ANI PR Wire
13 Mar 2023, 18:30 GMT+10
Nagpur (Maharashtra) [India], March 13 (ANI/NewsVoir): On March 2nd, 2023, Nagpur, also known as the city of oranges, was adorned in tangerine hues to celebrate the unveiling of the World Trade Center (WTC) Nagpur. Home to Fortune 500 companies, the biggest names in retail and business, and an address that needs no pin code to identify; WTC Nagpur was unveiled to an august gathering at Hotel Center Point, Nagpur.
WTC Nagpur's arrival has positioned the city as a hub for global trade, commerce, and retail. Already placed among the top 15 fastest-growing global cities and the top two smart cities in India. Nagpur holds a Guinness World record to its name for building the longest double metro viaduct (3.14 km) at Wardha Road and is the biggest cargo hub and trade center for the entire Vidarbha region, catering to a population of over 2.3 crores.
WTC Nagpur is situated at the only interconnecting point of India's two biggest national highways - NH6 & NH7 at Varity Square, Sitabuldi - the oldest and the biggest centre for trade in the entire Vidarbha region, receiving daily footfall of 2 to 3 lakhs. It is the only WTC in India that is connected to a metro interchange at three levels, with an estimated daily metro transit of 4 to 5 lakhs. It also has a shopping mall within its premises, similar to 'The One WTC - New York'.
WTC Nagpur is the result of a collaboration between two renowned real estate developers in India, the Goel Ganga Group, and the Viridian RED. During the event, representatives of both companies highlighted the project's strategic importance and the impact it would be creating on Nagpur and the entire Vidarbha region. WTC Nagpur will forever change the city's skyline and offer global exposure to the region, according to Anup Khandelwal, Executive Director, whereas Tarush Goel, Director of Goel Ganga Group had elaborated on the strategic importance of the collaboration.
Khair-Ull-Nissa, Vice-Chair, WTCA, emphasized the benefits of being part of a network that supports over one million businesses in 326 WTCs across 92 cities worldwide. It was a gala event that saw a full house of leading real estate investors and channel partners from across India.
WTC Nagpur has achieved 100 per cent connectivity through rail, road, air, and metro, with 60-65% of its space already leased out and 30 per cent currently operational. The facility is expected to be fully operational by December 2023, indicating the progress and dedication of the people involved. Neena Roy, Head Sales, WTC Nagpur, assured investors that the project already has some of the most renowned global, national, and local brands in retail and business operating within its shopping mall premises.
WTCs have transformed the economic landscape of regions by bringing in investment, businesses, corporates, start-ups, government agencies, and global trade. They create job opportunities, increase the real estate value of the region and become hubs for prosperity and economic growth by offering ancillary support services and premium residential development. This is evident in cities such as New York, Hong Kong, and Dubai, where the entire catchment area around the World Trade Center is now a beacon of superior livelihood, wealth, and influence.
Nagpur now has become India's and the world's center for trade and commerce, thanks to the World Trade Center Nagpur. The milestone for economic prosperity for the region has been set, and the beacon has been lit.
This story has been provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)
Get a daily dose of South East Asia Post news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to South East Asia Post.
More InformationGAZA - The home of a doctor working in the emergency room at the Nasser Medical Complex in southern Gaza was struck by Israel Air...
ORLANDO, Florida: For years, Universal Orlando played second fiddle to Disney's sprawling empire in Central Florida. Now, with the...
WASHINGTON, D.C.: The U.S. Transportation Department is expected to say that fuel economy rules created under President Joe Biden went...
WASHINGTON, D.C.: The U.S. Justice Department is investigating Andrew Cuomo, the former governor of New York and a top candidate for...
WASHINGTON, DC - U.S. President Donald Trump re-ignited his trade war on Friday with an extraordinary attack on the European Union...
ATLANTA, Georgia: A judge in Georgia has ruled that Delta Air Lines can continue most of its lawsuit against the cybersecurity company...
HUNG YEN, Vietnam: A new US$1.5 billion luxury golf and residential project backed by the Trump Organization officially broke ground...
SYDNEY, Australia: Australian businesses are feeling optimistic about their prospects in China despite escalating global trade tensions,...
MOSCOW, Russia: Russia's top oil company, Rosneft, has taken over control of the country's largest rare earth metals deposit, Tomtor,...
GOTHENBURG, Sweden: Volvo Cars is stepping up its collaboration with Google to become the lead development partner for Android automotive...
NEW YORK, New York - U.S. stock markets fell Friday as President Donald Trump launched an extraordinary attack on the European Union,...
SAN FRANCISCO, California: Levi Strauss is parting ways with Dockers. The denim giant announced this week that it will sell the Dockers...