Question : Setting Up New Trade Fair Complexes

(a) whether the Government is considering to set up new trade fair complexes in various States of the country;
(b) if so, the details thereof;
(c) the time by which such complexes are likely to be started by the Government along with the details thereof; and
(d) the details of the funds likely to be spent by the Government thereon?

Answer given by the minister

THE MINISTER OF COMMERCE AND INDUSTRY
(SHRI PIYUSH GOYAL)
(a) to (d): The Department provides financial assistance for setting up export infrastructure including International Trade Promotion Centres, under the ‘Trade Infrastructure for Export Scheme (TIES)’, as and when proposals are received from the eligible agencies.

The Department has approved financial assistance for following project proposals, similar to Trade Fair Complexes, under the ‘Trade Infrastructure for Export Scheme (TIES)’ submitted by various State Government Agencies: -

S. No. Name of Project Implementing agency Total Project Cost/ Time schedule indicated by implementation agency
1. Establishment of Main Exhibition Building (Phase II) at Trade cum Permanent Exhibition Centre at Imphal, Manipur
Manipur Industrial Development Corporation (MANIDCO), Government of Manipur • Total Project Cost – Rs. 15.86 cr.
• 80% complete.
2. Expansion of Chennai Trade Centre, Tamil Nadu
Tamil Nadu Trade Promotion Organisation • Total Project Cost – Rs. 288.16 cr.
• Ongoing
3. Establishment of Trade Promotion Centre at Minto Hall, Bhopal, Madhya Pradesh
M.P. State Tourism Development Corporation • Total Project Cost – Rs. 49.39 cr.
• Completed.
4. World Trade Centre, Ranchi
JIIDCO, Govt. of Jharkhand • Total Project Cost – Rs. 44.60 cr.
• Ongoing
5. Establishment of Export Trade Facilitation Centre, Chennai
SIPCOT, Government of Tamil Nadu • Total Project Cost – Rs. 28.96 cr.
• Approved recently.

The development of Exhibition-cum-Convention Centre (ECC), Dwarka, New Delhi has been approved by Union Cabinet in its meeting held on 10th November, 2017 at an estimated cost of Rs. 25,703 crore with timeline of completion by year 2025 in a phased manner. The Government of India has approved budgetary support of Rs. 2037.39 crore for the Phase-I of the project.

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