International Boat Show from Feb 28 to March 2
Mumbai,
Dec
29:
The
Mumbai
International
Boat
Show
(MIBS)
will
be
held
at
the
Bandra
Kurla
Complex
here
from
February
28
to
March
2.
Speaking to reporters here yesterday, MIBS Director Dr Malav Shroff said, ''The twin objectives of demonstrating India's potential as a large boating market to the global community and creating awareness among the Indian consumer are amply achieved during this event.'' ''It is not just mere curiosity driving the show, the estimated sales figure speak for themselves with over Rs 150 crore (approximately 40 million dollar) worth of boats sold during the prior event,'' Dr Shroff said.
This year's 2008 edition of the show is expected to double, both on ground and at the marina. The show now has a capacity of 3000 square meters. The Mumbai International Boat Show 2008 is filling up fast as already on board are yachting brands including Princess Yachts, Sunseeker, Azimut, Benetti, Larson, Cobalt, Grady White, Ferretti Jeanneau, Searay, GC Marine and Pershing Mercury, to name a few.
With 2,700 kms of beautiful unexplored coastline, India is awaiting an explosion in boating lifestyle with an anticipated market size of one million dollar over the next five years, said Dr Shroff.
''The
opening
up
of
the
market
is
also
a
big
boost
to
the
entire
service
industry,
and
we
have
started
a
dialog
between
the
government
and
private
sector
regarding
the
need
for
marinas.
One
of
the
crucial
aspects
is
that
all
stakeholders
in
the
show
like
the
Maharashtra
government,
Maharashtra
Tourism
Development
Corporation
(MTDC),
the
Bombay
Port
Trust
and
the
Indian
Navy
have
strengthened
their
association
and
partnership
giving
a
solid
backing
to
MIBS,''
Dr
Shroff
added.
UNI