Mumbai, May 5 -- Ministry of Tourism stated in a latest update that India's Meetings, Incentives, Conferences, and Exhibitions (MICE) Industry is set to be a major economic driver, generating high-quality jobs. India's MICE industry is rapidly emerging as a global powerhouse, fuelled by robust economic growth, world-class infrastructure, and strong government backing. States across the country are unlocking tourism opportunities in their own unique ways - and now, it's time for India to position itself firmly on the global MICE map. The India MICE market generated a revenue of USD 49,402.6 million in 2024 and is expected to reach USD 103,686.5 million by 2030 while registering a growth of 13% CAGR. This growth is fuelled by the recent dev...
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