Union Minister of Commerce and Industry Piyush Goyal visited the upcoming India International Convention and Expo Centre (IICC) at Dwarka in Delhi and reviewed its progress. Mr Goyal directed the officers and implementing agencies to expedite the works for completion of the Phase-1 of the project in a time-bound manner.
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 activities in India. The Foundation Stone for the project was laid by the Prime Minister Narendra Modi in September 2018. The Union Minister added that it will serve as a major economic driver helping India capture a larger share of global meetings, incentives, conferences and exhibitions market.
Mr Goyal said, 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 per cent by 2024 and bring New Delhi in the league of Shanghai, Hong Kong and Singapore in the sphere of exhibition market.
