ES. How much did MEX grow in 2022-23 and what are your expectations for 2024?
Gaurav Juneja. In 2022, We grew over 25% as compared to Pre Covid Levels in terms of Show Size & Revenues & 15-20% in terms of Visitors growth at each show through strategic efforts. We always strive for more and keep looking for growth in the industries. In 2024, we expect to again break records.
ES. What is the MEX pledge to be more sustainable?
Gaurav Juneja. MEX Exhibitions Pvt Ltd is committed to promoting sustainability and addressing the rising concern for the environment. We have taken several initiatives to incorporate sustainable practices into our exhibitions.
MEX Exhibitions introduced a new segment for Sustainable Eco-Friendly solutions in their shows, including Gifts World Expo, Denim Show, Gartex Texprocess India, and LED Expo Thailand. This segment attracted significant attention, highlighting the industry’s need for sustainable solutions. Numerous sustainable products and solutions were showcased during these events, reinforcing the importance of environmentally friendly practices. In Denim Show, we create denim sculptures using left-over patchwork, showcasing the use of sustainable materials. In the Gifts World Expo, they showcase sustainable gifting and promotional solutions, emphasizing the importance of conscious consumer choices. In LED Expo Thailand, we showcase Sustainable & Smart Lighting solutions.
In 2022, during the Delhi edition of the Gifts World Expo, MEX Exhibitions Pvt Ltd took a significant step towards sustainability by wearing upcycled t-shirts made from plastic bottles during the set-up days.. MEX Exhibitions also set up a collection space for PET bottles at the event, which were later recycled by our Partner who used the the recycled yarn for creating garments for their sustainable brand. To reduce our carbon footprint, we replaced PVC flex with fabric and digital signage for promotional purposes, further demonstrating our commitment to sustainability. Additionally during the show we have switched on e-registrations for visitors on the spot through mobiles & tablets eliminating the need for printed forms. Also the show directory is a e-version available online with the printed directory being eliminated.
ES. Are you in the race for any acquisitions or expansions?
Gaurav Juneja. MEX Exhibitions Pvt Ltd is an Indian company that organizes world-class exhibitions and conferences in India, Thailand, Singapore, and Dubai. We have produced more than 100 market-leading trade exhibitions for various segments in addition to publishing various magazines and advertising trade fairs. In recent years, MEX Exhibitions has successfully introduced Gartex Texprocess India and Denim Show to the fashion capital Mumbai and Gifts World Expo has been held biannually in Delhi and Bengaluru. We are now expanding Gifts World Expo’s presence to Kolkata next year. So taking our existing shows regionally. Additionally, we are looking at launching three new shows in 2024.