Event management companies in India play a crucial role in organising and executing various events, from weddings and corporate gatherings to concerts and exhibitions. These companies have experienced professionals who handle every detail to ensure successful events. Interestingly, the presence and growth of event management firms can have a significant impact on the real estate market. As they continuously seek suitable venues and spaces to accommodate diverse events as well as office spaces for the employees, this drives demand for commercial properties and event venues. In turn, it stimulates real estate development, leading to the growth of the property market in India.
Business landscape of India
The business landscape of India includes a wide range of industries, from information technology and manufacturing to agriculture and services. India is known for its entrepreneurial spirit, with many startups and small businesses contributing to the economy. Government policies, infrastructure development and economic reforms all influence India’s business environment. It offers opportunities for growth and investment, but competition can be fierce. Navigating this landscape requires adaptability and a deep understanding of the local market.
List of top 10 event management companies in India
Percept D Mark
Founded in: 1984
Location: Lower Parel (West), Mumbai – 400013
Percept is an Entertainment, Media, and Communications company established in 1984. With over 200 employees and 28 offices in India and the Middle East, it offers services including creative, media, and other marketing services. Additionally, Percept is involved in content and intellectual properties, including filmed content and live entertainment. Its tailored solutions reach both local and global markets, serving millions of clients and consumers worldwide.
Wizcraft
Company Type: Industry Top
Founded in: 1988
Location: Jogeshwari West, Mumbai- 400047
Wizcraft International Entertainment is a prominent Communication & Entertainment company in India, founded in 1988. It specialises in events, exhibitions, brand activation, television production, PR, and digital marketing. Headquartered in Mumbai, it has offices in Delhi, Bangalore, Hyderabad, and Chennai, along with international liaison offices worldwide. Wizcraft is known for organising large-scale ceremonies and events, including the Commonwealth Games, Hannover Messe, and Indian Independence Celebrations.
Cineyug
Company Type: SME
Founded in: 1985
Location: Juhu-Church Road, Mumbai – 400049
Cineyug is a renowned Indian entertainment company established in 1985. It has organised over 1,200 large-scale live events, making it a leader in the industry. Cineyug’s portfolio includes award galas, arena events, television shows, and theatre musicals. It also offers services like artist management, celebrity endorsements, and pyrotechnics. The company serves elite brands and media groups in India, working with prominent names such as Shahrukh Khan’s Temptations, Filmfare Awards, IPL’s Kolkata Knight Riders, and more.
Pegasus
Company Type: SME
Founded year: 2005
Location: Andheri, Mumbai – 400059
Pegasus specialises in event management services for various industries. It has a strong network of hotels and partners to offer cost-effective event solutions. It offers virtual event services, conceptualisation, video production, event production, event management, and corporate gifting services. It caters to all industries and constantly updates its services to provide fresh and engaging experiences for clients and attendees.
DNA Entertainment Networks
Company Type: Industry Top
Founded year: 1987
Location: Palace Orchards, Bengaluru 560 080, India
DNA Entertainment Networks is India’s leading event management company, founded by Dr. T. Venkat Vardhan in 1987. It specialises in crafting live entertainment, sports, and corporate events. Dr. Vardhan has hosted renowned artists like Aerosmith, Metallica, Beyoncé, and more. DNA has also ventured into sports management, handling events like IPL and Pro Kabaddi, and expanded into corporate and special events.
Tafcon
Company Type: SMEs
Founded in: 1991
Location: 6 Nehru Place, New Delhi – 110019
Tafcon is a company dedicated to promoting trade fairs in India. It aims to create specialised trade fair events that follow a code of ethics for fair play. It focuses on organising business-oriented trade fairs, both nationally and internationally, covering a wide range of industries. Since its establishment in 1991, Tafcon has successfully organised numerous international exhibitions on diverse subjects, contributing to business promotion and technology transfer.
Wow Events
Company Type: SME
Founded in: 2008
Location: East Patel Nagar, New Delhi – 110008.
Established in 2008, Wow Events is a dynamic event management agency. It has a skilled in-house team comprising conceptualisers, designers, copywriters, and more, offering a full-service agency experience. Wow Events offers various events, including activations, digital exhibitions, international events, special events, videos, and virtual events.
360-Degree Events
Company Type: SME
Founded in: 2013
Location: Malviya Nagar, New Delhi – 110017
360 Degree Events is an experienced event management company with around 20 years in the field. It specialises in strategic planning, execution, and analysis of events to help clients build their brand and drive sales. It assists early-stage companies without event planning resources and mature companies with busy event schedules. Its services include strategic planning, budget management, project coordination, vendor management, onsite execution, and results measurement. The company handles a range of projects, including trade shows, mobile marketing, conferences, corporate meetings, VIP events, customer advisory boards, and user groups.
E Factor Entertainment
Company Type: SMEs
Founded in: 2000
Location: A-49, Sector 67, Noida – U.P. 201301
E-Factor, established in 2000, is an event management company known for its personalised services. With a 34-member team and in-house production facility, they handle a wide range of events, from corporate to social. It operates from New Delhi and Jaipur, extending its footprint to the Middle East, South East, and Europe. E-Factor excels in intricate setups, hospitality management, culinary craft, and entertainment formats. The company undertakes turnkey assignments, including concerts, televised events, government tourism events, private social events, and weddings for elite clients.
Craftsman Solutions
Company Type: SMEs
Founding year: 2009
Location: Ghitorni, New Delhi, Delhi 110030
Craftsman is an event management company that specialises in creating innovative and sophisticated events with a focus on storytelling. Its team includes experts from various fields, including entertainment, event production, theatre, media, and brand marketing. It offers a wide range of services, from event conceptualisation and talent procurement to design, logistics, and technical production.
Commercial real estate demand in India
Office space: India’s growing economy drives demand for office spaces. All event management companies seek modern, well-equipped offices in urban centres, leading to construction and development.
Rental property: The need for rental properties, including offices and event venues, is on the rise. Startups and businesses often prefer renting over purchasing.
The demand for commercial real estate positively affects the economy. It creates jobs, boosts construction, and supports related industries. Additionally, it contributes to property values and rental rates, benefitting property owners and developers.
Impact of event management companies in India
Event management companies in India organise and execute various events, from weddings to corporate gatherings. Their demand for suitable venues drives the real estate market by creating a need for event spaces and commercial properties. This, in turn, encourages real estate development and boosts the property market in India.
FAQs
Which are the best event management companies in India?
Some of the top event management companies in India are: Percept Limited Wizcraft International Entertainment Cineyug DNA Entertainment Networks
How much do event management companies charge in India?
The price varies depending on the event type and services required. Typically, event management companies charge anywhere from Rs 20,000 to Rs 5,00,000 or even higher.
What is the highest salary of an event manager?
The average salary for an Event Manager in India is Rs 10 LPA, with a starting salary of Rs 3.80 LPA and the highest recorded salary reaching 44 LPA.
Is there a future in event management?
Yes, there is a future in event management, with a growing demand for well-organised events and experiences.
What is the profit margin on events?
The profit margin on events can vary widely but is typically in the range of 10% to 40%.
Which state is best for event management?
There isn't one specific state that is considered the best for event management; it depends on factors like the type of events you specialise in and your target market. Popular states for event management in India include Maharashtra (Mumbai), Delhi, and Karnataka (Bangalore).
What are the benefits of an event management company?
Event management companies provide expertise, time-saving solutions, cost efficiency, creativity, stress reduction, customisation, and a higher likelihood of event success, making them valuable partners for planning and executing various events.
How big is the event management industry in India?
The event management industry in India is experiencing substantial growth, with a market size of $ 4.75 billion in 2023, projected to reach $ 8.71 billion by 2028.
How do events management companies impact the economy?
Event management companies generate income through organising events, conferences, exhibitions, and more. They create job opportunities, boost tourism, and stimulate local businesses such as hotels, restaurants, and transportation services.
How much do event management companies charge in India?
The charges vary from event to even based on factors like desired venue, number of guests, type of event, etc.
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