NürnbergMesse’s Indian Portfolio Grows to 16 Trade Fairs
March 19, 2019
NürnbergMesse’s international programme of trade fairs continues to gain momentum. Following the acquisition of the three market-leading fairs for the woodworking and furniture production industry in India in 2018 – INDIAWOOD, DELHIWOOD and MUMBAIWOOD – the company has now added another exhibition to its portfolio.
The India Mattresstech Expo is India’s dedicated trade fair for mattress and upholstery manufacturing.
“The India Mattresstech Expo covers an important sub-segment of the furniture industry and creates valuable synergies for our exhibitors and visitors,” said Peter Ottmann, CEO of NürnbergMesse Group. “It is therefore the ideal complement to our Indian woodworking events.”
For his fellow CEO Dr. Roland Fleck, the acquisition also represents another chapter in the success story of NürnbergMesse India: “The Indian economy is booming. With this latest member in our trade fair portfolio, NürnbergMesse India is yet again reinforcing its position as one of the leading exhibition organiser on the Indian subcontinent.”
The acquisition of the India Mattresstech Expo is an important step for NürnbergMesse, as the Indian furniture industry offers good prospects for the future. In 2015 the domestic furniture market was estimated at USD 18 billion, and by 2027 it is expected to reach USD 27 billion.
Progressive urbanisation, rising incomes and an increasing appreciation of high-quality bedding products are benefiting the mattress industry above all: the Indian business analytics company CRISIL forecasts an average annual growth rate for the segment of 10 percent for the period 2017 to 2021, with sales set to increase to around USD 2.08 billion.
Combined know-how paired with decades of trade fair expertise In South Asia, the India Mattresstech Expo is the platform for mattress and upholstery manufacturers, dealers and distributors.
Alongside machinery and equipment for the production of mattresses and upholstery, the trade fair also showcases bed systems. The India Mattresstech Expo took place for the first time in Chennai in 2013 and was previously owned by Unitech Exhibitions Pvt. Ltd., which has been organising national and international trade fairs and conferences since 2001.
Under the umbrella of NürnbergMesse India, the India Mattresstech Expo will celebrate its premiere from 27 February to 2 March parallel to INDIAWOOD 2020 in Bangalore.
“By adding the India Mattresstech Expo to the next round of INDIAWOOD we are pooling the entire expertise of the market in one place – and therefore are offering our customers genuine added value specifically for the wood processing and furniture production industry,” says Sonia Prashar, Managing Director of NürnbergMesse India. “The thematic proximity of the trade fairs, paired with a concept tailored to the local market, reinforces the position of our exhibitions and therefore offers us the best conditions for the future.”
The latest round of DELHIWOOD, which will take place for the first time under the umbrella of NürnbergMesse India from 13 to 16 March 2019, is breaking new records. It is bigger than ever, with more than 30,000 visitors and over 550 exhibitors from 35 countries gathering on some 42,000 square metres in the India Expo Centre and Mart in Greater Noida.
“The rapid success of NürnbergMesse India is also attributable overall to the expertise of the NürnbergMesse Group,” Prashar continues. In line with a holistic product family strategy, trade fairs that have been established in Nuremberg are adapted overseas to the economy of the particular country and local markets.
Alongside the product family of wood processing trade fairs newly created in 2018, the NürnbergMesse portfolio also includes the segments BIOFACH, Beviale, EUROGUSS, POWTECH, coatings, cybersecurity, automotive, refrigeration/AC, pets and GaLaBau.
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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