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Adani sets $2 bn for convention centre in Mumbai
Mint Mumbai
|November 20, 2024
The Adani Group is planning to spend around $2 billion to build Mumbai's largest international convention centre (ICC) near the international airport that it operates, two people aware of the matter said.
The Mumbai Metropolitan Region Development Authority (MMRDA) has okayed the centre's design, which covers its broad scope, while approval for the detailed blueprint is expected in two months, one of the two people cited above said.
The plan puts the conglomerate in direct competition with Reliance's Jio World convention centre which operates at Bandra Kurla Complex, a coveted corporate hub. Adani will build its own centre at the western suburb of Vile Parle, close to the airport, for maximum visibility. The group manages 11 airports in India.
This story is from the November 20, 2024 edition of Mint Mumbai.
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