Corporate gifting industry hits $75 billion as Quest Asia Expo opens in Hyderabad

Hyderabad: The corporate gifting industry in India has reached a valuation of $75 billion and is projected to touch $90 billion within two years, said K. Suresh Kumar, President of Aurobindo Pharma Associates.

He made the statement on Friday during the inauguration of the Quest Asia Gifts & Stationery India Expo at HITEX Exhibition Centre in Hyderabad. According to him, the sector’s growth is strongly linked to the rise of IT and corporate industries especially in Hyderabad.

Kumar highlighted that Hyderabad is home to over 500 software and IT companies. In addition, it has more than 2,400 pharmaceutical firms and labs, along with several banks and multinational corporations. As a result, the city’s dense corporate ecosystem has nurtured a robust gifting culture, turning it into a thriving business segment.

Expo showcases wide product range for business and individual buyers

Expo Galaxia is hosting the exhibition in Hall No. 1 at HITEX. Now in its fifth edition, the event will run until Sunday, February 8. Visiting hours are from 10:00 AM to 6:00 PM.

The exhibition features a broad selection of products sourced from across India. These include leather goods, travel bags, smartwatches, corporate gifts, stationery, T-shirts, lifestyle items, and healthcare products. It also displays decorative articles and branded merchandise. Moreover, the product range spans from budget options to premium selections.

Rakhi Mukherjee, founder director of Expo Galaxia, said the expo combines gifts, handicrafts, stationery, and tech-driven products. It targets both corporate buyers and retail consumers looking for gifting solutions.

She also noted strong attendance from IT professionals, MNC employees, and general visitors. Many were drawn by the variety and creativity on display.

GACS President Praveen Upadhyay took part in the event, along with Expo Galaxia representatives Srikanth and Dev.