By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
Reading: Government push fuels enthusiasm for MICE tourism in Northeast region, say industry players – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > Government push fuels enthusiasm for MICE tourism in Northeast region, say industry players – World News Network
Business

Government push fuels enthusiasm for MICE tourism in Northeast region, say industry players – World News Network

worldnewsnetwork
Last updated: October 13, 2024 12:00 am
worldnewsnetwork
Share
6 Min Read
SHARE

New Delhi [India], October 13 (ANI): As the Centre is working to bolster infrastructure development across the country, the MICE industry has observed growing demand from the corporate sector to host their MICE activities in the Northeast region.
MICE tourism, an acronym for Meetings, Incentives, Conferences, and Exhibitions, refers to a type of business travel that brings together large groups for specific purposes.
According to industry players, corporates are increasingly choosing the Northeast destinations for their MICE activities, with a noticeable surge in such events. The primary reason for this enhanced interest is the region’s unique and largely unexplored natural ecosystem, they say.
“One tourism segment that is growing and will only get stronger in the Northeast. I’ve been organising many more events there post-COVID, which I rarely did before. A lot of people are now interested in exploring new luxury destinations, driven in part by the Prime Minister’s push to the region,” said Abhishek Gupta, Co-Founder and Director of Trip Navigator.
Gupta cites the desire to explore forests, wildlife, and similar experiences akin to what African countries like Tanzania offer as reasons behind the growing interest in the Northeast for MICE activities. For Indian corporates, the region presents an exciting opportunity to experience nature without the need for extensive travel abroad.
This shift follows the Ministry of Tourism’s emphasis on promoting the Northeast region through tourism development initiatives. The ministry has been attracting both domestic and international tourists to the region by providing financial assistance through various schemes, such as Swadesh Darshan.
To further bolster MICE tourism in the region, the Ministry has undertaken initiatives to develop key spots to attract corporate tourists. One such effort includes financial assistance for constructing a Convention Centre in Aizawl, aimed at encouraging MICE tourism in the Northeast.
While traditional popular destinations like Delhi, Goa, Mumbai, and Hyderabad continue to dominate the MICE sector, industry players highlight the urgent need to develop infrastructure and create globally renowned spots to attract international visitors to India.
“The North East region, in particular, is emerging as a significant player in this growth trajectory. The North East’s attractiveness for MICE events is bolstered by the entry of major domestic and international hotel chains, showcasing the region’s potential. Notable events such as the Hornbill Festival, Bihu celebrations, and the hosting of high-profile events like the G-20 Summit have highlighted its unique cultural heritage and natural beauty,” Pardeep Siwach, Dy. General Manager- Accommodation, Mayfair Spring Valley Resort, Guwahati stated.
A 2019 MICE study, sponsored by the Ministry of Tourism, revealed that India holds less than 1 per cent of the global MICE market, despite its natural and cultural advantages and status as one of the world’s fastest-growing economies. In 2019, the global MICE industry was valued at around USD 900 billion.
According to the study, the Indian MICE industry is estimated at Rs. 37,576 crore, with 60 per cent of this attributable to meetings, incentives, and conferences. India was ranked 28th in the 2019 ICCA rankings with 158 meetings, reflecting a low recall value for Indian MICE events in global markets.
Only seven Indian cities feature in the top 475 cities worldwide for international association meetings, according to the ICCA rankings.
The exhibition industry in India has been growing at a rate of over 8 per cent annually, outpacing the country’s GDP growth. The trade fair sector has an estimated economic impact of Rs 23,800 crore through the organised sector, generating Rs. 3 lakh crore worth of business through exhibitions hosted in India.
Currently, India has 25 purpose-built venues for hosting exhibitions, with a combined indoor capacity of 437,000 square meters.
Both the central and state governments are taking steps to capitalise on the flourishing MICE tourism sector. The centrally-backed Bharat Mandapam at Pragati Maidan and Yashobhoomi Convention Centre are prime examples of the government’s efforts to support this industry.

Additionally, state governments like Rajasthan and Gujarat have also approved projects aimed at incentivising MICE business within their states.
According to industry experts, India needs to focus on developing unique innovations and cultural landmarks to distinguish itself on the global stage. By doing so, the country can enhance its visibility and recognition for its distinct contributions, further promoting the MICE business. (ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

If FPIs outflows remain constant, India’s BoP will be neutral for FY25: Report – World News Network

FIIs accounted for 88% of private equity investments in Indian real estate sector in 2024: Savills report – World News Network

India’s increasing oil demand attracting global players: S&P Global Commodity Insights – World News Network

136 Vande Bharat trains serving aspirational Indians with modern comfortable rail travel – World News Network

CII urges Finance Ministry for measures to boost consumption in Union Budget 2025 – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Congress worked hard in Haryana polls, have complained to poll panel about “discrepancies” on 20 seats: UP Congress chief Ajay Rai – World News Network
Next Article President’s rule revoked in J-K, Omar Abdullah set to lead new government – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

- Advertisement -

Latest News

BGT1 2024-25: Bumrah overtakes Kapil Dev to reach stunning milestone on Australian soil – World News Network
Sports December 29, 2024
Jazirah Aviation Club light plane crashes, killing two – World News Network
World December 29, 2024
Jordan condemns incursions into Al Aqsa Mosque, holds Israel responsible – World News Network
World December 29, 2024
UAE expresses solidarity with Korea, conveys condolences over plane crash victims – World News Network
World December 29, 2024

Sports

Australia suffer blow at BGT as Josh Inglis sustains calf injury ahead of Sydney Test against India – World News Network
Sports
“Been watching Virat Kohli since childhood….”: Nitish Kumar Reddy on playing with his idol – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

“It won’t be the end” Peaky Blinders creator Steven Knight likely to continue franchise after spin-off film – World News Network
Entertainment
“Mera beta”: Kareena flaunts motherly love as she shares pic of Taimur from his skiing session – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?