India’s MICE Sector Eyes $100 Billion Milestone by 2030, Driven by Strategic Investments

India’s MICE (Meetings, Incentives, Conferences, and Exhibitions) industry is poised for massive growth, with the sector targeting an ambitious valuation of over $100 billion by 2030, according to recent industry estimates. This bullish outlook is being fueled by a surge in strategic infrastructure investments, increased government support, and a rising focus on global business tourism.

The country is rapidly transforming into a preferred international MICE destination, supported by the development of world-class convention centres, airports, hospitality facilities, and digital connectivity. Major hubs such as Delhi, Mumbai, Hyderabad, Bengaluru, and Ahmedabad are being positioned as global event-ready cities.

India’s G20 presidency in 2023 gave significant momentum to the sector, showcasing the nation’s ability to host large-scale, high-level international events with precision and flair. This exposure is now translating into increased interest from global MICE organizers and international businesses.

Government initiatives such as the “Meet in India” campaign and incentives for destination development are also playing a critical role in expanding the sector’s global footprint. With a growing domestic corporate base and rising demand for professional networking platforms, the MICE ecosystem is becoming an essential pillar of India’s tourism and economic growth story.

Industry leaders note that with continued focus on infrastructure, policy, and skilled talent, India could emerge as Asia’s leading MICE destination by the end of the decade.