Reed Exhibitions Buys India Big7
March 5, 2019
Reed Exhibitions, a division of RELX, has announced the acquisition of India BIG7.
Launched in 1993, the annual, Mumbai-based event is India's largest trade event for Gifts, Stationery, Writing Instruments, Office Supplies, Gadgets, Houseware, Kitchenware and Home Décor.
With this acquisition, Reed Exhibitions welcomes BIG7 into its portfolio of more than 500 events across 30 countries.
As a global leader in the business of face-to-face events, Reed Exhibitions will bring its expertise, global reach and resources to the benefit of BIG7 brand, its customers and the event team.
Gregory Zaraisky, CEO, Reed Exhibitions, India, says, “Having known Jivesh Sachdev and his flagship event India BIG7 for more than two years, we have been very impressed by the team’s continuous drive to innovate, keep the event on-trend while focusing on the customers’ needs today and in the future. By joining forces, we can increase customer value and help accelerate the transformation of the industries which urgently need investment, innovation and new technologies.”
Jivesh Sachdev, managing director, Introduction Trade Shows, says, “I firmly believe India BIG7 will attain phenomenal growth & enrich its global presence with the world-class management & operational excellence of Reed Exhibitions. The organisation’s experience in delivering customer value and investment in technology will benefit our customers and BIG7’s future development tremendously.”
Zaraisky said, “We are delighted to have successfully completed this acquisition and look forward to welcoming the BIG7 event team to Reed Exhibitions, India.”
BIG7 joins a growing portfolio of Reed Exhibitions gift shows in Germany, Japan, Australia and China. The next edition of India BIG7, held in the Bombay Exhibition Centre, will take place Aug. 21-24.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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