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The Hindu
3 days ago
- Business
- The Hindu
'India well poised to become global hub for production, export of professional audio, lighting, AV solutions'
India's fast growing urbanising population—expected to exceed 600 million by 2030—is reshaping demand for smart, immersive, and integrated audio visual (AV) solutions across sectors. As digital-first consumption deepens and user expectations evolve, the Coldplay convert organised in Ahmedabad in January at Narendra Modi Stadium and the recently held World Audio Visuals Entertainment Summit (WAVES) in Mumbai which was inaugurated by the Prime Minister has highlighted the importance of the gig economy powered by events and entertainment professionals. The entertainment and OTT boom, growth in premium real estate, and a rapidly evolving event and hospitality industry has created a base for the adoption of advanced audio, video, and lighting technologies in the country said industry executives and experts. Moreover, the infusion of artificial intelligence (AI) into AV workflows—powering automation, personalised content, and predictive maintenance—is transforming how experiences are delivered, they added. 'From a global perspective, India's growth in the professional AV and entertainment technology space over the last few years has been remarkable, often surpassing the momentum seen in more mature markets,' Jaime Albros, Senior VP, Global Sales, Harman International said while speaking at the industry event PALM AV-ICN Expo, organised by Informa Markets in India in Mumbai. His colleague Amar Subhash, Vice President & General Manager, Harman Professional Solutions, India & APAC, added 'India remains one of the fastest-growing and most strategic markets for Harman Professional.' 'Today, AV forms the backbone of key sectors—including hospitality, retail, education, transportation, and smart infrastructure—driving seamless communication, engagement, and operational efficiency,' he said. 'With strong government investments in digital infrastructure and AV-led transformation, the country is well-positioned as a global leader in this space,' he said. According to industry offices the Indian Pro AV market is projected to reach $17.3 billion by 2031 from $6.5 billion in 2025, growing at a CAGR of 12%. The LED segment estimated at $5 billion in 2024 is projected to reach $26.7 billion by 2033 at a CAGR of 19.35%, further highlights the rising demand across interconnected sectors, they added. Anil Chopra - Founding Director, PALM Expo, said 'There is immense growth potential of India's professional entertainment technology industry. We are at a transformative juncture where the integration of IT, AI, and broadband is revolutionizing product development across these domains.' He said India was strategically positioned to lead this evolution, not just through innovation but through large-scale manufacturing — a key focus of the government's industrial agenda. 'Recent reforms in the MSME sector, particularly the redefinition of size thresholds, have enabled numerous AV rental companies to access institutional funding under the CGTMSC scheme. This has significantly boosted investment in advanced equipment and infrastructure,' he said. 'While we remain reliant on imported components for now and exports are still at a nascent stage, the strength and scale of India's domestic demand are driving rapid expansion. India is well on its way to becoming a global hub for the manufacturing and export of professional audio, lighting, and AV solutions,' he emphasised. Yogesh Mudras, Managing Director, Informa Markets in India, the organisers of the show said 'India's professional audio, AV, and lighting industries are going through a transformative phase, driven by a growing demand for immersive experiences and the country's commitment to smart and sustainable infrastructure.' 'Strategic programs like the Smart Cities Mission, Production Linked Incentive (PLI) scheme, and various urban renewal initiatives are propelling the adoption of advanced lighting and integration technologies across sectors,' he said. 'As India moves towards becoming a $5 trillion economy, the rising urban population and expanding entertainment, hospitality, and live event ecosystems present immense opportunities for growth,' he added. Harshal Kothari, VP West, Event and Entertainment Management Association (EEMA) India said 'With AV becoming an essential part of sectors like education, hospitality, retail, and infrastructure, the need for skilled professionals and unified industry representation is more important than ever.' With increasing demand from Gen Z and millennials aged 25–35, the demand for immersive AV experiences—from LED walls and curved screens to high-end sound systems —has grown exponentially, even for private events.
Hans India
10-05-2025
- Business
- Hans India
Jewellery & Gem Fair takes off in Hyd
Hyderabad: The 17th edition of Hyderabad Jewellery Pearl & Gem Fair (HJF 2025), organized by Informa Markets in India, commenced here at Hall 4, Hitex on Friday. The event lived up to its legacy of being South India's most influential B2B jewellery trade platform, bringing together thousands of jewellers, designers, manufacturers, and retailers from across the country and abroad, with a strategic focus on wedding and festive season buying ahead of Diwali. The inaugural ceremony was graced by eminent dignitaries including Karthik Reddy, National Media Panelist, Bharat Rashtra Samithi (BRS), Varghese Alukka, Managing Director, Jos Alukka's. Among other dignitaries were Avinash Gupta, Vice Chairman, GJC; Mahendra Tayal, President, HJMA; Mukesh Agarwal, Vice President, HJMA; Dr Chetan Kumar Mehta, President, JAB; Kailash Charan, President, Twin Cities Jewellers Association, Jagdish Pershad Varma, President, Telangana Bullion, Gem &Jewellery Federation; Parasmal Ranka, President, Telangana Pawn Broker Jewellers Association; Ashok Shermal Jain, President, Pot Market Jewellers Association; Sumesh Wadhera, Managing Director, AOJ; Rajendra Jain, Managing Director, SVAR; Yogesh Mudras, Managing Director, Informa Markets in India; Pallavi Mehra, Senior Group Director, Informa Markets India in India; and, Pankaj Shende, Group Director, Informa Markets in India. Supported by industry associations like the Hi-Tech City Jewellery Manufacturers Association (HJMA), Telangana Bullion Gems &Jewellers Federation (TBJA), for Telangana Pawn Brokers & Jewellers Association, and Pot Market Jewellers Association, the fair plays a pivotal role in driving growth for the southern jewellery market and is a crucial sourcing platform for the wedding and festive season, with buyers from Telangana, Andhra Pradesh, Tamil Nadu, Kerala, and Maharashtra forming the core audience.
Hans India
10-05-2025
- Business
- Hans India
3-day pearl and gem fair begins
Hyderabad: The 17th edition of the Hyderabad Jewellery Pearl & Gem Fair (HJF 2025), organised by Informa Markets in India, commenced on Friday at Hall 4, HITEX. The event brings together thousands of jewellers, designers, manufacturers, and retailers from across the country and abroad, with a strategic focus on wedding and festive season buying ahead of Diwali. Over 8,000 trade visitors from across India and overseas are set to participate in the three-day event, which will include jewellery conferences, an awards ceremony, events such as 'Power of Young', 'Legends of South', 'Jewellery Purchase Managers Connect', 'Coffee with Dr Chetan', and business matchmaking. With curated showcases from leading names and emerging talent alike, the exhibition is featuring innovative designs and new brand launches aligned with the latest global trends.
Hans India
25-04-2025
- Business
- Hans India
3-day Hyd Gem and jewellery fair from May 9
Hyderabad: The 17th edition of Hyderabad Jewellery Pearl & Gem Fair (HJF) is scheduled to be held from May 9 – 11, 2025, at Hall-4 Hitex, in the city. Hosted by Informa Markets in India, the B2B event is likely to witness footfall of 8,000 trade visitors who will engage with 220 exhibitors for potential business opportunity. During the three-day event, a lineup of the latest jewellery trends, brand collections, and cutting-edge designs will be unveiled. About 450 stalls will display gold, diamond, silver, pearl, and gemstone jewellery, alongside technology providers, precious metal suppliers and jewellery machinery manufacturers. The displayed jewellery will be from leading brands and manufacturers representing cities like Hyderabad, Mumbai, Jaipur, Kerala, Bangalore, Coimbatore, and Chennai. 'India accounts for nearly 29 per cent of global jewellery consumption, and with exports crossing $37 billion in FY24, the country has firmly positioned itself as a global hub for jewellery manufacturing and design. As consumer preferences shift toward personalisation, sustainability, and digitally enabled experiences, platforms like HJF play a pivotal role in helping the industry adapt and thrive,' Yogesh Mudras, Managing Director, Informa Markets in India, said. The three-day event will also feature knowledge-sharing sessions, panel discussions, and a jewellery fashion show.
