Despite the economic slowdown, Advertising Agencies Association of India (AAAI) and Ad Club Mumbai have decided to go ahead with the biggest event in the advertising industry – GoaFest 2009.

The honchos and bigwigs from the advertising world would get together in the land of sand and sun during 2nd-4th April 2009. Delegates would also include media professionals and clients. Advertising gurus or prominent speakers would deliberate in a knowledge session packed amongst eminent people from the related industry.  The event will be held at the Cavelossim beach, Goa.

However, it is a question mark how many companies will participate this year. Considering companies are working on tight budgets, it will be no surprise if the turnout isn’t as impressive as in the past. According to the news release, O&M, that has been associated with this event over years has declined its involvement this year in the light of the market recession or reasons unknown.

Anyways, here’s wishing all the participants all the very best for the Abby award ceremony.

cheers!