The Adani Group is set to invest approximately $2 billion in constructing Mumbai’s largest international convention centre near the city’s international airport.
This strategic move positions Adani in direct competition with Reliance Industries’ Jio World Convention Centre, located in the Bandra Kurla Complex, a prime business district.
The proposed convention centre will span 1.5 million square feet, accommodating up to 20,000 attendees. It will feature 1.2 million square feet of indoor space and a five-star hotel with 275 rooms. In contrast, the Jio World Convention Centre currently covers 1 million square feet.
The Mumbai Metropolitan Region Development Authority (MMRDA) has, apparently, approved the initial design, with detailed blueprints expected to receive approval within two months.
The facility’s proximity to the international airport aims to enhance accessibility and visibility for global events.
This development underscores the growing demand for world-class convention facilities in India, reflecting the country’s expanding role in the global MICE (Meetings, Incentives, Conferences, and Exhibitions) industry. By challenging the dominance of the Jio World Centre, Adani Group is fostering healthy competition in the sector.
As both conglomerates vie for prominence in Mumbai’s convention space, the city is poised to become a leading destination for international conferences and exhibitions, further boosting its economic and cultural landscape.
As of now, there are no publicly available quotes from Gautam Adani specifically addressing the planned international convention centre in Mumbai. However, his general business philosophy emphasizes the importance of innovation and risk-taking. This perspective aligns with the Adani Group’s recent ventures.
