Event Management Project
Event Management Project
Event Management Project
Index
Chapter 1 - introduction Chapter 2 -Entertainment Industry A Profile Chapter 3 - A look at the basics Chapter 4 - Technical aspects in Event Management. Chapter 5 - Practical viewpoint Chapter 6 - MAJOR PLAYER IN THE INDUSTRY Chapter 7 - conclusion
EVENT MANAGEMENT
Chapter 1: Introduction
1.1 Objectives:
To study the technical aspect and logistics during planning of an event. To study the major players in the industry.
1.2 Methodology:
The method in which the data was collected is as follows: The basic theory about the fundamentals was sourced from various event management notes provided by college faculty. The Internet proved to be of good assistance for studying the essentials for successful firms and also for various statistics.
1.3 Limitations:
Event management offers many avenues and it was not possible to cover all of them.
There was an inability to collect detailed data in terms of one toone meeting with people concerned with live entertainment industry. However a little bit could be done.
EVENT MANAGEMENT
That which entertains, or with which one is entertained; as: (a) Hospitality; hospitable provision for the wants of a guest; especially, provision for the table; a hospitable repast; a feast; a formal or elegant meal. (b) That which engages the attention agreeably, amuses or diverts, whether in private, as by conversation, etc., or in public, by performances of some kind; amusement.
An Event is a live multimedia package carried out with a preconceived concept, customized or modified to achieve the clients objectives of reaching out and suitably influencing the sharply defined, specially gathered target audience by providing a complete experience and an
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law and licenses, risk managements, budgeting, study of allied like television and other Medias and several other areas.
Chapters #3
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Rural India comprises of over 5, 75,000 villages and the TV penetration here barely crosses 5% and the Internet effect is infinitesimally small. Therefore, to obtain reach for their communication campaigns, various corporate have resorted to events as a strategic alternative. Having made a humble beginning events have now come a long way in terms of classification and specialization that are possible in this field. In fact, in this new millennium, events as a medium will be catering to all demographic segments of the population. Events have proved to be a versatile marketing communications tool since they can be easily customized to cater to the communication needs of the industry; be it pharmaceutical, financial services or any other. To add to the benefits that a communication, viz. advertising, sales promotion and public relations. An event can also act as a focus for specific campaigns and help in giving a guideline to media-related decision- making such as when to change, stop or introduce new campaigns.
EVENT MANAGEMENT
accounting for Rs.0.9 billion and international events accounting for Rs.0.6 billion. The typical revenue profiles for a domestic and international event is as under
Corporate Image:
To support, build or change a desired company or Brand image. Shape or reinforce the publics perception of a company or brands attributes.
Media Coverage:
Guaranteed and potential publicity, helps in projecting right corporate imaging of the company, helps media get a touch feel experience of the brand and its products.
EVENT MANAGEMENT
Access to Internet:
Use the association on the Internet or create an internet site.
Product Showcase:
Its a good opportunity to showcase existing products and test new products.
Differentiation:
Help create perception about product. It also helps in differentiating product from that of competitors.
EVENT MANAGEMENT
Merchandise opportunities:
It provides opportunity for on the spot audience gratification.
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Pre production work also includes the completion of following tasks: Designing and Creation of Set Designing of signages, props, etc Creation of the packaging, which could include creating preproduction computer graphics, animation, television show packaging, background music scores, music for the show, composing of thematic music for entries and presentation, etc. Scripting, designing and allocating the technical production elements.
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4. Technical Production Team Lighting Design Acoustic Engineering Audio Visual Team SFX team On ground management.
EVENT MANAGEMENT
schedules. The first thing that effects good production is drawing a detailed inference and interpretation out of the creative brief, i.e. making a list of requirements that would go into the event. Starting from the elementariness that make an event like sets, support systems, lighting, audio visuals, staging, backstage and artists, performers, etc. Later they need to workout a detailed flow which includes aspects that would make the audience comfortable in the time they intend to spend at our event. This includes aspects of cleanliness, comfortable seating, refreshments and sanitation, etc once the requirements are listed out the production team needs to draw a detailed time lines of the event along with job list of who would be responsible for the execution along with a deadline by which the job would be completed. The master sheet should also include contact numbers of the people involved. This sheet should be used as reference point through out the pre event leading up to the event. A similar entrance and exit sheet should also be drawn for the show date. There should be a minute-by-minute schedule detailing about the timing that would go into putting up the infrastructure and also the ingress of staffing, artists, etc who will be a part of the show. A separate cue sheet detailing the flow of the show/event listing the timings of acts, speeches, presentations detailed to include cues for backstage, lighting, P.A. Operator, audio visual team, etc should also be listed as part of the sheet. A separate sheet showing detailed report of work carried out during the day and progress on daily basis should be submitted to the senior production or technical manager.
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during the act (LIVE/RECORDED) the same has to be included in the cue sheet for the sound reinforcement team. Special cues for audio visual team to play any audio visuals as part of the act have to be also included in the same brief. Cues for backstage hands, SFX and other allied departments like FOH, etc have to be also informed accordingly.
applications of technical gear, how does one distinguish gear and/or equipment for the right equipment for the right event? Selecting technicians is done as per show and budgetary requirements of the client. Having a through knowledge of the show requirements and look and feel that is required for the show, the design of the set, the
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seating plan of the audience and the format of the show (whether it is for television, or a closed audience or indoor or outdoor)
Lighting:
Architectural Lighting Theater Lighting Special Effect Lighting
Venue construction:
On Ground Venue Arrangement Drinking water Canteen during Set up days Barricading Toilets Green Rooms
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Meter Room Cabling General Lighting Gates Parking Arrangements Venue cleaning & maintenance
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Coordinator. As early as possible, outline the responsibilities of each member-their tasks, deadlines, reliance on other members for support and any interdependency of tasks. The following steps are a useful guide for the Event Planning Stage.
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Drawing up a cash flow budget is also advised, which estimates when money is to be received and when it is to be paid out. Plan for income i.e. payments to be received in order to pay for accounts. As a safety measure, nominate a cut-off date, when a final decision is made to proceed with the eve or not. If income is not going to be sufficient to cover expenses, it is advisable to cancel the event.
5.9 Sponsorship:
An excellent way of obtaining resources or help for planning an event are not only in-kind arrangements possible (prizes for a raffle), sponsors can also offer cash, discounted leasing of Premises (room hire discount) and
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networks and contacts to use. Examples of these include: Having a radio station or relevant magazine as a sponsor; Distributing press releases to obtain publicity promoting the event; Involving universities, which may set creation of advertising material for the event as A course assignment; Sponsorship from a printing company who would then be featured on the promotional material (sponsors should be featured on all promotional material); and featuring the event in all free classified sections like whats on, Community Notice boards, listings in club and school newspapers and special interest magazines, Interviews with the event coordinators etc.
EVENT MANAGEMENT
members responsibilities. Its good to have backup plans in case of changes (a replacement MC if yours is sick or unable to show paramedics on stand by in case of an accident). A script sheet for the day distributed to all involved is an excellent guide for a smooth event. It also provides context for an individuals tasks.
Information on this schedule should include: person, Task, timing, those involved, location and contact information to reach the relevant people. All activities, no matter how small, should be included in the script (greetings at the door, set Microphone up and test thank MC, present gifts).
Throughout the planning and event delivery stages, it is important to keep records of all activities, Promotional media coverage, transactions and sponsorship agreements. This is for financial, legal and event
evaluation purposes. All material should be kept in a central file which can then be accessed by new staff for learning and guidance for future events. After the completion of event, a number of wrap up tasks still need to be done. These include: Obtain feedback from participants; Thank and recognize all involved in the event including volunteers, sponsors, Media and participants; Hold a debriefing session; End out event reports to all sponsors and key organizations; arid Ensure records are kept in a central place for running the event in the future.
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The information related to number of guests expected, will help him in providing sufficient first aid facilities with sufficient number of stalls for food and beverages, proper wastage system, proper sitting facilities with right kind of hospitality.
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As per existing regulations the event manager is liable to deduct 30.6% tax from the remuneration paid to an international artist. In most cases artist will always refuse to take this burden on themselves and expect the event management to bare the tax. As a result of this most events become a non- starter from the beginning itself.
2.
There are several clearances required for an event especially if it is an international event. At the local level, an average of about 22 clearances are required for staging an event and for an international event; numerous clearances are required to be taken from various agencies.
3.
Lack of Infrastructure:
There is lack of infrastructure in India for staging live events here. Globally events are held in arenas. There is a lack of adequate exhibition infrastructure in India for staging of events. Events are still held in open grounds, sports stadiums and university auditoriums, which are not meant for this purpose.
4.
Lack of Corporatization:
The event management industry still comprises of many non corporate entities. In order for the industry to grow, industry players need to expand their operations, invest in hi-tech infrastructure for which they need institutional finance and external equity investments.
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5.
Unlike in the US, the Indian event management industry does not have a forum or a self-regulatory body.
6.
Entertainment tax:
The entertainment tax in India is much higher as compared to any other Asian country. Besides, the level and nature of taxation also differs from state to state.
7.
Income tax:
8.
Duties on imports:
The duty on the imports of equipment pertaining to certain events is still charged at normal rates, there is no special subsidy or waiver for the import of world class equipment to support events in India.
9.
Service Tax
The fledgling industry which needs to be nurtured by the Government has been taxed under the service tax net (10.2 %) that has been levied as per the finance bill of 2004. This will have a detrimental effect on the industry. Even if the industry passes on the tax to the clients, from the view point of client this would only cease clients from spending on events.
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1.
decentralization would help in speeding up the process. The government needs to understand that they stand to gain substantial revenues if they make it simpler for event managers. The Government can streamline the approval process by instituting a single-window clearance procedure for international events.
2.
Development of Infrastructure
There is dearly a need to build exhibition infrastructure specifically for events, the way it exists in different countries.
3.
Corporatisation:
For this to happen, the industry needs to restructure itself into corporate
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entities implement sound trade and accounting practices and implement corporate governance as a code of conduct. Establishment of dear and transparent accounting policies would enhance the reputation of these companies, which will facilitate them to get institutional finance.
4.
Establishment of an industry forum or association will assist the industry players in tackling their problems collectively and taking growth-enabling measures. The forum will help in negotiating with suppliers of facilities.
5.
The Government should trim down and standardize entertainment tax across the country; this will help in expansion of event industry nationally even in rural areas. The service tax for events held should be subsidized because cost of events is very high and 10.2% Service tax on costs is a big amount. This tax should be reduced so as to help the industry grow. Due to these high taxes many theaters, etc have been closing down. This poses a threat to the India entertainment and event industry.
6.
Income Tax:
If India has to become a popular destination for international artists, the income tax regulations should be made as unequivocal and artist-friendly as possible.
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7. Duties on Imports:
Relaxation in duties on imports of sophisticated lighting and special effects equipment would assist the event management companies in getting access to better quality infrastructure which, in turn, would result in better quality events and more revenues. The government should bring in some favorable policies that will support the events conducted here.
8.
Service Tax
The fledgling industry which needs to be nurtured by the Government has been taxed under the service tax net (10.2 %) that has been levied as per the finance bill of 2004. This will have a detrimental effect on the industry. Even if the industry passes on the tax to the clients, from the view point of client this would only cease clients from spending on events.
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CASE STUDY
Why 70?:
Because they listen. Because of our excellent track record. Because they're creative, experienced and accountable. Because SEVENTY is the ultimate single point contact for the delivery of focused, unique, highly effective, cost efficient Entertainment and BTL solutions for your brand.
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Sales Promotions Brand Celebrity Endorsements Private Parties, Functions & Wedding Planning Artist & Event Promotion Marketing Private Parties Weddings
Capabilities:
As one of Indias foremost integrated event and BTL marketing companies, SEVENTY provides WORLD CLASS solutions to your brand requirements. Our approach integrates all aspects of the marketing mix to give you the creative advantage you need.
EVENT DESIGN
Event Conceptualization Event Creative & Art Direction Script Writing & Running Orders Stage, Set & Exhibition Design and Execution 3D MAX Sets & website Design Graphic Design
EVENT LOGISTICS
Backstage, Stage, Floor Management Print Production International & Indian Entertainment Performers Sourcing
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Legal, TBL & Technical Arrangements & Negotiation Security Planning and Execution Event Personnel Recruitment Technical Personnel Recruitment Transport, Boarding & Lodging [TBL] Planning Reservations International & Domestic Freight Management
TECHNICAL
Online web & Video Edit & Recording Light, FX, Sound and AV Projection Design & Execution Special Effects Laser, Pyro-Techniques, Hydraulics, Pan Projection
GROUND ACTIVATION
Promotion Management Product Road show Design & Execution Flyer / Sales Incentive Design & Distribution Sampling RDBMS & Contact Service for Promotions Venue, Vendor and Talent Database Institutional Tie-ups [Schools, Colleges, Clubs, Restaurants, Popular Hangouts, Night-clubs]
EVENT MANAGEMENT
Sponsorship contract design & management Online, offline pre-event media, BTL & database marketing Ticket & event entry distribution management.
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Post Shaadi / Party - Venue Clean up, Set break down, Supplier Payments, Return Gifts, Thank you cards.
LEGAL
Government Licensing & Permissions Insurance Management [Cancellation/ 3rd party] Seventys track record of retaining clients over the long term is legendary within the event business. They manage because they pride us on matching our energy with our passion to create, captivate and entertain. AMERICAN EXPRESS BANK AXN BATES INDIA BENSON & HEDGES THE BRITISH COUNCIL COCA-COLA INDIA ENERGIZER BATTERIES EXIDE FORD INDIA LTD., G M PENS (REYNOLDS) HEINZ INDIA LTD., HINDUSTAN LEVER LTD., INDO AMERICAN CHAMBER OF COMMERCE INTEL ITC ITC THEYLCOMGROUP HOTELS
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JOHN PLAYERS JWT K P SANGHVI GROUP LIVING MEDIA GROUP (93.5 RED FM) LOTHEY LINTAS MATTEL TOYS SATYAM INFO SHAW WALLACE SONY ENTERTAINMENT TV (SET MAX) STANDARD CHARTERED BANK TURNER INTERNATIONAL VIJAY DIMON GROUP WILLS LIFESTYLE 555
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(B)
K.P.SANGHVI WEDDING
12 events across 3 days. 2,500 guests from across the world. 300 cars. 4 chartered flights. 15 palace hotels. Custom Hospitality arrangements in-flight and at hotels. Entertainment including Daler Mehndi, Falguni Pathak, a tailor made percussion shows Drums of India, traditional dancers and an International Sound and Light show at 4 Palaces.
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The theme of the show explored the 4 Elements of nature, using the glamour, talent and charisma of Shahrukh Khan, Raveena, Juhi Chawla and Pooja Batra & Lisa Ray as MC. Popular playback singers Jaspinder Narula, Sukhwinder Singh and Sneha Pant performed live with a host of supporting artistes. Equipped with a multi-level 60' x 40' stage, 6 AV screens and an 8-foot hydraulic scissor lift in the center of the stage, each of the 4 sets uniquely reflected the Elements of Nature theme. A huge success, a 35,000 strong crowd was enthralled throughout.
(B) (Feb 10, Chennai & Feb 24, Mumbai, Toon cricket)
SEVENTY executed Toon Cricket 2002 from conceptualization, talent sourcing, Choreography, technical planning and show direction to the event production, stage construction, branding, stage & back-stage management, security, barricading & crowd control and sponsor village. Extensive pre-event promotions they have conducted in both cities to augment awareness & distribute 2,00,000 leaflets & 10,000 posters through comprehensive school & club contact programs, popular hangout tie-ups, ticket redemption outlets and a Toon Mobile road-show. Turnout for Toon Cricket 2002 in Chennai was over 20,000, and in Mumbai over 40,000 spectators.
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They pioneered Event Management in India, established it as an industry, and created new trails in brand communication.
Wizcraft was instrumental in the inclusion of event budgets in corporate advertising and marketing communications plans in India.
They introduced international experience and world-class laser and lighting technology in India. Today, their client portfolio represents whose who of corporate India.
Services
include
conceptualization, strategy development, designing, decor, technical infrastructure, and planning, execution and lateral integration for execution for optimum performance arid efficiency.
At Wizcraft, Event Management is a structured, collaborative exercise designed to yield results for their clients.
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Their Specialty activities include: Corporate Events Special Events Television Artist Events Management Lighting & Lasers
1. Brand/ Corporate launches and promotions 2. Dealer! Trade meets 3. Customer! Dealer interaction programs 4. Brand extension exercises 5. Annual Celebrations 6. Seminars 7. Staff Programs 8. Exhibitions 9. AGMs 10.Conferences
Special Events
1. Concerts 2. Entertainment extravaganzas
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3. Awards functions 4. High profile events and parties 5. Weddings 6. Nightclubs 7. Entertainment and Leisure complexes
Television events
1. Award nights 2. Film fare awards 3. Zee Cine awards 4. Channel V Music awards 5. MTV VJ hunt 6. Femina miss India pageant 7. Coca-cola
High technology entertainment infrastructure equipped to produce light and sound extravaganzas at par with the best in the world.
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State of art lasers Computerized intelligent lighting Split image video technology Pyro techniques Ariel fire works Special effects
But, the real metamorphosis into a full-fledged, professional event management company coincided with liberalization in 1992. The timing couldnt have been better. Multinational brands and television channels had just come in. And with them the need for slickly produced brand
launches, corporate conferences, exhibitions, fashion parades, concerts and live shows.
EVENT MANAGEMENT
Indias premier event management company, it was necessary that they stay at the forefront of the latest trends and technological advancements in the industry. Happily, Showbiz met these challenges through innovation and by developing the required expertise. Around the same time, Rehmatalis son Sameer joined the business . Dynamic and enterprising, he was responsible for setting up dedicated calls to cater to the diverse and specialized needs of the Showbiz clientele.
As a result, in the course of the last 20 years, their involvement with the events industry has come to include an integrated range of services including: Handling all stage and set requirements, starting with sketches to construction to assembling and dismantling taking care of all equipment rental needs be it an indoor conference or a mega outdoor show Bringing creative services such as conceptualizing, copywriting and designing of sets, stages, print material and graphics Providing a range of innovative and exciting entertainment possibilities to match event image and design Offering alluring exhibition sets, using the talents of architects and interior designers who specialize in exhibitions and trade fair designs Creating stunning environments at the point-of-purchase achieving thematic consistency in corporate event communication, through audio-visual scripting, direction and production.
Showbiz Stage Management Pvt Ltd., is also a member of PLASA (Professional Lighting and Sound Association, U.K.) - an
EVENT MANAGEMENT
Today, Showbiz comprises a team of 65 professionals and 150 artisans. With an impressive list of blue-chip clients such as Coca-Cola, Ford IBM, Intel, Mercedes-Benz, Oracle, Philips, Star TV & UniLever to name a few. And full service offices in Mumbai, Bangalore, Delhi and Chennai.
To meet the requirements of international clients Showbiz Worldwide was set up with associates in Dubai, South Africa, Singapore and San Francisco. Showbiz Worldwide functions as a one point contact for production, equipment and show management services across the Indian sub-continent, the Middle East, Asia, Australia and Africa.
Services:
Stage & Set Fabrication At the heart of Shobizs stage management expertise its fabrication skills their capabilities range from creating mammoth sets for outdoor spectaculars to compact ones for indoor events.
They work with a de range of materials like wood, plastic, thermo Cole, acrylic, fabric, metal and composites. The works! Anything to create that larger than life moment. Equally, they pay attention to the use of materials and designs that allow better functionality. The result: light weight, knock-down able sets, which are easy to transport across the country.
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Not to forget, their full-fledged workshops, staffed with technically skilled personnel, karigars or artisans, who make it possible to create and deliver even complex sets at the remotest venues, cost effectively.
Range of Services:
3. Trade Fair
4. Stand Fabrication
Some Projects; 2001 HLL - A Hair Story Showbiz helps tell the tale. A launch pad for Pepsodent, created by Showbiz. Showbiz sets the foundation for Abby99.
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Setting the stage for Femina-Miss India. Abby99 on center stage. Hot Wheels and Barbie, all set to take off. Showbiz adds an extra touch of class to Tiffany.
Equipment Rental:
A member of the Professional Light and Sound Association (PLASA), U.K. Showbiz provides Technical support that measure up to international standards. Quite naturally, constant innovation and keeping pace with technology is a way of life for us. They own some of the most sophisticated lights, Sound and Audio-Visual equipment operated, of course, by an in-house team of trained, competent engineers. Right from automated or conventional lights to lasers, along with the appropriate trussing to sound engineering and reinforcement, video wall sand projection systems whatever you need to hire, its all here.
Range of Services:
1. Projection Systems
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3. Conventional Lighting
4. Automated lighting
5. Dimmer Boards
6. Indoor Sound
7. Outdoor Sound
8. Lasers
9. Video Walls
10. Pyrotechnics
Some Projects:
Showbiz adds extra glow to the Fair & Lovely show. Levers show off with lasers, thanks to Showbiz.
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Showbiz brings the Italian connection to light for Fiat Uno. Making sure everything is in control, always. Showbiz lights up Abby 2001. The Beach Boys go rocking with Showbiz.
Retail Merchandising:
Merchandising around their product is their last chance to communicate with the consumer. The more impact you make here the better.
Combining the talents of their Design Studio with their Exhibits division, they create a stunning environment at the point-of-purchase
Be it a small window decal or the entire decor of a store, Shobiz Retail Merchandising has the answer to all their needs. Come woo shoppers all over again.
Range of Services:
1. Corporate design
EVENT MANAGEMENT
5. Display stands
6 Moving displays
7. Signage graphics
8. Kiosks
9. Floor merchandisers
Events:
Shobiz Events focuses on creating memorable events, events of all sizes. Events personalized for brands events across markets. They understand the challenges you face. What set us apart are their expertise and an in-house team that takes care of everything less than one roof. Showbiz can provide a range of innovative and exciting entertainment possibilities to match their event image and design. From managing details such as arranging for hosts and hostesses, to coordinating with models, performers, compeers and artistes from creating costume design, welcome themes, collaterals, A/Vs to procuring licenses and getting permissions, arranging for security, catering,
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From planning their schedules, road shows, venue management, backstage co- ordination, ground transport to supplying audio visual equipment, sound and lights from providing the fireworks to arranging the choreographer and finally scripting the show. Shobiz Event Management does it all.
Range of Services:
2. Performers
5. Backstage Assistance
7. Ground Transport
9. Security Arrangements
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12. Choreography
13. Souvenirs
14. Promotions
Films:
Shobiz Films helps you achieve thematic consistency in their corporate event communication. Their services include audio-visual scripting, direction and production. For instance, when they manage their event,
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Not to mention, pre-production arid post-production values are taken care of. But that need not be the only reason why you should take advantage of this service. Even if you want to do a film as a stand-alone, they would be happy to do it
Range of Services:
1. Concept origination
2. Scripting
3. Production co-ordination
4. Direction
5. Post-production
List of Films:
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3. Nihar, Lux Shampoo & Clinic Plus Re-launch - 2001 4. Pepsodent Re-launch 2001
Exhibition:
Showbiz Exhibits makes sure their exhibit is in the limelight. They have an exclusive team of dedicated architects and interior designers who specialize in exhibitions and trade fair designs.
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No ordinary creative these, theyre familiar with the latest materials and contemporary international trends. Combing their expertise with AutoCAD, and 3-0 Studio, they show you complete walkthroughs, much before the real event commences.
They give you more than just superlative interiors, guaranteed crowd pullers such as live elements, promotions and other attractions to ensure that their exhibit takes centre stage always.
Add to that, sound engineering, video walls, projection systems, an automated and conventional fighting to make their exhibitions spring to life.
Range of Services:
1. Designing
2. Fabrication
3. Branding
4. Live Promos
5. Equipment Rental
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Their staging and lighting expertise have always been called in for the peculiar requirements of this industry. From innovative and detailed backdrops of television sets to theatrics and dramatics of set change and versatility of minimal props required in theatre have been successfully stage managed by Shobiz over two decades, for many renowned show productions.
Fashion Shows:
Shobiz has been behind the scene for many a successful launch of apparel collections of reputed designers from India and abroad. It is on their staging and setting that almost all models have set ramps on fire with exquisitely presented shows expressing the mood and atmospherics required by the designers for just the right effect.
It is in their nature to innovate arid this demanding industry found their expectations matched strength to strength with the solutions they have provided over the years networks with local players to keep track and inform them. They will hire a local company or open a branch in Chennai in case the response from people is excellent. So in this way, a network is formed to organize the event in better perspective.
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Chapter 7: conclusion
Event management as an industry is in its infant stage. It has long way to go. It has a bright future. This industry is growing at a reasonably quick rate. This can be seen from the number of different firms that came up in this field in the past few years.
The government can also help this industry grow tremendously. Government should impose favorable rules and regulation on this industry which would help its development. For e.g. the time limits imposed on the events conducted can be increased like for Dandia Raas the time limit given is till ten in the night, which is quite less according to the people who come and attend the event. This time limit can be increased so as to give justice to both the event as well as the audience.
There should also be a set standard for the events that are being conducted. All the events conducted should be of high caliber. This will help the industry to increase the revenue that is generated from all the events that are organized.
Hence, for the industry to grow the government should bring in favorable policies, reduce taxes, develop essential infrastructure, bring in corporate to manage the events and above all establish a forum that would help all the firms in their expansion.
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In the near future, the companies will form a network of associations in different states in order to expand the industry so that the events can be held more professionally. For E.g. if an event management company in Mumbai has been asked to organize a show in Chennai then it is not possible for the coordinator to keep track on daily progress in Chennai, so in this case they form networks with local players to keep track and inform them. They will hire a local company or open a branch in Chennai in case the response from people is excellent. So in this way, a network is formed to organize the event in better perspective.
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BIBILOGRAPHY: WEBILOGRAPHY:
1) WWW.WIZCRAFTWORLD.COM 2) WWW.SHOBIZ.COM 3) WWW.SEVENTYINDIA.COM 4) WWW.INDIATIMES.COM 5) WWW.INDIAINFOLINE.COM 6) WWW.PERCEPTINDIA.COM
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