
- Conceptualising “hooks” and other marketing initiatives for the facility.
- Nature of alliances and partners required for specialised services.
- Feasibility Analysis & Structuring: Feedback understands the economics of an integrated convention centre complex across the development and operational phases. Our analysis also includes the economics of necessary value-enhancers for a Convention centre complex.
- Location and site selection: Feedback works with clients to understand and forecast various factors such as urban and economic growth trends, infrastructure projects, etc.—in order to identify locations and sites that offer maximum long-term value potential.
- PPP structuring: Feedback has vast experience in structuring Public Private Partnerships across various sectors, either on behalf of Government bodies, or through bid advisory work for private sector clients.
- Alliances: Feedback structures alliances and partnerships for its clients across all infrastructure sectors.
| As part of its integrated offer, Feedback provides project management in this sector. Our services encompass all stages of project management—pre-construction, construction, and post-construction. |
|
Sectors 
