In 1995 Mr. Kirit Budhbhatti from Istar, an Education Institute under Sardar Patel University in India had a vision to sponsor an International Conference for Plant and Machinery valuers (ICVPME).
In 1998 he organized the first ever International Conference on the Valuation of Plant, Machinery and Equipment in Anand, India. Subsequently, on a biennial basis there have been conferences held in Kuala Lumpur, Sydney, Hong Kong, London, San Francisco, Beijing and upcoming at St. Petersburg.
Speakers from around the world come to talk on a wide variety of topics. Previous conferences have received unanimous rave reviews from every delegate.