Reed Creates JV with Indian Exhibition Organiser

Posted by Joachim Bartels | Jun 1, 2013 | Exhibition Industry, India, Reed | 0 |

Reed Elsevier’s subsidiary, Reed Exhibitions, has signed a joint venture agreement with Services International. The new joint venture, Reed SI Exhibitions, will be based in New Delhi.

Services International is an organiser of events for the fire and safety industry in India. The new JV will take over the portfolio of fire and safety events organised by both partners and expand its India footprint. According to Reed, the fire safety equipment market in India is expected to grow at an annual rate of 20% reaching US$4.26 billion by 2017.

Source: Business Strategies Group Hong Kong – www.bsgasia.com

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