Set up by the world’s largest exhibitions’ organizer, Informa Markets in India, Facilities show India Virtual Expo is a premier expo and conference for the facilities management supplier industry. The show offers the ideal opportunities for suppliers to showcase their products & services virtually and to network and connect with key decision makers from every level of a wide range of sectors. The first edition of Facilities Show India Virtual Expo in Association with IFMA was successfully conducted on 26-27 November 2020. The Welcome Address was delivered by Mr Yogesh Mudras, MD, Informa Markets in India while the Introductory Remarks were given by Mr Mahender Singh R, Director -International Facility Management Association (IFMA), India and South East Asia, Mr. Peter Ankerstjerne, Global Lead, FM & Experience Services JLL & Chairman of the Board IFMA addressed the audience while Mr. Pankaj Jain, Group Director & Digital Head, Informa Markets in India delivered the vote of thanks.
A high-level virtual expo and conference, Facilities show India brings together local and global manufacturers, suppliers, consultants and service providers to network with thousands of attendees from various facilities management verticals looking to procure latest products & services. The expo is a highly researched and planned platform to highlight an exciting array of products and services from smart solutions, security solutions, air conditioning & mechanical ventilation, energy management, environmental management, cleaning solutions, IT solutions, Facilities Services, workplace, HR services and much more.
Facilities Show India and IFMA join hands
For 40 years, International Facility Management Association’s (IFMA) mission has been to advance the professional discipline of facility management (FM) worldwide through credentialing programs, educational courses, networking, research and knowledge sharing. IFMA is the world’s largest and most widely recognized international association for facility management professionals, supporting more than 23,000 members in more than 100 countries.
Specifically, IFMA India is the premier resource for facility management professionals to optimize their facilities, teams and workplace projects in the world’s second-most populated country. As members of IFMA India, facility management professionals have access to knowledge platforms, by way of education, chapter workshops, networking opportunities involving professionals, subject matter experts, through associates who are directly and indirectly associated with the industry.
Facility Management (FM) refers to the use of a third-party service providers to maintain a part or entire building facility in a professional manner. It is increasingly gaining popularity amongst commercial as well as residential clients driven by modernization, rapid urban development and a growing awareness of advantages arising from outsourcing non-core business activities. The Indian facility management market accounts for 3.2% of the GDP of the country and is at present an INR 5 lakh crore market and is expected to grow at a rate of 20-25% annually. The market is highly fragmented with relatively few organized players. However, with the growing formalization of the economy, the proportion of organized players is steadily increasing. At present, the organized FM services industry in India is valued at INR 50 thousand crore constituting 10% of the total market. This is expected to grow to INR 1.25 lakh crore by 2022. In India FM services companies have only tapped 25% of the addressable market with 75% of this work still being undertaken in-house, a stark contrast to 49% at the global level.
The Indian Facilities Management (FM) industry is in the midst of rapid development. The anticipated growth in the market can be attributed to:
Facilities show India Virtual Conference
Redeﬁning Workplaces in the “new normal” provided insights and ideas, discussed trends and disruptions permeating modern life and workplaces. The thought-provoking sessions will help organizations rise to some of the greatest challenges and changes needed to adapt and thrive and provide attendees with tools and inspiration to seize workplace opportunities. Key topics:
Supporting Association: Telangana Electronic Manufacturing Industries Association (TELMA)