39% corporates say M!CE budgets would remain unchanged: SOTC Travel

A survey conducted by SOTC Travel to understand the M!CE plans of key corporates in India reveals that 39% of the respondents said their M!CE budgets would remain unaltered. This spells well for the M!CE sector which is directly influenced by the business health of corporates. The survey also suggests that 32% of the respondents pegged August to September as the right time to restart discussions and operations on M!CE, more than half (or 55%) felt the right time for this would be between October and December.