Adani vs Ambani | In a big development, the Adani Group is all set to spend a whopping $2 billion to build Mumbai's LARGEST international convention centre. This will be built near the international airport which is operated by the group, is what 2 people aware of the matter told Mint.
This puts the conglomerate in direct competition with Reliance Jio's World Convention Centre which is in the Bandra Kurla Complex or BKC, one of Mumbai's top business hubs.
Currently, the Jio World Convention Centre is one of India's foremost venues for social events, exhibitions, trade shows, expos and conventions. It's currently the city's largest, with a total area of about 1 million sq. ft. But now... Adani's planned convention centre is almost 50% larger.
In this video, we explain why this holds significance - and also, other areas where the two conglomerates are competing. Watch!
#adani #ambani #jio
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