More Than 7,500 Attendees Expected at MEDICAL FAIR INDIA
December 27, 2013
After its most successful staging ever in 2013, there is a positive outlook for the 20th MEDICAL FAIR INDIA – India’s No. 1 Trade Fair for Hospitals, Health Centers and Clinics, to be held March 14-16 at the Bombay Convention & Exhibition Centre.
The organizers Messe Düsseldorf and its subsidiary Messe Düsseldorf India Pvt. Ltd. expect some 400 exhibitors from 21 countries and more than 7,500 trade visitors to attend.
The trade fair has the support of important local partners and associations, including three renowned Indian associations: the Association of Diagnostic Manufacturers of India (ADMI), the Medical Surgical and Healthcare Industry Trade Association (MSAHITA) and the Association of Medical Consultants (AMC).
Two factors are responsible for the growing success of MEDICAL FAIR INDIA: The close cooperation with MEDICA (the world’s largest medical trade fair held annually in Düsseldorf, Germany) and the fact that the Indian health care sector is one of the fastest-growing service sectors, according to show organizers.
The sector already contributes 6 percent to the Gross National Product, according to the Indo-German Chamber of Commerce.
Studies show that the Indian health care market will grow to US$ 100 million by 2015 and the growth rate is expected to amount to 20% annually.
MEDICAL FAIR INDIA is held every year alternately in Mumbai or New Delhi, presenting the latest developments for the medical sector, ranging from medical, diagnostics and laboratory equipment to pathology and physiotherapy technology as well as hospital/clinic furnishings and communication/information technology.
A special feature at MEDICAL FAIR INDIA 2014 will be the U.S. Pavilion, organized for the second time by Messe Düsseldorf North America.
This U.S. Pavilion provides a cost-effective means for companies to enter into or to expand their business in the lucrative Indian marketplace, according to show organizers.
The all-inclusive turnkey package includes a fully furnished booth, access to the pavilion’s exhibitor lounge area with daily snack and beverage service and the on-site services of a project manager.
In addition to its continuing rise in exhibition space, exhibitor and visitor numbers, MEDICAL FAIR INDIA has also succeeded in further expanding its well-established position as the most important international medical event for the Indian market over the past few years.
To honor this achievement, the trade fair received the Health Care Award 2013 from MEDGATE TODAY, India’s largest medical and health magazine. MEDICAL FAIR INDIA was the first medical trade fair to receive this award.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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