For 40 years, International Facility Management Association’s (IFMA) mission has been to advance the professional discipline of facility management (FM) worldwide through credentialing programs, educational courses, networking, research and knowledge sharing. IFMA is the world’s largest and most widely recognized international association for facility management professionals, supporting more than 23,000 members in more than 100 countries.
Specifically, IFMA India is the premier resource for facility management professionals to optimize their facilities, teams and workplace projects in the world’s second-most populated country. As members of IFMA India, facility management professionals have access to knowledge platforms, by way of education, chapter workshops, networking opportunities involving professionals, subject matter experts, through associates who are directly and indirectly associated with the industry.
Facility Management (FM) refers to the use of a third-party service providers to maintain a part or entire building facility in a professional manner. It is increasingly gaining popularity amongst commercial as well as residential clients driven by modernization, rapid urban development and a growing awareness of advantages arising from outsourcing non-core business activities. The Indian facility management market accounts for 3.2% of the GDP of the country and is at present an INR 5 lakh crore market and is expected to grow at a rate of 20-25% annually. The market is highly fragmented with relatively few organized players. However, with the growing formalization of the economy, the proportion of organized players is steadily increasing. At present, the organized FM services industry in India is valued at INR 50 thousand crore constituting 10% of the total market. This is expected to grow to INR 1.25 lakh crore by 2022. In India FM services companies have only tapped 25% of the addressable market with 75% of this work still being undertaken in-house, a stark contrast to 49% at the global level.
The Indian Facilities Management (FM) industry is in the midst of rapid development. The anticipated growth in the market can be attributed to:
Facilities show India is especially designed to bring suppliers and their customers together on an enriching business platform. It attracts users and decision-makers at all levels from a huge range of industries. One has sufficient scope to attract buyers and serve as a professional marketplace for Asian and overseas best suppliers. From education to retail, office to industrial, municipal to medical – thousands of Facility Managers and infrastructure owners will attend, eager to do business.
Reasons to exhibit
Facilities show India Virtual Conference: Decoding the Future Workplace
The virtual expo cum conference provides a platform to highlight an exciting array of products and services from smart solutions, security solutions, air conditioning & mechanical ventilation, energy management, environmental management, cleaning solutions, IT solutions, Facilities Services, workplace, HR services and much more. Some of the topics to be discussed at the two-day conference include:
Supporting Association: Telangana Electronic Manufacturing Industries Association (TELMA)