Ahmedabad: The company participating in the vibrant global Gujarat trade show (VGGTS) ​​2022 was left in trouble after the government decided to call the exhibition that had seen the overall estimated investment around Rs 250-300 Crore.
Small vendors half of their projects set up a pavilion for the mega exhibition and last minute cancellation will hit them hard, said sources close to development.
The trade show is expected to be opened from January 9 as a precursor for Gujarat Global Summit 2022 and the last minute cancellation has left the company with a project that is partly incomplete.
“We have designed and set the theme pavilion for two companies.
We are in the middle of the project when the announcement of the delay in.
Who will pay us fully for incomplete work? We have dismantled our project because we have to empty the venue.
Immediately, “Word a design company promoter.
The trade show will be held at the Helipad Exhibition Center, Gandhinagar, under the central theme ‘towards sustainable Bharat & Aatmanirbhar.
The five-day exhibition, for was inaugurated by Prime Minister Narendra Modi, who aimed to be more magnificent with a multi-sector display spread in 2 lakh sq m.
The Gujarat government has identified 13 core fields for the event.
Electric vehicles display, international and national pavilions are considered to be the main tourist attractions of the Summit in addition to the theme pavilion based on various leading central and state government leaders.
“Total investment for trade shows including rent will be around RS 250-300 Crore.
This event is an opportunity for companies to show off their strengths and vision.
Some companies also use it as launchpad to announce their new initiatives or products,” said an official associated with an official.
The event.
The Government of Gujarat on Thursday announced that VGGS-2022 had been postponed because of the surge in Covid cases in the state.
Along with this, trade shows have also been canceled, said a senior government official.
Given the increase in the number of Daily Covid-19 in the state in the past few weeks, it will save a lot of vendors from causing losses owned by the government to make announcements in December, said source.
“We have been told that the paid rent for the exhibition will be returned.
But what about the costs incurred in the design and construction of the pavilion?” Asking an official to work with the company.