₹2,700 crore. Mint details the features of the new convention centre, which is one of the largest in the world. • The Pragati Maidan Ccomplex with a campus area of approximately 123 acres is India’s largest MICE (meetings, incentives, conferences, and exhibitions) destination.
It is among the world's top ten convention centres such as Hannover Exhibition Centre in Germany, and the National Exhibition and Convention Center (NECC) in Shanghai. • The site is owned by India Trade Promotion Organization (ITPO) and was being redeveloped by state-owned construction company NBCC (India) Ltd since 2017. Level three of the structure has a seating capacity of 7,000 people which is larger than the seating capacity of Sydney Opera House in Australia at 5,500.
• The exhibition halls offer seven spaces for showcasing products, innovations, and ideas. These provide a platform for exhibitors and companies to engage with their target audience, fostering business growth and networking opportunities. • The IECC is home to an amphitheater with a seating capacity of 3,000 people which is equivalent to three PVR theaters combined.
Besides, it has a parking capacity of 5,500 vehicles. • The facility, with an area of nearly 123 acres, was built after overhauling the old structures in the area and was developed at a cost of ₹2,700 crore. This is equivalent to nearly one-third of the Delhi government's budget size for FY23.
• The G-20 Leaders’ Summit will take place in Delhi on 9-10 September and will be chaired by India. The Group of Twenty (G-20) includes countries such as Argentina, Australia, Brazil, Canada, China, France, Türkiye, the UK and the US and the European Union. • The shape of the building is derived from the ‘shankha’ (conch
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