India Plans to Build a World-Class Convention Centre

Occupying an area bigger than Connaught Place, a bui lding wi th a facade architecturally designed to look like the traditional folded hand Indian greeting, with a price tag of $4 billion, the India International Convention and Exhibition Centre (IICC), the country’s first world class official venue can hold big events like a G-20 summit. The nearly 90 hectare IICC has been planned as a venue that will not just allow India to hold multilateral state events in style but also become an option for global convention and exhibition events in the private sector. India Plans to Build a World-Class Convention Centre This is estimated to be a $280 billion business annually and India, after IICC is built, can compete with other Asian countries for a slice of this pie, officials said. Besides, the convention centre, the multi-purpose arena will have a capacity to host 20,000 people. The union cabinet had on November, 2017 approved development of the exhibition cum convention centre. Subsequently, a new government company as a special purpose vehicle — Indian International Convention and Exhibition Centre — was incorporated for implementation of the project.