Tag Archives: PHDCCI

Speaking at the PHDCCI event, Rajeev Jain, Director, Rashi Entertainment, said, “The way this industry is expanding, I truly feel we’ll have a Wedding Ministry in 10 years. State ministers, central ministers, even the Prime Minister are now talking about weddings and concert tourism.” He hailed the wedding industry as a ‘serious contributor’ to the economy and national tourism strategy.

The PHD Chamber of Commerce & Industry (PHDCCI) is going to organise ‘फन-Tastic 2025,’ an exclusive meet on live entertainment, events and weddings at PHD House; Co-powered by Sun TV and Supported by Event and Entertainment Management Association (EEMA). This day-long summit will bring together leading policymakers, entertainment technologists, wedding /event planners and live performers to explore innovation, intellectual property, and sustainability in India’s rapidly growing live entertainment and events ecosystem. The summit will be inaugurated by Kapil Mishra, Tourism Minister, Delhi,  who will deliver the keynote address and emphasise Delhi’s potential to emerge as the premier destination for live entertainment, events and weddings in India. Rajeev Jain, Chair, PHDCCI Entertainment Committee, highlighted the industry’s transformative impact, “Aligned with Prime Minister Modi’s vision of a ‘Concert Economy,’ we take immense pride in how India’s live entertainment, weddings, and large-scale events from Diljit Dosanjh’s performances to the Ambani wedding to Coldplay’s India tour are not just entertainment spectacles but economic drivers that boost tourism and public revenue. With strong government collaboration, Delhi can be positioned as the epicentre of India’s Event Economy.” Shalini S Sharma, Assistant Secretary General, PHDCCI, added, “Under the dynamic leadership of Hemant Jain, President, and Dr Ranjeet Mehta, CEO & Secretary General, PHDCCI this initiative marks a new chapter for the industry. With the guidance of Rajeev Jain, this platform will unite top voices across sectors to shape a stronger, more impactful future.” She further added that, ‘फन-Tastic 2025’ is more than a summit it is a defining moment for India’s live entertainment and event economy. The glittering participation at PHDCCI फन-Tastic will include an exclusive Funtastic Chat with Sabbas Joseph, Co-Founder, Wizcraft Group, who will share insights …

In a significant development for India’s entertainment and event management industry, Rajeev Jain, Founder, Director, Rashi Entertainment, has been appointed as Chair of the Entertainment Committee at the PHD Chamber of Commerce and Industry (PHDCCI) for the 2024-25 term. This prestigious role underscores Jain’s reputation as an industry leader and his dedication to advancing the entertainment and events sectors in India. As Chair, Jain will serve as a vital link between industry stakeholders and government representatives, focusing on bridging gaps, addressing challenges, and pursuing new opportunities. His leadership is anticipated to drive forward initiatives aimed at strengthening industry resilience and promoting growth in an increasingly dynamic economic environment. “I am truly excited to work alongside visionary leaders and professionals to encourage innovation, build meaningful partnerships, and promote growth in the industry,” Jain said. Expressing his enthusiasm, Jain added, “My experience will be instrumental in helping us collectively achieve our shared goals for the sector. I am looking forward to leveraging this platform to drive positive change and unlock the full potential of the entertainment and events industry.” With Jain’s appointment, the industry anticipates a phase of dynamic growth, driven by strategic advocacy, innovation, and meaningful collaborations under his leadership.  

Gajendra Singh Shekhawat, Union Minister of Culture and Tourism, speaking at PHDCC’s 1st Wedding Tourism Summit & Expo said, “India’s wedding industry is poised to drive the economic growth. About 54 per cent of India’s population is under 30 years and a large part of household income is spent on weddings.”

According to a report prepared by FHRAI, KPMG and PHDCCI, India’s sustainable tourism market is projected to grow at CAGR of 19.3 per cent by 2032. Eco-tourism alone is projected to expand by 15.7 per cent from 2019 to 2027, reaching a staggering market size of US$4.55 billion.

In its latest move, the Tourism Committee of PHD Chamber of Commerce and Industry’s (PHDCCI) has been reconstituted for the year 2020-21 with Anil Parashar, President & CEO, Interglobe Technology Quotient (ITQ) as the Chairman and Rajan Sehgal, Kishore Kaya & Ankush Nijhawan getting elected as the Co-Chairman. Vinod Zutshi, Former Secretary, Ministry of Tourism, GOI, continues to be the Hony. Member and Mentor for the Tourism Committee. The tenure of the newly constituted committee will be 1 year but it can be reconstituted before as well. The committee is dedicated towards the betterment of tourism in India, one that is sustainable and develops India’s heritage tourism.

Ajay Singh, Chairman & Managing Director, Spicejet, has said that we need to use this opportunity to try and collect the imbalances in the industry like the structural problems, get aviation turbine fuel under GST and make this crisis into an opportunity. He was speaking at a webinar organised by PHD Chamber of Commerce and Industry. Singh also lauded the government on resumption of flight operations and putting in place a contactless digital experience for travellers. He shared that there is a need to build confidence among the masses which can be done with the dissemination of information.