Abstract:
Convention centres are a subject of significant importance for research in various fields, including economics, politics, and social studies. However, there is a lack of literature in this area, covering aspects such as feasibility, funding, design, construction, operations, and marketing. The historical development of convention centres has proven crucial for the economic growth of cities. The proposed convention centre aims to cater to the general public and industrial units, offering facilities for conventions, training programs, and entertainment activities. Over the past decade, tourist arrivals in India have consistently increased, and the Meetings and Conference market segment has been identified as a new area for growth. While recent convention centre developments like the Hyderabad International Convention Centre (HICC) and the Mahatma Mandir in Gandhi Nagar have made strides in India, they do not compete with larger international developments. Hence, the absence of an international convention centre in Pune makes this project one of the most ambitious ventures not only in the city but also in the entire country. Establishing the convention centre will contribute to the region's entrepreneurial spirit by providing a unified platform to showcase Indian goods and products at both national and international levels. It will create numerous opportunities for entrepreneurs, importers, and exporters to network with peers from India and abroad. This interaction will enable direct exposure to potential customers and propel businesses to new heights.
