A project has been conceived on re-development of Pragati Maidan Complex, New Delhi. The proposal tentatively envisages development of 3,26,065 sq. mtrs of built-up area including 1,19,445 sq. mtrs of exhibition space, a Convention Centre with seating capacity of 7000 pax with number of different sized meeting rooms, space for public circulation, support facilities and parking space for about 4800 passenger cars in Phase-I of development plan. In Phase-II, further development of 86,255 sq. mtrs. of exhibition area is envisaged.
Under another proposal of Department of Industrial Policy and Promotion creation of a World Class State-of-the-Art Exhibition-cum-Convention Centre is planned in Dwarka, New Delhi. The proposed Exhibition-cum-Convention Centre will comprise a host of independent and mutually beneficial facilities like exhibition halls, convention centres, banquet halls, auditoria, arena, financial centre, hotels, Food & Beverage (F&B) outlets & retail services.
The project at Pragati Maidan is proposed to be implemented on EPC (Turnkey or Design Build) mode.
The period for completion of the project in Phase-I is envisaged as 36 months from the date of award of the project to the executing agency, subject to the statutory clearances.
The project at Dwarka is being developed in Public-Private Partnership, utilizing, if necessary, viability gap funding of Government of India. Completion of the project is dependent upon confirmation and approval of various activities needed to be undertaken with regard to implementation of the Project by respective authorities/agencies.
The proposed projects can become a key facilitator in making the NCR a globally competitive Meetings, Incentives, Conventions and Exhibitions (MICE) destination.
Exhibitions and conventions provide a strong stimulus to the domestic industries, including transportation, travel and tourism, catering and hospitality. The Convention and Exhibition industry has a multiplier effect of up to 2 to 6 times, depending upon the type of industry.
Exhibitions result in generation of employment, not only directly, but also through the growth in allied industries as a result of the economic stimulus propagated through exhibitions and conventions.
This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha today(25.04.2016).
Under another proposal of Department of Industrial Policy and Promotion creation of a World Class State-of-the-Art Exhibition-cum-Convention Centre is planned in Dwarka, New Delhi. The proposed Exhibition-cum-Convention Centre will comprise a host of independent and mutually beneficial facilities like exhibition halls, convention centres, banquet halls, auditoria, arena, financial centre, hotels, Food & Beverage (F&B) outlets & retail services.
The project at Pragati Maidan is proposed to be implemented on EPC (Turnkey or Design Build) mode.
The period for completion of the project in Phase-I is envisaged as 36 months from the date of award of the project to the executing agency, subject to the statutory clearances.
The project at Dwarka is being developed in Public-Private Partnership, utilizing, if necessary, viability gap funding of Government of India. Completion of the project is dependent upon confirmation and approval of various activities needed to be undertaken with regard to implementation of the Project by respective authorities/agencies.
The proposed projects can become a key facilitator in making the NCR a globally competitive Meetings, Incentives, Conventions and Exhibitions (MICE) destination.
Exhibitions and conventions provide a strong stimulus to the domestic industries, including transportation, travel and tourism, catering and hospitality. The Convention and Exhibition industry has a multiplier effect of up to 2 to 6 times, depending upon the type of industry.
Exhibitions result in generation of employment, not only directly, but also through the growth in allied industries as a result of the economic stimulus propagated through exhibitions and conventions.
This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha today(25.04.2016).
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