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Business Standard
22-05-2025
- Business
- Business Standard
Mach Conferences & Events Ltd. Partners with Cordelia Cruises, Leveraging India's Booming Cruise Tourism Market
PRNewswire New Delhi [India], May 22: Mach Conferences & Events Ltd., India's leading MICE (Meetings, Incentives, Conferences, and Exhibitions) company, is proud to announce its appointment as a Distributor for Cordelia Cruises, India's premier luxury cruise line. This strategic partnership marks a significant milestone in Mach Conferences' expansion, simultaneously enhancing its B2C portfolio and driving B2B growth in the luxury travel and event management sectors. The Indian Cruise Industry: A Catalyst for Growth India's cruise tourism industry is undergoing a transformation, supported by strategic government initiatives, infrastructure investments, and rising demand for premium travel experiences. Currently valued at US$229.96 million (2025), the sector is projected to grow at a CAGR of 8.53%, reaching US$319.05 million by 2029. India's geographical advantages, including a 7,500 km coastline and 14,500 km of inland waterways, position the country as a future global cruise hub. Key highlights of the sector's growth include: * Passenger Projections: From 950,000 passengers by 2030 to 4.5 million by 2047. Infrastructure Advancements: The state-of-the-art Rs556 crore Mumbai International Cruise * Terminal (MICT), capable of accommodating 10,000 passengers daily. * Policy Reforms: Simplified e-visa facilities, reduced port charges, and priority berthing for cruise ships. Mach Conferences & Cordelia Cruises: A Strategic Synergy Cordelia Cruises, celebrated for its luxury offerings and world-class hospitality, aligns seamlessly with Mach Conferences' mission to deliver exceptional experiences. This partnership allows Mach Conferences to expand its B2C portfolio by offering exclusive access to Cordelia's itineraries, catering to discerning travellers and luxury seekers. Additionally, the collaboration is poised to strengthen B2B growth, enabling the company to create bespoke cruise-based solutions for corporate events, incentive travel, and group tours. "This partnership with Cordelia Cruises is a pivotal step in our journey to redefine luxury travel and event management. It bolsters our B2C offerings while opening new avenues for B2B growth. As the Indian cruise market experiences unprecedented expansion, we are proud to lead the way in offering transformative experiences to our clients," said Mr. Amit Bhatia, Chairman & Managing Director of Mach Conferences & Events Ltd. Strategic Vision Mach Conferences' appointment as a Key Distributor for Cordelia Cruises aligns with the company's vision to leverage India's booming cruise tourism market. This move also complements the government's Cruise Bharat Mission, targeting 5 million passengers by 2047, and positions the company as a trailblazer in luxury travel and event management. About Mach Conferences and Events Limited A pioneer in the MICE industry, MACH Conferences and Events has set a high standard in successfully arranging, coordinating and carrying out formal Meetings, Incentives, Conferences and Events across the globe. The Company has more than 21 years of experience with certifications from eminent bodies like IATA, ADTOI, IATO, and PATA. Having conducted over 300+ large and medium-size events in previous 3 years involving over 30 of the most elite brands, it takes pride in claiming to be among the supreme performers in the MICE industry. Not only in the Indian subcontinent, but our wings span across multiple countries. The company has top-notch set of experts with varied expertise apart from being blessed with an in-depth and updated knowledge of the MICE Industry. As a result, they know this sector inside out, better than the rest. For further information, please contact: Mach Conferences and Events Ltd. Ms. Yashashvi Srivastava Company Secretary Email: compliance@ Website: Adfactors PR Pvt. Ms. Samruddhi Bane | Mr. Adtiya Tikare Email: | Safe Harbour This release contains statements that contain "forward looking statements" including, but without limitation, statements relating to the implementation of strategic initiatives, and other statements relating to Mach Conferences' future business developments and economic performance. While these forward-looking statements indicate our assessment and future expectations concerning the development of our business, several risks, uncertainties and other unknown factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to, general market, macro-economic, governmental and regulatory trends, movements in currency exchange and interest rates, competitive pressures, technological developments, changes in the financial conditions of third parties dealing with us, legislative developments, and other key factors that could affect our business and financial performance. Mach Conferences undertakes no obligation to publicly revise any forward-looking statements to reflect future / likely events or circumstances.
Hindustan Times
22-04-2025
- Business
- Hindustan Times
Selfie spots, rose gold ceilings and 10,000 passengers a day: India's largest cruise terminal opens in Mumbai
The Union Minister of Ports, Shipping & Waterways (Mospw), Sarbananda Sonowal, flagged off Cruise Operations from the Mumbai International Cruise Terminal (MICT), India's largest cruise terminal, on Monday. The Union Minister also inaugurated the renovated Fire Memorial at Victoria Docks as well as renovated two heritage buildings -- Fort House, Ballard Estate, and Evelyn House at Colaba. Sonowal also inaugurated the Sagar Upvan garden along with the Shore to Ship Electric Supply under the Green Port Initiative. The MICT, developed as per Cruise Bharat Mission, was developed as per latest global standards and is expected to take a pioneering role in developing cruise tourism in India. Spread over a built up area of more than 4,15,000 Square Feet, the MICT is developed at Ballard Pier. MICT is India's largest world class cruise terminal. Equipped with 72 check-in and Immigration counters spreading over an area of 2,07,000 Square Feet on the first two floors (G 1), while the other two floors (2 3) are developed as Commercial Floors. The newly inaugurated MICT is designed to handle 1 million passengers every year, with an approximate 10,000 passengers per day. It can also handle 5 ships simultaneously, with an 11-meter draft and up to 300 meters in length. At the parking space, more than 300 vehicles can be parked simultaneously: Speaking on the commencement of Cruise Service from MICT, the Union Minister, Sarbananda Sonowal, said, 'The maritime history of Mumbai is rich and an integral part of our civilisation. As a coastal hub, it has served the nation handsomely with its bustling coastal business. It is only logical that we work towards realising Prime Minister Narendra Modiji's vision of 'Bharat becoming a global cruise hub through its state-of-the-art infrastructure.' Today, Mumbai, with its longstanding repute as a major maritime hub in the world, commenced Cruise Operations from the Mumbai International Cruise Terminal, providing passengers with modern amenities for a better and safer experience. This adds to our existing top-class international terminals at Visakhapatnam and Chennai. To celebrate the heroic contribution of Mumbai Port Fire Services personnel, the newly renovated Fire Memorial at Victoria Docks celebrates their distinctive service to the nation.' MICT has been designed with a wavy ceiling reflecting the maritime identity with functional and minimalist architecture. MICT blends modern design with Mumbai's maritime spirit--featuring fluid architecture, rose gold accents, and a sweeping ceiling. From heritage-inspired entry to sleek interiors with wave seating, selfie points, and maritime plaques, it offers a serene yet vibrant gateway to India's emerging global cruise hub. MICT will provide an enhanced passenger experience and position Mumbai as one of the major hubs for cruise tourism hubs. The total investment in the MICT project has been Rs556 crores. Elaborating on the vision of the Cruise Bharat Mission, the Union Minister Sarbananda Sonowal said, 'PM Narendra Modi ji's call for port-led prosperity has redefined our maritime ambitions. We also give momentum to the 'Cruise Bharat Mission'--our resolve to make Bharat is one of the top cruise destinations in the world. The mission embraces three pillars--Ocean & Harbour Cruises, River and Inland Cruises, and Island & Lighthouse Cruises. With a comprehensive strategy that combines digital ease, circuit integration, environmental sustainability, and global partnerships, this is India's cruise awakening --bold, inclusive, and future-ready. Under the visionary leadership of Hon'ble Prime Minister Narendra Modi Ji, India's maritime sector has witnessed an astonishing transformation. It is the story of an India that believes in its potential and invests in its people.' The renovated Fire Memorial at Victoria Docks, which was inaugurated by the Minister, is a solemn tribute to the Mumbai Port Fire Services personnel for their distinguished service to the nation. The fire memorial is renovated with a "Golden Tears" theme as the tragic event which golden bricks were blown in the surrounding area of the Port. To promote heritage and tourism, facade lighting was inaugurated at two iconic heritage buildings of MbPA - Port House at Ballard Estate and Evelyn House at Colaba, adding to the aesthetic and historical appeal of the city's legacy. In a boost to the Green Port Initiative, the Shore to Ship Electric Supply at MbPA. This will help Tug boats and Coast Guard vessels, reduce emissions, bring in operational efficiency and reduce noise pollution. MbPA's commitment to environmental sustainability and modernisation of port infrastructure, providing shore-based electric power, will significantly enhance energy efficiency and operational cleanliness. The rejuvenated Sagar Upvan Garden at Colaba were also inaugurated today. This was done with support from Tata Trusts, the MbPA undertook extensive repair and enhancement work were undertaken, including the restoration of the compound wall, construction of facilities for gardeners, along with a 25000 KLD Sewage Treatment Plant. Rich with more than 500 varieties of plants, it has scenic views of the Arabian Sea as well as Sassoon Docks. It has lush green lawns, sea-facing benches, and pathways ideal for jogging and walking, along with a living laboratory for botany students and nature enthusiasts. The Union Minister Sarbananda Sonowal also attended MoU Signing ceremony for the development of Infrastructure projects with an investment worth more than Rs5700 crores at Vadhavan Port here today. The agreements were signed for the development of a terminal for handling container, bulk, and liquid cargo with an investment of Rs4200 crores, development of a dedicated terminal for handling bulk and liquid cargo with an investment of Rs1,000 crores and development of a liquid cargo jetty and a tank farm with a capacity of 3,00,000 CBM for handling liquefied chemicals and related products with an investment of Rs500 crores. Speaking at the MoU signing ceremony, the Union Minister Sarbananda Sonowal said, 'Our dynamic leader, Prime Minister Narendra Modi ji has given us a vision of transforming Vadhavan Port to become one of the Top 10 Global ports. As the Vadhavan Port project is likely to power up India's current capacity by more than three times, this is all all-weather, green field deep draft major port that is going to act as a game changer for not only India's maritime sector, but also enable regional trade. As India is poised to become a Viksit Bharat by 2047, this port is likely to act as a major growth multiplier. In this regard, the MoUs signed today add towards the creation of infrastructure and capacity of the Vadhavan port and help us take another step towards realising the vision of PM Narendra Modi ji.' The inauguration of fuel dispensing infrastructure -- including two HSD units, one gasoline unit, and a fast electric vehicle (EV) charger -- further bolsters the port's push towards sustainable mobility within the operational area. The event also included the formal handover of key land assets. A charge certificate of the plot at Malet Bundar was handed over to JNPA for its corporate building. Another plot at Reay Road was transferred to the Hare Krishna Mission for social and community activities. Additionally, the E Shed at Mumbai Port was handed over to M/s. Ruchi India Logistics to strengthen port-led logistics operations. The Cruise Bharat Mission has set ambitious yet achievable goals like Development of 10 international sea cruise terminals, creation of 100 river cruise terminals, Launch of 5 marinas along our coast, Seamless integration of more than 5000 km of waterways, Aiming for 1 million sea cruise passengers and 1.5 million river cruise passengers by 2029, creation of over 400 thousand direct and indirect jobs across the cruise value chain. Since 2014, the government under the leadership of PM Narendra Modi has led to the transformation of the maritime sector. The cargo handled at the major port surged from 556 MMT in 2014 to 854 MMT in 2024-25, while coastal cargo grew by 119%. The inland water cargo rose from 6.89 MMT to 133 MMT--a leap of over 1800%. The cruise passengers increased from 85,000 in 2014 to 4.71 lakh today, a phenomenal growth of 454%.
