In order to set up the country’s largest exhibition-cum-convention centre at Dwarka in south-west Delhi, the Union government has decided invest Rs.26,000 crore and launch a special purpose vehicle to complete the project as quickly as possible, said a senior official in the Department of Industrial Policy and Promotion (DIPP), elaborating that the SPV is being jointly formed by the Niti Aayog, the Urban Development Ministry and the Departments of Economic Affairs and Expenditure together with DIPP. Among other initiatives, the trunk infrastructure for the project is being prepared at a rapid pace and will soon be able to award specific projects. The government had in September allowed the transfer of 89 hectares of land from the Delhi Development Authority to the DIPP for the proposed project. As the government expands its manufacturing capacity through economic zones and industrial corridors, it is imperative that it simultaneously build platforms for business exchanges between domestic producers and global buyers. The proposed facility with 6,000 seating capacity, 10 exhibition halls, 3,500 hotel rooms and retail space will be one of the largest projects of its kind in South Asia and will be designed to host 5,000-10,000 delegates and have 200,000 sqm of space for various activities.
📅Published on:
12 April 2017
🔗Share:
We Value Your Comment
⭐How useful is this information?
Submitting...
03
Thanks for your rating! ✌️ We’d love to hear more - share your thoughts by leaving a comment
Allcargo Logistics Limited has announced its initiative to enable FMCG companies to navigate increasingly fragmented inventory flows through integrated,
GHV Infra Projects Limited has secured a road construction and civil works contract worth Rs 815 crore from APCO Infratech Private Limited in Maharashtra.
JCB India announced the inauguration of a new facility of its dealer, Caculo Earthmovers in Karaswada, North Goa, further strengthening its presence in the
The Godhra–Vadodara section of the Delhi–Mumbai Expressway has been completed and opened for traffic on a trial basis from April 13, 2026, according to the
The Rajasthan State Industrial Development and Investment Corporation will invest Rs 1,200 crore to upgrade infrastructure across more than 450 industrial
Dubai has completed its first air taxi station near Dubai International Airport, marking a major step toward launching electric air mobility services later
Informa Markets in India is gearing up to host the 23rd edition of Roof India, Asia’s premier exhibition for roofing and allied products, from 23–25 April 2026
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.
