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Key Points

India's MICE industry is emerging as a significant economic powerhouse with remarkable growth projections. The government, led by Tourism Minister Gajendra Singh Shekhawat, is strategically positioning the country as a global events destination. Infrastructure developments and Prime Minister Modi's vision are key drivers of this transformation. The sector is expected to generate high-quality jobs and contribute substantially to India's economic landscape.

Key Points: Gajendra Shekhawat Reveals India's MICE Industry Growth Vision

  • India's MICE market projected to reach $103,686.5 million by 2030
  • Infrastructure developments supporting tourism growth
  • Modi's vision driving global event ecosystem
2 min read

India's MICE industry to become key economic driver, create high-quality jobs: Minister

Tourism Minister highlights India's massive MICE market potential, projecting $103B industry by 2030 with global destination ambitions

"We aim to elevate at least 10 Indian cities into the world's top MICE destinations - Gajendra Singh Shekhawat"

New Delhi, May 5

India's meetings, incentives, conferences and exhibitions (MICE) Industry is set to be a major economic driver, generating high-quality jobs, the government said on Monday.

Speaking at an event in Jaipur, Union Tourism Minister Gajendra Singh Shekhawat said the MICE industry is rapidly emerging as a global powerhouse, fuelled by robust economic growth, world-class infrastructure, and strong government backing.

"States are unlocking tourism opportunities in their own unique ways -- and now, it's time for India to position itself firmly on the global MICE map," the minister told the gathering.

With iconic venues like Bharat Mandapam, Yashobhoomi and Jio World Centre, and with special focus on MICE, "we aim to elevate at least 10 Indian cities into the world's top MICE destinations," the minister added.

Guided by Prime Minister Narendra Modi's visionary leadership, and with states like Rajasthan leading through legacy and innovation, India is poised to become the world's most admired tourism and events destination.

The India MICE market generated a revenue of $49,402.6 million in 2024 and is expected to reach $103,686.5 million by 2030, while registering a growth of 13 per cent.

This growth is fuelled by the recent developments in MICE-ready destinations coming up in cities like Varanasi, Khajuraho and Kochi, etc.

Over the last decade, India has shown a tremendous growth curve in infrastructure with be it the construction of roads over 1,50,000 km, new railway stations, semi high-speed trains, inland waterways, more than 150 operational airports and over 2.48 million hotel rooms.

Further, India's hosting of G20 nations has reinforced India's growing venue network and regional tourism potential.

According to Suman Bery, Vice Chairperson, NITI Aayog, the vision laid by PM Modi during India's G20 presidency has opened new pathways.

"It is now up to states to build on this momentum. From deregulation to concert tourism, India has the opportunity to become a global hub for events and experiences," Bery emphasised.

Dr Jyotsna Suri, Past President of FICCI, highlighted that India is no longer just a leisure destination and "we are now ready to take on the world as a leading MICE destination".

- IANS

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Reader Comments

R
Rajesh K.
This is fantastic news! India has so much potential in MICE tourism with our rich cultural heritage and modern infrastructure. The Bharat Mandapam is truly world-class. Hope they focus on tier-2 cities too - places like Udaipur and Mysuru have amazing palace venues! 🇮🇳
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Priya M.
While the vision is good, we need to ensure local communities benefit. Many five-star hotels import food and materials - we should make 'Make in India' mandatory for MICE events too. Also, traffic management around convention centers needs improvement.
A
Arjun S.
The G20 was just the beginning! Our hospitality sector is ready to shine ✨. But we must train more professionals - from event managers to chefs. Maybe skill development programs can be tied to this initiative? The job creation potential is massive.
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Sneha V.
Excited but concerned about sustainability. Large conferences generate so much waste. Hope the government mandates green practices - reusable decor, digital materials, etc. India could lead in eco-friendly MICE tourism if planned right.
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Vikram J.
The numbers look impressive but implementation is key. We need better last-mile connectivity to venues, simpler visa processes for delegates, and consistent quality across cities. Still, a great step towards becoming Vishwaguru in tourism!
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Neha P.
As someone in the event industry, this is music to my ears! 🎶 But please don't forget about smaller players - the local decorators, caterers, and technicians who form the backbone. Policies should help them upgrade skills and compete fairly.

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