India Energy Week to witness 35,000 attendees, 900 exhibitors: Hardeep Singh Puri

Petroleum Minister Hardeep Singh Puri said on the 2nd Edition of India Energy Week that is being organised in Goa from February 6-9, 2024 that the event is expected to witness 17 Energy ministers joining there from different countries. There will also be over 35,000 attendees and more than 900 exhibitors.

“I am pleased to share that this time we will have dedicated 6 country pavilions namely Canada, Germany, Netherlands, Russia, UK and USA,”  said Hardeep Singh Puri.

The Minister said that during IEW 2024, a special Make in India Pavilion is being organized with more than 300 exhibitors to showcase innovative solutions Indian MSMEs are spearheading in the energy sector. He said, with the number of domestic and international participants this gives them an unparalleled platform to demonstrate their abilities to both domestic and international markets.

Highlighting the increase in scale of the event as compared to first edition, the Minister noted that the number of exhibitors for this IEW 24’ is expected to be more than 900 (30% growth). There is 25% increase in exhibition area (IEW’24 – 18.5k sqm and IEW’23 15k sqm) resulting in 46% increase in revenue from exhibition, Hardeep Singh Puri said.

The IEW is just one year old, and the enthusiasm that we see including from international sponsors is very encouraging, the Minister said.

Noting the significant rise in private sponsorship, Hardeep Singh Puri informed that there has been 81% increase in total revenue from private firms and a 44% increase in number of private sponsors (IEW’24 – 13 and IEW’23 – 9) resulting in more than 3 times private sponsorship revenue than last year.

Building on the incredible success of 1st edition of IEW, the Minister noted that the duration and the number of strategic sessions of IEW’24 have increased from 3 to 4 days.

“Four new technical categories have been added including Shipping, Logistic & Supply Chain, Manufacturing & Industrialization, Future Mobility and Mining & Minerals in line with domestic priorities”, noted Hardeep Singh Puri.

Speaking at the event, the Minister also talked about the importance of biofuels, green Hydrogen especially in context of growth of country’s economy in coming years. He said that today the country’s GDP is over 4trillion, and by end of fiscal year 2025, we should be a 5 trillion economy. Growing economy consumes more energy and that energy is also witnessing a shift towards sustainable energy, he said.