New Delhi has potential to become global MICE destination: Lee Jae Yul, President & CEO, KINTEX

New Delhi, India – Lee Jae Yul, President and CEO of Korea International Exhibition Center (KINTEX) has said that India’s empirical economic growth can drive the MICE (Meetings, Incentives, Conferences, and Exhibitions) setor creating immense opportunities business and investment. He said, “To further capitalize of this momentum, we must further develop Yashobhomi into a premier venue by representing infrastructure, servies and global partnerships, and establish New Delhi as the global MICE Destination.”

While speaking at the 3rd New Delhi NCR MICE Forum at the Yashobhoomi Convention Center in New Delhi on Friday, Lee Jae Yul said that such discussions repost the power of collaboration and innovation. India’s empirical economic growth can drive the MICE ssetor creating immense opportunities business and investment.

KINTEX President and CEO highlighted the importance of such collaborations, stating that the forum provided a unique opportunity for industry leaders to engage in meaningful dialogue and establish new business opportunities between India and Korea. He emphasized that bringing together experts from both countries would strengthen the foundation for future exhibition collaborations and create a more business-friendly environment for the MICE sector.

Kinexin supported by KINTEX, a global leader in the exhibition industry, successfully organized the 3rd New Delhi NCR MICE Forum at the Yashobhoomi Convention Center. The event brought together key stakeholders from India and South Korea’s MICE sector to deliberate on the future of exhibitions, emerging trends, and strategies to enhance industry growth.

Moderated by Hyung Phil Chung, Secretary General of the New Delhi NCR MICE Forum and CEO of Kinexin, that manages YASHOBHHOMI IICC, the forum featured high-level industry discussions, keynote addresses, and a dynamic roundtable session. The event commenced with an introduction by Chung, followed by messages from the Kintex President and UFI Board Director, who highlighted the significance of India as a major market for the global exhibition industry.

Indian industry leaders also took center stage, with Sooraj Dhawan, President of the Indian Exhibition Industry Association (IEIA), Chander Mansharamani, Vice Chairman of the India Convention Promotion Bureau (ICPB), and Ravinder Sethi, Chairman and Managing Director of RE Rogers, sharing their perspectives on the growth potential and opportunities in India’s MICE landscape.

Hyung Phil Chung delivered a detailed presentation on the state of India’s MICE sector and its macroeconomic impact, emphasizing how exhibitions and business events play a crucial role in driving economic expansion, attracting foreign investment, and fostering industry innovation. His address set the tone for deeper discussions on strategies to strengthen India’s standing in the global exhibition industry.

Jay Yoon, Director, International Business Operations Department, KINTEX introduced the company’s global venue portfolio, outlining company’s expansion plans and the role of world-class infrastructure in shaping the future of exhibitions. Tommy Park of KINTEX followed with an in-depth look at the company’s exhibition portfolio, shedding light on flagship events and brand shows that continue to set industry benchmarks.

A key segment of the forum was a roundtable discussion, where participants exchanged ideas on the impact of AI and technological advancements in modernizing exhibitions. The conversation also explored the growing significance of hybrid events and how they are reshaping the industry, alongside the pressing need for infrastructure development to accommodate the increasing demands of international business events.

Experts also delved into the importance of sustainable and scalable business models that would help the MICE sector remain competitive on the global stage.

Beyond the discussions, the event served as a key networking platform, with global delegates engaging in knowledge exchange and forging new partnerships to propel the industry forward. As India continues to expand its role in the global exhibition landscape, forums like the New Delhi NCR MICE Forum will be instrumental in laying the groundwork for a more dynamic, technologically advanced, and globally competitive MICE sector in the years to come.