Mumbai’s BCEC to be redeveloped

News this week: According to The Times of India, India’s largest privately-owned venue, Bombay Convention & Exhibition Centre (BCEC), will undergo a US$277 million redevelopment. Although a timeframe was not given, it was reported that clearance was recently received from the Maharashtra state environmental appraisal committee.

BCEB was built in 1991, and is owned by engineering group, NESCO. The venue is currently made up of four exhibition halls providing a total gross indoor exhibition space of more than 40,000 m². The redeveloped venue will reportedly consist of four 11-storey buildings which will house offices as well as two exhibition and convention centres.

The addition of venue space at BCEC will further add to a changing venue landscape in Mumbai. Indian conglomerate, Reliance Industries, reportedly began construction on a new mixed-use property in Mumbai last year that includes exhibition facilities. The Dhirubhai Ambani Convention & Exhibition Centre will reportedly feature 25,000 m² of gross indoor exhibition space and the venue is expected to be ready in 2016.

This post is excerpted from BSG's weekly e-newsletter which is part of our subscription research service, BSG Tracker. Visit our website to find out more about this service. You can also follow us on Twitter for all the latest updates.