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Leading travel show in Asia, 2024 edition of OTM receives an overwhelming response from global tourism markets

With 50 percent increase in scale, already registers 95 percent sold-out exhibition space
Connects 35,000 travel professionals, 1600+ exhibitors across 60 countries and 30 Indian states/UTs

MUMBAI, India, Jan. 24, 2024 /PRNewswire/ — OTM 2024, the leading travel show in Asia, scheduled from 08-10 February 2024 at the Jio World Convention Centre, BKC, Mumbai, is all set to bring together an impressive lineup of over 1600 exhibitors and more than 35,000 industry professionals from 60+ countries and 30 Indian States & UTs. Uniting new exhibitors and global destinations, the event will see the debut of new countries in the Indian market via OTM. Additionally, destinations that have previously been promoted in India are making a substantial impact by showcasing themselves with larger pavilions. The show size has grown by over 50 percent compared to its 2023 edition.

Amidst and post-pandemic, domestic travel became a crucial pillar for the hospitality industry, persisting as local travelers stepped in to compensate for the absence of international visitors. Following the reopening of international travel post-pandemic, Indian explorers displayed an insatiable appetite for new experiences. Despite facing visa obstacles and disruptions in some countries, their unwavering enthusiasm remained undiminished.

The journey of OTM mirrors India’s remarkable surge in domestic and outbound travel. With a notable increase of 10 million outbound travelers in 2023 compared to the previous year, the Indian market demonstrated resilience and vitality. Analysts predict that collective spending on outbound trips will surpass $42 billion by the end of 2024, solidifying India’s position as one of the most lucrative outbound tourism markets globally. This significant growth sets the stage for OTM 2024, positioned to shape the future landscape of the travel industry.

This year’s edition has already achieved a groundbreaking 95% sold-out exhibition space, a testament to its focus on quality when it comes to networking and the overall trade show experience. Tourism boards and private stakeholders from more than 60 countries are expected to participate, showcasing a diverse range of global and domestic travel offerings across two separate exhibition floors of over 250,000 sq. ft, including 35+ country pavilions in the three-day expo.

The largest international pavilion at OTM 2024 will be from Saudi Arabia, with Sri Lanka, Malaysia, Qatar, Bahrain, Morocco, the Maldives, and Azerbaijan following suit. Among the Indian States, Uttarakhand takes the lead in size, closely followed by Kerala, Gujarat, Jammu and Kashmir, Himachal Pradesh, and others. In the private sector, some of the most substantial pavilions are from Travel Boutique Online, followed by NEOM and Tripjack. (List of participating countries at the end)

This year’s edition of OTM, the most impactful one to date, is aimed to foster invaluable connections within the travel industry, offering a platform for exhibitors to engage with a varied audience comprising vetted travel agents, tour operators, MICE & corporate buyers, wedding planners, and film, TV & OTT producers. The event presents a unique opportunity for businesses to tap into the expansive Indian market, which represents a significant portion of domestic and outbound travel. In addition, OTM hosts over 300 qualified trade buyers nationwide, with 150+ attendees specifically hosted from Delhi NCR, showcasing the extensive reach and potential of the event. Travel trade buyers from across India have registered as visitors, set to engage with thousands of sellers during the three-day exhibition.

“98 percent of our exhibitors in 2023 stated that OTM effectively connects them with their desired business audience. The event has emerged as the leading travel trade show in not only India but all of Asia in 2023. OTM 2024 has consolidated further on this lead, with the show growing approximately by 50% in the area and revenues,” said Sanjiv Agarwal, Chairman & CEO of Fairfest Media Ltd. (organisers of OTM).

He further added, “The pandemic shock and geopolitical shifts thereafter have put India on a sweet spot in both, domestic and outbound travel, which is reflected in the unprecedented growth of OTM 2024. World class facilities at the recently opened JWCC have also helped immensely.”

According to a survey recently conducted by Ipsos, the world’s third-largest market research agency, OTM is voted the Leading Travel Show in India and across Asia in 2023. It surpassed its competition, with 62 percent of respondents acknowledging it as the top show in India and 50 percent recognizing it as the premier event in Asia. Additionally, 77 percent rated OTM positively, considering it equal to or better than some of the leading international exhibitions.

What our partners have to say:

“We’ve been participating in OTM for many years. It is a great opportunity that provides us and various stakeholders including tour operators, travel agents, hoteliers, and even homestay owners from Uttarakhand to interact, network and showcase offerings to trade buyers from participating states and countries. We expect OTM 2024 to be bigger and better than previous years. This year we would like to introduce our new initiatives like Himalaya darshan by helicopter, adventure tourism in the state as well as an update on the special train promoting hidden gems in Uttarakhand especially the Manaskhand (Kumaon) region,” said Shri. Sachin Kurve, IAS, Secretary, Department of Tourism, Government of Uttarakhand & CEO, Uttarakhand Tourism Development Board.
“We’ve been associated with Fairfest Media, the organizers of OTM since 2017. OTM is one of the largest travel shows in India. This year’s event is being held at the Jio World Convention Centre in Mumbai with countries like Azerbaijan, Bahrain, Turkey, Portugal among others participating as exhibitors. I truly feel that OTM is a must attend event for MICE operators, travel agents, wedding planners, for a truly holistic global experience,” said Mr. Gajesh Girdhar, National Coordinator, Network of Indian MICE Agents (NIMA).
“Travel and destination weddings go hand-in-hand, and OTM is the platform where the two meet. Great energy, lots of conversations, and meaningful networking!” echoed Mr. Parthip Thyagarajan, CEO, WeddingSutra.
“OTM for us as a company is very meaningful. It has helped us to meet a lot of buyers serving in the market especially west of India. The networking and the time spent at the event helps us in building our relationship further. You meet some new customers, suppliers, or the people you’re working with. For me, it’s a festival of the travel industry. I’m very excited to be there for three days. OTM 2024, especially now with Jio, the whole execution and the aura of the event has completely changed since the event happened last year and I’m sure the event will be big in 2024. The event is getting extremely strong in the outbound plus inbound and domestic as there are people willing to travel more and more. I think India plays an extremely important role in the outbound ecosystem. It will only grow from here on and I believe everyone wants a piece of India. Hence, I truly believe OTM is going to be the biggest show when it comes to supply and exhibitors in the recent years of OTM. This year like all years will be a fruitful productive year for everybody,” said Mr. Ankush Nijhawan, Co-Founder, TBO.com.

List of participating countries:

Azerbaijan Tourism Board
Bahrain Tourism & Exhibitions Authority
Bangkok Metropolitan Authority
Bhutan Tourism
Cambodia Tourism
Cuba Tourist Board
Egyptian Tourism Authority
ENIT Italy
Greek National Tourism Organisation
Tourism Fiji
Israel Tourism Board
Korea Tourism Organization
Karelia Tourism (Russia)
Mauritius Tourism Promotion Authority
Malaysia Tourism Board
Maldives Marketing and PR Corporation
Ministry of Culture & Tourism, Republic of Indonesia
Visit Morocco
Nepal
Tourism Promotions Board Philippines
Polish Tourism Organisation
PROMPERÚ
Qatar Tourism
Rwanda Tourism Board
Saudi Tourism Authority
Sri Lanka Tourism Board
Seychelles Tourism Board
Taiwan Tourism Administration
This is Athens-Convention & Visitors Bureau
Tourism Authority of Thailand
Turkiye Tourism Promotion and Development Agency

amongst others, in addition to exhibitors from 30+ Indian States & UTs.

About OTM:

OTM Mumbai is The Leading Travel Show in Asia. Each year, OTM brings together India and Asia’s travel community under one roof. 35,000 travel and tourism professionals, Tourism Ministers, CEOs of travel brands, and businesses from over 80 countries and all Indian States attend OTM each year. OTM 2024 is scheduled to be held at the world-class Jio World Convention Centre in Mumbai on the 8th, 9th and 10th of February 2024. OTM is organised by Fairfest Media Limited. (https://otm.co.in/)

About Fairfest:

With clients from over 100 countries, Fairfest is a leading media company providing world-class platforms for doing business in one of the fastest-growing markets in the world – India. Established in 1989, Fairfest organises the industry-leading TTF and OTM international travel fairs for the rapidly expanding tourism industry, as well as Municipalika, a leading event on municipal management and sustainability.Fairfest also runs DailyBrief, one of India’s highest-rated news apps and publishes Travel News Digest (TND), collating the world’s relevant news for the travel trade fraternity. (https://fairfest.in/)

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Herbalife India Launches New Podcast Series – Live Your Best Life, Unscripted

The debut episode explores holistic wellness, mental resilience, and performance strategies with renowned sports scientist and high-performance coach Shayamal Vallabhjee.

BENGALURU, India, April 17, 2025 /PRNewswire/ — In a world where wellness conversations are often reduced to diet fads and fitness trends, Herbalife India, a premier health and wellness company, community and platform is bringing a refreshing change with the launch of its brand-new podcast series — ‘Live Your Best Life, Unscripted’.

Designed as an honest, inspiring, and insightful platform, the podcast brings together experts, athletes, and thought leaders to share their journeys, insights, and lessons on holistic well-being — not just physical fitness, but also mental resilience and emotional balance.

The series is hosted by Ajay Khanna, Managing Director of Herbalife India, who leads engaging conversations with personalities known for their contributions to health, wellness, and performance.

Kicking off the series is an insightful episode featuring Shayamal Vallabhjee — a celebrated sports scientist, high-performance coach, and author. With over two decades of experience working with elite athletes and teams worldwide, Shayamal offers a fresh perspective on what it really means to live a balanced life.

From his experiences growing up in South Africa to living as a monk, Shayamal shares how discipline, mental strength, and spirituality shape both performance and overall well-being. The conversation also explores the role of technology, the importance of gut health, mindful eating, and perhaps most importantly — self-compassion.

Speaking on the launch of the podcast, Ajay Khanna, Managing Director, Herbalife India, said:

“At Herbalife, we believe wellness is a lifelong journey—one that goes beyond counting calories or tracking fitness goals. Live Your Best Life, Unscripted is our way of fostering real, thought-provoking conversations that inspire people to embrace a more holistic approach to health. Through this podcast, we hope to empower listeners with insights from experts and changemakers, encouraging them to prioritize not just physical well-being, but also mental resilience and emotional balance.”

The podcast is available in both video and audio formats — making it easy for viewers to tune in from anywhere.

Watch the Full Episode on Herbalife’s YouTube Channel

https://youtu.be/4FejO3wdSRI

Prefer Audio? Listen to the Podcast here: Apple Podcast:

https://podcasts.apple.com/us/podcast/live-your-best-life-unscripted/id1808386057

Spotify Podcast: https://open.spotify.com/episode/5dn8QAS0Ods24TVLxyeYsS?si=oeD3ZkONQFqzzs4aeU1w6A

Amazon Music:

https://music.amazon.com/podcasts/a53233b6-84b5-43ce-a34a-5230c769168b/episodes/e153ee13-3174-456b-923a-98ed191c21c5/live-your-best-life-unscripted-the-science-of-wellness-with-shayamal-vallabhjee-live-your-best-life-unscripted

This is just the beginning. New episodes of Live Your Best Life, Unscripted will continue to feature inspiring voices from the world of sports, nutrition, and wellness.

Herbalife

(NYSE: HLF) is a premier health and wellness company, community and platform that has been changing people’s lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers science-backed food products to consumers in more than 90 markets through entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires their customers to embrace a healthier, more active lifestyle to live their best life.

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Mitsubishi Heavy Industries joins Infosys-led JV in Japan, HIPUS

JV to accelerate business process transformation for enterprises leveraging digital procurement platforms

BENGALURU, India and TOKYO, April 17, 2025 /PRNewswire/ — Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, today announced Mitsubishi Heavy Industries (MHI) has invested in the Infosys-led Joint Venture HIPUS, enhancing Infosys’ presence in Japan. MHI is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense, and has established corporations like Hitachi Ltd., Panasonic Corporation and Pasona.

HIPUS, in which Infosys owns a majority stake, was set up in 2019, to drive high-quality, end-to-end procurement processes along with sourcing and category expertise, leveraging next-generation digital platforms for Japanese corporations.

MHI has been a longstanding customer of HIPUS and has now expanded the collaboration by acquiring a 2 percent stake from Infosys. Through this investment MHI aims to further explore new business opportunities in the region.

Anantha Radhakrishnan, CEO and MD, Infosys BPM, and Chairperson, HIPUS Board said, “Japan continues to be a strategic market for Infosys and HIPUS and we have consistently expanded our footprint in the region. This collaboration with MHI reinforces Infosys’ commitment towards building trusted collaboration with customers in Japan and accelerating their digital business process transformation journey. Infosys is excited to welcome Mitsubishi Heavy Industries to HIPUS.”

Isao Miyake, Head, Value Chain Headquarters, Mitsubishi Heavy Industries, said, “In our company’s ongoing efforts to upgrade procurement activities through a data-driven strategy, we expect HIPUS advanced analytics and support to significantly improve procurement operations, enable well informed decision making, and generate greater value across the organization.”

Kiyoshi Asami, CEO and Representative Director, HIPUS, said, “MHI has become an important client for HIPUS receiving a wide range of services. HIPUS is also executing MHI services beyond Japan, leveraging Infosys’ global presence as well as its strong sourcing and procurement services. We are extremely delighted that MHI has decided to invest in HIPUS and we look forward to an impactful collaboration.”

The transaction is expected to close during the first quarter of fiscal year 2026 (i.e. quarter ending June 30, 2025), subject to customary closing conditions.

About Mitsubishi Heavy Industries (MHI) Group

Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com

About HiPUS

HIPUS Co., Ltd. promotes business process transformation and provide total procurement solutions with the procurement know-how cultivated over many years in the Hitachi Group as our business core. Since April 2019, Infosys has become our parent company, and we provide new, cutting-edge services that combine global knowledge and domestic skills in procurement processes, consulting, analytics, Gen AI, and other digital technology services. For more information, please visit https://www.hipus.com.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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The Core and Algorand Foundation Kickoff ‘Build on Blockchain’ Series

The strategic content partnership is aimed at delivering insightful, high-impact content at the intersection of business, technology and blockchain for industry leaders and innovators.

MUMBAI, India, April 17, 2025 /PRNewswire/ — The Core, a leading digital business journalism platform in India is pleased to announce a strategic content partnership with pioneering blockchain technology company Algorand Foundation. The partnership will see expansive coverage of the evolving Web3 ecosystem through integrated podcasts, newsletters and video content. This collaboration comes on the heels of The Core recently completing 500 episodes of its flagship daily business podcast, The Core Report.

Algorand, founded by MIT professor and Turing Award winner Silvio Micali, is an energy-efficient, quantum-secure, single-layer blockchain with instant finality, consistently high throughput and low fees. Since its launch in 2019, Algorand has revolutionized industries, such as finance, supply chain, and digital identity offering an advanced proof-of-stake blockchain infrastructure that facilitates fast, secure and sustainable transactions. With a growing network of developers and enterprises leveraging its technology, Algorand is driving real-world adoption of blockchain solutions across the globe.

The collaboration between The Core and Algorand Foundation will showcase business challenges that can be solved by building on blockchain technology versus Web2, such as faster remittance, efficient identification and tracking provenance. It will highlight Algorand Foundation’s efforts to engage with universities, including the establishment of over 50 university blockchain clubs and the launch of developer training programs in collaboration with NASSCOM. The podcast series titled ‘Build on Blockchain’ will release weekly segments capturing domain experts who are building their products and solutions on blockchain, case-studies, etc. These initiatives aim to equip young Indian developers with skills in blockchain technology, fostering innovation and financial inclusion in the region.

Launching this new partnership, Anil Kakani, Vice President and India Country Head at Algorand Foundation, said “At Algorand, we believe in the power of blockchain to drive innovation and greater financial inclusion. Our partnership with The Core will amplify conversations with Web3 pioneers from India and around the world who are driving blockchain adoption and its transformative potential across industries.”

Govindraj Ethiraj, Founder & Editor of The Core, said, “Partnering with Algorand Foundation enables us to learn from and engage with cutting-edge technology, while also sharing real-time developments with our audience of decision-makers and industry leaders.”

This partnership with Algorand Foundation follows another recently concluded tech-content partnership between The Core and IT industry body NASSCOM for a podcast series titled ‘NASSCOM Conversations‘. Launched in 2023, The Core Report delivers sharp, insightful analysis on India’s economy, markets, regulations and technology’s transformative role in industries. Crafted for CXOs, business professionals and policymakers, the podcast has built a strong reputation as a go-to resource for in-depth discussions featuring prominent industry leaders, including A S Sahney, Chairman, Indian Oil; Nandan Nilekani, Cofounder, Infosys; Rajesh Nambiar, President, NASSCOM; Saugata Gupta, MD & CEO, Marico Ltd; Mark Mobius, Founder, Mobius Capital Partners LLP and many more.

For more details on The Core Report, visit: www.thecore.in; for Algorand Foundation, visit: www.algorand.com

About The Core:

The Core is a leading insights platform delivering sharp analysis and expert perspectives on India’s economy, finance, and technology. Through its flagship The Core Report, it provides concise, high-impact updates on markets, businesses, tech and policies that shape the nation’s future. Created for decision-makers and industry leaders, The Core distils complex developments into actionable intelligence.

The Core’s team of experienced journalists is led by financial journalist Govindraj Ethiraj who has reported and written on Indian business for over 25 years. More details on The Core at: https://www.thecore.in/; LinkedIn: @TheCore; Instagram: @the.core.in; X: @the_core_in; Facebook: @TheCore.in; YouTube: @thecore_in; Spotify: The Core Report

About Govindraj Ethiraj:

Govindraj Ethiraj is a television & print journalist & Editor of www.thecore.in as Editor. Previously, he was Founder-Editor in Chief of Bloomberg TV India, a 24-hours business news service launched out of Mumbai in 2008. Prior to setting up Bloomberg TV India, he worked with Business Standard newspaper as Editor (New Media). He also spent around five years each with CNBC-TV18 & The Economic Times. He is a Fellow of The Aspen Institute, Colorado, a McNulty Prize Laureate 2018 & a winner of the BMW Foundation Responsible Leadership Awards for 2014.

About Algorand Foundation:

Algorand’s mission is to power a world where information has integrity and innovative ideas can scale. The Algorand Foundation supports Algorand’s rapidly growing ecosystem by providing a best-in-class developer environment, supporting key infrastructure and setting technical standards, offering comprehensive support to builders and entrepreneurs and providing the framework for decentralized governance.

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