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2014-12-19

Navi Mumbai to get its independent World Trade Centre

Mumbai being the commercial and financial capital of India holds an aura of prominence in its trade promotion activities.

Navi Mumbai, spread across Thane and Raigad districts on the mainland in Maharashtra, will get its own independent World Trade Centre, says a PTI report, citing a top official's statement.

"The World Trade Centres Association places special emphasis on the development of the Asia-Pacific region. Presently, there are nearly 340 WTCs in over 100 countries with a global membership of one million. We intend to expand our activity in the Asia-Pacific region with emphasis on India and China," Scott Wang, WTCA VP (Asia-Pacific), told PTI.

Wang further added that Mumbai being the commercial and financial capital of India holds an aura of prominence in its trade promotion activities through the 31-storey WTC complex at Cuffe Parade in south Mumbai.

"WTC Mumbai is a premier organisation of the WTC movement, setting an example to many through its trade promotion activities and services, and housing more than 500 companies involved in trade promotion," Wang said.

Raheja Universal will also be a part of the project as the company would develop the economic zones of the World Trade Centre which will comprise hospitality centres, healthcare, industrial parks and trade houses over a 137-acre complex.

"It will be part of an overall complex housing nearly 1,200 MSMEs to be operational by 2016-2017," Ashish Raheja, MD, Raheja Universal told PTI.

"WTC Mumbai holds more than 60 exhibitions and trade conferences annually, runs a training institute which has benefited around 5000 students. We have operationalised WTC Bhubaneshwar and soon WTC Jaipur and WTC Goa shall also commence operations," WTCA New York director and vice chairman WTC Mumbai Vijay Kalantri told PTI.

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