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Delhi’s <keyword id="6358365" type="PERSON" weightage="20" keywordseo="Pragati-Maidan">Pragati Maidan</keyword>, which hosts an array of exhibitions like India International Trade Fair, is going to be upgraded to global standards. 
 The iconic exhibition ground is getting a facelift at the tune of around Rs 3,000 crore as per an <keyword id="3134335" type="UNKNOWN" weightage="20" keywordseo="ITPO-blueprint">ITPO blueprint</keyword>. 
 
The blueprint includes a state-of-the-art convention centre to accommodate 7,000 delegates, modern centres etc. 
 
"This is my top priority. All the necessary approvals would be taken in maximum 3-4 months. The amount worked out is in the range of Rs 2,500 to Rs 3,000 crore. It will take around 3-4 years to complete the project. It will be done in two phases," said India Trade Promotion Organisation CMD L C Goyal. 
 
As per the plan, the existing state pavilions will be developed in a manner in which they will be also used to hold public interactions. 
 
In the first phase, the non-air condition halls would be demolished and re-constructed; later, the remaining halls will be developed. 
 
"The idea is to make Pragati Maidan a major promotor of trade, commerce and exhibition. The proposal also include multi-level parking facilities and open space area," said Goyal. 
 
Once upgraded, the 'Auto Expo' again, which is currently shifted at Greater Noida, will be back to Pragati Maidan again. 
 
The plan envisages increasing the operational area from 60,000 sq mt to about 2 lakh sq mt. 
 
The proposal will be cleared first by the ITPO board and then by the Commerce and Industry Ministry, Finance Ministry and finally it would be sent for the Cabinet Committee on Economic Affairs' nod, he said.

Delhi’s Pragati Maidan to get a Rs 3000cr swashbuckling upgrade to global standards

New Delhi, Nov 14 () The fourteen-day India International Trade Fair opened here on Thursday albeit with lesser availability of space this year owing to Pragati Maidan's ongoing make-over.
 Union Transport and MSME Minister Nitin Gadkari inaugurated the fair and suggested that the ITPO (India Trade Promotion Organisation) should explore public-private-partnership model to build 30 to 40 mega exhibition-cum-convention centres across the country.
 "By supporting government as a facilitator we can make atleast 30 to 40 centres like Pragati Maidan in the country. This country needs and the government's capacity is limited, budgetary constraints are there but this activity by supporting some government equity, we can make it economically viable," Gadkari said adding that this type of activity is going to create more employment opportunities.
 Besides, Gadkari highlighted that the World Bank, ADB and KfW are ready to provide a credit line for MSMEs at a low interest cost and, he wants to provide this credit line to the poor and economically backward entrepreneurs in backward areas.
 Organisers of the fair ITPO expressed confidence that the redevelopment of Pragati Maidan into a state-of-the-art integrated exhibition cum convention centre (IECC) shall be completed before the end of next year.
 The ITPO is the nodal agency under the administrative control of the Commerce Ministry entrusted with the redevelopment of Pragati Maidan.
 In his address, ITPO CMD L C Goyal gave an assurance that the IITF 2020 would be five times bigger than the scale on which the fair is being held this year.
 "I am quite confident that before the end of next year would deliver this project (IECC)," Goyal said.
 Several countries, including Australia, Iran, the UK and Vietnam will participate in the 14-days fair.
 The theme for the 39th edition of the fair (November 14-27, 2019) is 'Ease of Doing Business' inspired by the unique achievement of India for rising to the 63rd rank on the World Bank's Ease of Doing Business Index from 142nd rank in year 2014.
 This year the status of 'Partner Country' has been accorded to 'the Islamic Republic of Afghanistan' and 'the Republic of Korea' will be the 'Focus Country'.
 Bihar and Jharkhand will be the focus states in this edition of the fair. Entry tickets for business days per person will be available for Rs 500 and season ticket for Rs 1,800.
 For all visitors during public days (November 19-27, 2019), ticket charges will be Rs 60 (adult) and Rs 40 (child) on working days and on Saturday or Sunday or Public Holiday the tickets will be Rs 120 (adult) and Rs 60 (child). RSN SHW
SHW

India International Trade Fair opens with ease of doing business theme

New Delhi, Dec 4 () Following are the top business stories at 1820 hours:
 
DEL42 CAB-ETF-LD BONDS
Cabinet approves exchange traded fund for bonds; likely to hit mkt this month
New Delhi: After exchange traded fund for equities, the Union Cabinet on Wednesday approved the launch of exchange traded fund (ETF) for bonds to create an additional source of funding for Central Public Sector Enterprises (CPSEs) and state-owned financial institutions.

DEL19 BIZ-CAB-DATA BILL
Cabinet approves Personal Data Protection Bill
New Delhi: The government on Wednesday approved the Personal Data Protection Bill that will spell out a framework for handling of personal data including its processing by public and private entities. 
 
DEL55 BIZ-LD STOCKS 
Sensex, Nifty advance ahead of policy decision; ICICI surges over 4 pc
Mumbai: Market benchmark BSE Sensex on Wednesday closed higher by around 175 points in a volatile session, driven by buying in banking, auto and select IT stocks in the last hour of trade as investors bet on a further rate cut by the RBI.
 
DEL28 CAB-LD PRAGATI MAIDAN
Cabinet approves developing 5-star hotel at Pragati Maidan
New Delhi: The government on Wednesday approved transfer of 3.7 acres of land at Pragati Maidan here to ITDC and ITPO on a 99-year lease for Rs 611 crore to set up a five-star hotel. 
 
DEL38 BIZ-GOLD-PRICE
Gold jumps Rs 332 on positive global trend
New Delhi: Gold prices on Wednesday jumped Rs 332 to Rs 39,299 per 10 gram in the national capital, tracking a positive global trend, according to HDFC Securities.
 
BCM7 LD-SAT-KARVY-BANKS
Karvy case:SAT refuses relief to banks,sends them back to Sebi
Mumbai: The Securities Appellate Tribunal (SAT) on Wednesday refused any immediate relief to top lenders who challenged the transfer of securities held with Karvy Stock Broking back to the clients or transfer them into an escrow account.
 
DEL59 BIZ-LD RUPEE
Rupee firms up by 13 paise against USD
Mumbai: The rupee clawed back its lost territory to settle 13 paise higher at 71.53 to the US dollar on renewed hopes about US-China trade deal. 
 
DCM35 BIZ-AIRTEL-FUND RAISE
Bharti Airtel board approves raising up to USD 4 billion
New Delhi: Telecom operator Bharti Airtel's board on Wednesday approved raising USD 4 billion through equity dilution and debt funding. 
 
 
 
 

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SHW

Business highlights

New Delhi, Mar 5 () In view of the coronavirus outbreak, India Trade Promotion Organisation on Thursday issued an advisory asking visitors who recently travelled to any of the affected nations to "refrain" from visiting the ongoing Aahar fair in the national capital in larger public interest.In a statement, the ITPO - under the Union Ministry of Commerce and Industry - also advised visitors and exhibitors to take necessary precautions, while visiting the ongoing Aahar 2020 (March 3-7) - the International Food and Hospitality Fair at Pragati Maidan."Those visitors desiring to visit this fair; who have recently travelled to any of the affected regions or countries are advised to refrain from visiting Aahar in larger public interest. Visitors are also suggested to wear face mask in case of cold / cough symptoms, while taking other hygiene precautions," the ITPO said.The deadly coronavirus has spread rapidly outside China, where it first emerged late last year, and has now reached some 80 countries and territories.More than 95,000 people have been infected and over 3,200 have died worldwide. RSN BAL

ITPO asks people having travelled to coronavirus-hit nations to refrain from visiting Aahar

New Delhi, Nov 25 () The paper industry in India is likely to grow 12 per cent per annum for next five years and the overall paper consumption is expected to increase to 24 million tonne in 2024-25 from the present 15 million tonne. 
The industry is witnessing a transformation and several industry leaders are investing in capex to expand their capacity to meet the expected demand growth, said Indian Paper &amp; Manufacturers Association (IPMA) in a statement.
Besides, IPMA expects consolidation in the industry in the coming years as players would take up mergers and acquisitions to compete with each other.
"The paper industry is going through a transformation phase and few big paper companies are doing expansion to meet their region or product or category-specific demand. Overall paper consumption is projected to increase to 24 million tonne in 2024-25 from 15 million tonne currently," said IPMA VP J P Narain.
Moreover, the manpower-driven industry is expected to generate employment opportunities, both direct and indirect, it added.
To promote such opportunities, 'Paperex2019' -- the world's biggest paper show will be organised in the city from December 3-6 2019.
Around 30,000 business visitors, 600 plus participants from 29 countries are expected at the show to be held at Pragati Maidan here. The paper show is organised by London stock Exchange Hyvegroup PLC. KRH KRH ANU
ANU

India likely to see paper consumption of 24 MT in FY'25

Prime Minister <keyword id="6354477" type="General" weightage="80" keywordseo="narendra-modi" source="Orion">Narendra Modi</keyword> on Saturday experienced several <keyword id="764355" type="General" weightage="20" keywordseo="5G" source="Orion">5G</keyword> use cases first-hand here, along with driving a car remotely and enjoying augmented reality/virtual reality (AR/VR) via wearable devices. Inaugurating the four-day <keyword id="4293052" type="General" weightage="80" keywordseo="india-mobile-congress" source="Orion">India Mobile Congress</keyword> (IMC) 2022 at Pragati Maidan in the national capital, <keyword id="6354642" type="General" weightage="100" keywordseo="modi" source="Orion">Modi</keyword> visited several 5G pavilions and encouraged domestic startups to build 5G use cases. At Swedish telecommunication giant Ericsson's booth, Modi drove a car in Sweden via a 5G-enabled solution. He also visited a booth of a consortium of nearly 100 domestic startups working towards developing 5G solutions to solve India's real-time problems across health care, education, disaster management etc. At the Jio Pavilion, Modi witnessed the true 5G devices displayed at the pavilion and experienced the use cases through Jio Glass. The Prime Minister also spent time understanding the indigenous development of end-to-end 5G technology by a team of Jio engineers, and how 5G can help bridge the gap between urban and rural healthcare delivery. According to Modi, the country's wait for the 5G technology is over and the benefits of 'Digital India' will reach every village soon. After a successful 5G spectrum auction, the country is likely to witness the roll out of the much awaited high speed 5G mobile services around Diwali. SEE ALSO: <a href="https://www.businessinsider.in/business/telecom/news/airtel-5g-services-launched-in-eight-cities-the-entire-country-to-be-covered-by-2024/articleshow/94579199.cms">Airtel 5G services launched in eight cities, the entire country to be covered by 2024</a> <a href="https://www.businessinsider.in/tech/news/jio-will-launch-5g-for-the-entire-country-by-december-2023-mukesh-ambani/articleshow/94579338.cms">Jio will launch 5G for the entire country by December 2023: Mukesh Ambani</a> <a href="https://www.businessinsider.in/stock-market/markets/news/sebi-tightens-disclosure-norms-for-ipo-brings-mutual-fund-transactions-under-the-gambit-of-insider-trading-rules/articleshow/94577801.cms">SEBI tightens disclosure norms for IPOs, brings mutual fund transactions under the gambit of insider trading rules</a>

PM Modi inaugurates India Mobile Congress, experiences 5G devices being showcased

Automotive start-up EVTRIC Motors has unveiled its e-delivery scooter in the low-speed category at the EV Expo 2021 that will offer a range of 110 kms on a single charge. Showcased at the event held at Pragati Maidan in New Delhi over the weekend, the scooter can clock a speed of 25 kms per hour. It features 12-inch tubeless tyres and a loading capacity of 150 kg. The three-day event is supported by the <keyword id="11755327" type="UNKNOWN" weightage="20" keywordseo="ministries-of-road-transport">Ministries of Road Transport</keyword> and Highways, and <keyword id="11821460" type="UNKNOWN" weightage="20" keywordseo="micro-small">Micro, Small</keyword>, and Medium Enterprises (<keyword id="6358354" type="UNKNOWN" weightage="20" keywordseo="MSME">MSME</keyword>), along with <keyword id="357266" type="COMPANY" weightage="20" keywordseo="ICAT">ICAT</keyword> (International Centre for Automotive Technology). The scooter can cover a distance of over 110 km on a single charge with two swappable lithium-ion battery options, thus avoiding a need for frequent charging, considering the requirement in the segment. Homegrown automation company <keyword id="11548787" type="UNKNOWN" weightage="20" keywordseo="papl">PAPL</keyword> recently launched EVTRIC Motors to fuel the ongoing electric vehicle revolution in India. "It is a popular opinion that EVs are not at par with the combustion engine products. This myth has been holding back the industry. Apart from this, there is a dearth of localisation factor in most of the products flooding the market," said Manoj Patil, MD and Founder, EVTRIC Motors. "EVTRIC Motors has entered the market with these challenges already addressed. Now customers will enjoy locally manufactured, quality electric two wheelers and experience the difference," he added. The brand also showcased its recently launched products -- EVTRIC AXIS and EVTRIC RIDE -- at the three-day event. In the first phase, the brand will deliver e-scooters across seven cities - Delhi, Gurgaon, <keyword id="2094" type="COMPANY" weightage="20" keywordseo="Pune">Pune</keyword>, Aurangabad, Bengaluru, Tirupati and Hyderabad. SEE ALSO <a href="https://www.businessinsider.in/tech/news/google-is-now-using-chrome-as-another-security-layer-for-account-sign-ins/articleshow/84975356.cms">Google is now using Chrome as an added security layer for account sign-ins</a> <a href="https://www.businessinsider.in/stock-market/news/how-to-check-allotment-status-of-glenmark-life-sciences-ipo/articleshow/84978486.cms">Glenmark Life Sciences IPO: How to check allotment status, listing date and more</a> <a href="https://www.businessinsider.in/business/startups/news/freshtohome-and-bluestone-backer-iron-pillar-is-planning-to-bring-assets-worth-1-billion-under-management/articleshow/85161486.cms">FreshtoHome and BlueStone-backer Iron Pillar is planning to bring assets worth $1 billion under management</a>

Homegrown startup EVTRIC’s electric scooter can go up to 110 kilometres on a single charge, company claims

New Delhi [India], September 6 (ANI): Prime Minister Narendra Modi on Wednesday advised all the ministers to download the <keyword id="42981" type="General" weightage="20" keywordseo="G20" source="Orion">G20</keyword> India mobile app ahead of the <keyword id="42982" type="General" weightage="20" keywordseo="G20-Summit" source="Orion">G20 summit</keyword> to be held in New Delhi this week. The advice came during <keyword id="2238662" type="General" weightage="20" keywordseo="PM-Modi" source="Orion">PM Modi</keyword>'s interaction with the <keyword id="245371" type="General" weightage="20" keywordseo="Council-of-Ministers" source="Orion">Council of Ministers</keyword> meeting ahead of the significant G20 summit in New Delhi. The Prime Minister said that the app would help the ministers to interact with foreign delegates seamlessly. The Ministry of External Affairs in India has launched the mobile application titled 'G20 India', marking a significant digital milestone ahead of the G20 Leaders' Summit to be held in New Delhi. The app offers users a comprehensive, interactive guide to event-related information. Features of the platform include a calendar for the G20 India 2023 event, resources, media, and insightful details about the G20. The unveiling of the 'G20 India' mobile app amplifies India's ongoing technological advancements and underscores the nation's commitment to leveraging digital tools to facilitate major international events. The government of India has launched a <keyword id="18675735" type="General" weightage="20" keywordseo="G20-India-App" source="Orion">G20 India app</keyword> ahead of the G20 summit being held under India's presidency on September 9-10 this year. The app will function till India's G20 presidency. According to officials of the Ministry of Electronics and Information Technology, more than 15000 mobile apps were downloaded globally till Tuesday. The G20 India mobile app will help the delegates to interact with foreign delegates in all G20 countries languages. Government officials further emphasize that the mobile is also a navigation facility that helps the foreign delegates move from place to place in the country and to the Bharat Mandapam. With the G20 India app, the Indian ministers can overcome language as well as communication barriers with the foreign delegates. The G20 India mobile app has services built in which people can access in 24 languages. India is all set to host the G20 Summit in New Delhi from September 9-10. World leaders will arrive in New Delhi to attend the G20 Summit. The summit will be hosted at the state-of-the-art Bharat Mandapam Convention Centre at Pragati Maidan, New Delhi. Notably, India assumed the G20 presidency on December 1 last year and about 200 meetings related to G20 were organized in 60 cities across the country.

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Delhi’s Pragati Maidan to get a Rs 3000cr swashbuckling upgrade to global standards

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India International Trade Fair opens with ease of doing business theme

PTI

Business highlights

PTI

ITPO asks people having travelled to coronavirus-hit nations to refrain from visiting Aahar

PTI

India likely to see paper consumption of 24 MT in FY'25

PTI

PM Modi inaugurates India Mobile Congress, experiences 5G devices being showcased

IANS

Homegrown startup EVTRIC’s electric scooter can go up to 110 kilometres on a single charge, company claims

IANS

PM Modi asks ministers to download 'G20 India app' ahead of summit

ANI

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