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MCI expands Indian operations and acquires Megaron
Friday, June 13, 2008
MCI, the leading global association, communications and event management company announced the acquisition of Megaron - a leading marketing support and event management company in India.  In addition to the current MCI office in Mumbai, MCI will open new offices in Delhi and Bangalore through this acquisition, giving the company a unique presence in this growing market.
 
‘India is a major strategic market for MCI and we are delighted to expand our business with the acquisition of Megaron’
, says Roger Tondeur, President of MCI, ‘we see great growth potential in this market and Megaron brings some excellent new talent to our company’.
 
The founders of Megaron, Priti Khanna and Nisha Sharma Mullatti, will become active partners of MCI at the global level. Both will be joint managing directors of MCI India together with Sanjay Saxena, Managing Director of MCI Mumbai.  Nisha, based in Singapore, will take on an additional role as Asia Pacific Sales Director.  ‘We are delighted to join an industry leader like MCI’, says Priti, ‘this merger will bring new opportunities for our staff and new services to our clients’.  Nisha adds: ‘With the economic growth in India and to meet the event needs of our clients at a global scale, we have been looking for an international associate and MCI is the ideal partner for us’.
 
Megaron currently employs 25 people, who will all be joining MCI.  Besides event management, Megaron’s strong creative team also provides graphic, collateral and web design services, which are all further assets for MCI. Some of Megaron’s major clients include Illy, Hewlett-Packard, Turner International, Timex, ING and Seagate. 
 
We are very pleased with the reception our Mumbai office has had since its opening in September last year. We already work with several international associations and are also developing some strong relationships with Indian companies’, says Robin Lokerman, President MCI Asia Pacific, ‘Megaron, with its track record in providing high quality services to corporations, is a perfect match with MCI’s current association business.  We are ready to grow the company significantly over the next few years’.
Theodore Koumelis - Friday, June 13, 2008
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Poll
How do you expect luxury travel to perform in times of economic downturn?.

Providers of luxury travel products are going to witness shorter stays by their customers and an increase in seasonality.

People are going to become more value conscious and will opt for those luxury offers that represent a convincing value-for-money proposition. Providers of overpriced services are those to feel the pinch.

Both people paying for their personal trips and firms paying for their top executives' business trips will cut back on travel expenses, thus affecting all luxury travel providers.

It is going to be business as usual. Those people opting for high-end travel products are not going to be affected by the looming crisis.

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