A new three-day event entitled the ‘Indian Ocean Yachts & Superyachts Forum’ is scheduled to be held from December 6-8, 2018 at the Royal Bombay Yacht Club in Mumbai. The new event is being organised by the Indian Marine Federation (IMF) and the UK event organiser, Quaynote Communications.

The organisers anticipate that this new event will throw a much-needed spotlight on the yacht sectors across the whole of the Indian Ocean comprising such markets as India, the Seychelles, Maldives, the Gulf, Sri Lanka and South East Asia. The organisers are hopeful that the event will attract delegates from India, Asia, the Middle East, Europe and further afield.

“There is vast potential for the yacht industries in India and across the region that is just waiting to be tapped”, explains Aashim Mongia of the IMF. “We encourage industry leaders from around the globe to attend ‘The Indian Ocean Yachts & Superyachts Forum’ to find out more about the opportunities for their organisations and to share their expertise.”

Quaynote is known for its annual superyacht events held in locations such as Malta and Athens. This Indian Ocean event will be a new development in the company’s events programme and it is enthusiastic about staging their first superyacht conference in India.

“There is a lot of unsung activity – and not just cruising grounds – across the Indian Ocean,” comments Alison Singhal, director at Quaynote. “In this forum, we plan to explore the possibilities for yachts and superyachts in India, Sri Lanka, the Maldives, the Seychelles and the Gulf.”

Attendees at The Indian Ocean Yachts & Superyachts Forum can look forward to hearing about issues crucial to industry professionals in the Indian Ocean and to outside investors alike.

Topics covered will include:

  • Infrastructure, A vision for India’s growth as a superyacht destination and hub
  • Legislation & Tax, the Indian Ocean as a superyacht destination and hub
  • Yacht Security in the Indian Ocean
  • Superyacht Tourism as an economic driver

“One of the objectives of the forum is to establish an open dialogue between political and industry leaders, on how best to stimulate yachting industries in the region as well as examining current policy and the regulatory environment,” concludes Avnish Dhall, whose company, Monjin Interviews, is officially supporting the conference.

The Indian Ocean Yachts & Superyachts Forum is aimed at yacht brokers, marina operators, yacht managers, lawyers, corporate service providers, yacht associations and all yacht and superyacht professionals with an interest in future growth in the Indian Ocean region.

The annual Asia Pacific Superyacht Conference (ASPC), held in conjunction with the Singapore Yacht Show, has been monitoring progress in a number of the Indian Ocean states in south-east Asia for several years. This event too has held the same ambition as the new forum of bringing political and industry players together.

While a good ambition, achieving it is no small challenge, as the APSC can readily verify. Building awareness about the recreational marine industry is a necessary forerunner in several of the countries in the region.