the

indian
UNIVERSAL EXPOSITIONS GROUP. . .
furniture
sector :
bringing the industry complete
business solutions through
professional trade platforms.

a
wealthof
possibilities
UNIVERSAL EXPOSITIONS LTD.
401, Sanskriti Park, 50 B Mahakali Caves Road,
DELHI BANGALORE
Andheri (E),
Plot no. L-61, 3rd floor, 44, Puthen Parambil, 3rd Cross,
Mumbai - 400093 . India
Kalkaji, Vignan Nagar, Mallesh Palya Extension,
T : 91 22 28302870 / 71 New Delhi - 110 019 . India New Thippasandra,
F : 91 22 28216140 T : 91 11 42576355 Bangalore - 560 075 . India
E : marketing@ueindia.com T/F : 91 11 26445155 T : 91 80 25340071 / 41733633
W : www.ueindia.com, www.indexfairs.com E : north@ueindia.com E : south@ueindia.com
INDIA
India’s economy is on an ever increasing growth curve. With positive indicators such as a stable
8 percent annual growth, rising foreign exchange reserves of more than US$ 150 billion, a

A GROWING
booming capital market with the stock index, the “Sensex” touching the majestic 10,000 mark
and going above, flowing foreign direct investment (FDI) expected to be in excess of US$ 10
billion. With a remarkable 25 percent surge in exports, it is easy to grasp why India is a leading
destination for foreign investment. India has emerged stronger on the global investment radar
in 2005 -06, overtaking the United States of America, to become the second-most attractive

MARKET FDI destination in the world.

4th largest economy in terms of purchasing power parity

Fastest growing economy by 2020

Third largest economy in the world
1.12 billion strong population
Upper and upper-middle class of 200 million people
30 cities with population over 1 million
1.1 million with a liquid wealth of U$D 1,00,000, by 2009
1,500,000 millionaires by 2009
Vibrant private sector (75% of GDP)
Highest number of ‘Billionaires’ in Asia
 REAL ESTATE
The Indian real estate landscape has undergone a paradigm shift over the past few years.

LEADING
With economic liberalization, increased globalization and the consequent increase in business
opportunities, India’s real estate sector is on an upward surge. A booming economy, depicted

INDICATORS
by the soaring levels achieved at the stock market, increasing demand across sectors, the 2010
Commonwealth games in New Delhi, Special Economic Zones, and favorable demographics have
given rise to corporate optimism and has provided the necessary impetus for the commercial
space demand to reach greater heights.

OF GROWTH Real Estate at USD 12 Billion growing at 30% annually

Urban India alone requires 12 Million housing units with scope for 400 townships in 5 years across 30-
35 cities, each with 500,000 population.

The median age of home buyers has declined by 10 years to 28; younger, prosperous generation with
aspirations for an affluent life style.

Demand for office space by IT/ITES to be 150 Million sq. ft. in 2010.

Total demand for office space is likely to be 200 Million sq. ft. in 201 (assuming demand for office space
by IT/ITES as 75% of total demand)

Current status of Commercial Property

Mumbai : 13.5 million sq. ft.
National Capital Region : 11 million sq. ft.
Bangalore : 12.4 million sq. ft.
Hyderabad : 11 million sq. ft.
Chennai : 20 million sq. ft.
Pune : 16 million sq. ft.
Kolkata : 1.7 million sq. ft.
RETAIL
India has huge potential for retail expansion, with rapid growth underpinned by favorable
demographics, increasing urbanization, rising disposable incomes, low interest rates, brand
competition and youth culture. The sector is also undergoing structural change, with leading
domestic retailers going through rapid growth, format migration and consolidation. The
pace of change is likely to accelerate as foreign investment in retailing is liberalized – the
government has taken the first steps in 2006 by allowing 51% FDI in “single brands” retail
outlets. Increasingly, organized retailing will focus on smaller cities (of over 1 million population),
which are still largely unexploited.
Retail sector expected to grow 40% to U$D 427 billion
by 2011...
Organized retail, 3% of total retail currently, pegged to grow to $64 billion by 2015
Average domestic retail sector growth 10% in the past five years
Organized retail is expected to grow at 25-30% per annum
Malls to increase from 100 in 2005 to 350 by 2007 and 600 malls by 2010
Mumbai alone to have 55 new malls in ’07, taking Mumbai retail space to close to 20 million sq foot
Delhi to have about 20 Million sq foot by the end of 2007, over the existing 3.7 million sq foot
220 shopping centers in Tier I and Tier II cities alone by 2008
Built up mall area is expected to increase from 32.60 million sq ft in 2005 to 87.80 million sqft in 2007
 For every rupee that goes into building a hotel, three
more are spent furnishing it
Setting up a 5-star deluxe hotel with 250-300 rooms costs approximately Rs.300 crore, excluding the
land cost
4 million international tourists for the first time in 2006
Medical tourism, currently at U$D 350m, has the potential to grow into a U$D 2bn industry by 2012
Five-star hotels are witnessing an average room occupancy rate of over 80%
Luxury hotels recording 100% occupancy during weekdays across the country
Travel and Tourism expected to generate business worth $53,544.5 million in 2006
Five year tax holiday in the NCR for development of two, three and four star hotels
Three to five star hotels account for 90,000 to 1,00,000 hotel rooms in India

HOSPITALITY distribution of existing and proposed branded hotels by major

city (room supply)
The increase in hotel rooms in the country and the growth of quality and value-for-money mid- existing proposed increase development luxury first mid-market budget
market, budget and economy hotels are expected to significantly impact travel within India, supply supply over five of supply class
positively. Several international brands across all hotel segments plan to or have entered the years
market while domestic hotel chains have strong expansion plans. agra 1,336 384 28.7% 69% - - 37.5% 62.5%
ahmedabad 519 462 89.0% 48% - 32.5% 15.6% 51.9%
Over 150,000 rooms are required to meet the target of 5 million foreign tourist arrivals. bangalore 1,906 7,794 408.9% 55% 32.1% 16.7% 37.0% 14.2%
Double-digit growth in both foreign tourist arrivals and accruing foreign exchange earnings chennai 2,075 4,407 212.4% 36% 38.0% 23.1% 10.9%
continued for the third consecutive year in 2005-06. delhi (ncr) 7,030 10,856 154.4% 74% 27.0% 38.2% 10.0%
goa 2,252 2,632 116.9% 18% 12.4% 43.6% 25.6% 18.4%
hyderabad 1,442 7,408 513.7% 57% 34.4% 21.3% 18.8%
jaipur 1,298 2,770 213.4% 42% 11.7% 36.3% 26.0% 26.0%
kolkata 1,354 2,465 182.1% 61% 11.2% 29.4% 49.7% 9.7%
mumbai 7,402 9,318 125.9% 36% 28.9% 26.7% 13.6%
other cities 8,056 6,870 85.3% 47% 3.9% 18.6% 24.0% 53.5%
INDIAN FURNITURE MARKET FURNITURE INTERMEDIATES
The domestic market for furniture, according to industry experts, is worth approximately USD The growth of the construction industry, both commercial and residential, has ensured a huge
4.4 Billion, of which home furniture accounts for USD 1.56 Billion and office furniture for USD demand for furniture intermediates from the interior design and furniture industry which
2.89 Billion. About a tenth originates from the organized sector. manufacturers are hard pressed to meet.
In the office furniture category, the market is almost equally divided between organized and
unorganized sectors with the organized sector having a market share of USD 1.44 Billion. Particle Board:
Furniture imports was recorded at USD 152.43 Million in the year 2005-2006 and USD 53.82
Industry valued at $ 0.45 billion
Million for 2006-2007 April-July quarter.
Industry growing at 20% p.a

Rate of growth 20 % – 25 % per annum Laminate Industry:

Growth linked to construction and the growing ‘spending power’ of consumers Industry valued at $ 0.45 billion.

Organized sector ‡15 – 20% Industry growing at 20% p.a

Imports of furniture stands at $152 million Plywood Industry:

Export of furniture stands $217 million Industry valued at $ 1.33 billion
Market dominated by local manufacturers, interior decorators, contractors and carpenters Industry growing at 20% p.a
 IMPORTS OF WOOD WORKING MACHINERY

WOOD WORKING MACHINERY

Increased demand for furniture means growth in the
manufacturer base.
Furniture imports from around the world, was recorded at USD 152.43 Million in the year 2005-
2006. This huge demand for furniture needs to be addressed within the country, and this will
be possible only with state-of the-art machinery and tools for furniture manufacturing. The
country is poised for increased local manufacturing with a steady shift in focus away import
to domestic manufacturing.
UNIVERSAL EXPOSITIONS GROUP
Is a media group with a core competence in tradefairs, that have diversified into publication,
consultancy and design. The organization is a pioneer of the industry with over 17 years of
expertise, including creation of the industry’s premier trade event for the furniture sector :
Index Furniture.
The group also boasts another number one product, the elegant and erudite Index Furniture
Journal (IFJ), and their latest offering m+m (material plus machine).
IMPORTANT GLOBAL PARTNERSHIPS
Universal Expositions Group is supported by some of the most important names in the global
industry.
Index Furniture and Index Inter-Furn tradefairs are held in association with Koelnmesse,
Germany, the organizers of the world renowned IMM Cologne and INTERZUM.

Group services are completed by their strong research and consultancy function and integrated
design services.

supported by
Federlegno - Arredo (Italy)
INTERNATIONAL AB Movel (Brazil)
TRADEFAIRS
Taiwan Furniture Manufacturers Association (Taiwan)
Malaysian Timber Council (MTC)
Universal Expositions Group offers complete business solutions within industry groups : Association of Furniture Manufacturers of India (India)
Trade fairs All India Hardware Association (India)
Publication Indian Institute of Interior Designers (India)
Consultancy
Design Taiwan Furniture
Manufacturer’s
Associations

Association of Furniture Manufacturers of India

 INTERNATIONAL INTERNATIONAL

INDEX 2007 INDEX 2008

TRADEFAIRS TRADEFAIRS
2007 2008

FOCUSSED TRADE FAIRS

The only focused tradefair for the industry, the Index International Furniture Fair is a
trendsetter and has, for many years, provided the ideal platform for international and domestic
furniture brands to establish their presence in India. The fair has acquired tremendous equity
among the trade and professional community in the country, as well as furniture associations
and trade commissions across the world.

Index W + M (Wood + Machine ), the second edition

of a focused fair on wood-working machinery
18th - 22nd october, 2007 10th - 14th september, 2008 and tools will be held concurrently with Index
Bombay Exhibition Centre Bombay Exhibition Centre Tradefairs 2008, at Mumbai.

INDEX INDEX

index index
kitchen & bath kitchen & bath

5th - 8th december, 2007 december, 2008

Hall No. 18, Pragati Maidan Hall No. 18, Pragati Maidan
official publication official publication
incorporating incorporating

INTERNATIONAL INTERNATIONAL
FURNITURE FAIR FURNITURE FAIR
INDUSTRY PUBLICATIONS
IFJ - Index Furniture Journal” is an elegant trade publication launched in September 2003, A new publication M+M (Material + Machine), was launched by Index Media on the 15th of
dedicated to furniture, furniture hardware and the lighting industry. September 2006 at the hands of one of India’s best known architects, Ar. Hafeez Contractor.
The only Indian publication to be a member of the prestigious International Alliance of Furnishing This classy bilingual publication is focused to provide extensive coverage to the materials and
Publications (IAFP), which is an apex association of the single best trade publication from each machines in interior and architectural designs and, to explore new possibilities.
country, IFJ has a clear business focus and within a short span of time, has established itself
as a benchmark for the industry.

new The IFJ Seminars & Workshops : a new initiative from group
THE SEMINARS & company Index Media brings leading designers, architects
WORKSHOPS and industry members together in a focused forum for
business, design and broadening industry perspectives.