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21/04/22 07:40 AM IST

India International Convention & Expo Centre (IICC) in Dwarka

In News 
  • Union Minister of Commerce & Industry, Consumer Affairs and Food & Public Distribution and Textiles, Shri Piyush Goyal visited the upcoming India International Convention & Expo Centre (IICC) in Dwarka, Delhi.
About IICC
  • The IICC is a flagship project of Government of India and is being developed to create state-of-the-art and world class Exhibition and Convention Centre to promote Meetings, Incentives, Conferences and Exhibitions (MICE) activities in India.
  • The Foundation Stone for the project was laid by the Prime Minister Shri Narendra Modi on September 20, 2018. 
  • The project is planned over an area of 89.72 Hectare in Sector 25 Dwarka, New Delhi with a total FAR of 10.70 lakh square metres (sqm) comprising of Convention Centre (to accommodate 11,000 persons).
  • The project will be developed in two Phases. 
  • Kinexin Convention Management Pvt Ltd., a consortium of Korea International Exhibition Centre (KINTEX) and eSang Networks Company Limited, has been appointed as the Operator for Exhibition and Convention Centre for operating and managing the venue for 20 years for post Commercial Operations Date (COD). 
Benefits 
  • Development of the IICC and supporting components will help India grab a bigger slice of the world market share of hosting major international events and exhibitions.
  • It is expected that the IICC will help increase India’s share to around 13% by 2024 and bring New Delhi in the league of Shanghai, Hong Kong and Singapore in the sphere of exhibition market.

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