In a big boost for Delhi’s event scene, the Indian central government and Sports Authority of India (SAI) just slashed booking fees for major stadiums by 40 to 50 percent. This move aims to kickstart more national and international live events and concerts right in the capital.
Delhi’s Minister for Art, Culture, Languages, and Tourism, Kapil Mishra, shared the exciting news on Saturday. “This is a huge step to turn Delhi into India’s top event-friendly city and a global hotspot for live entertainment and the concert economy,” he said.
The decision came after in-depth talks with Union Minister Mansukh Mandaviya and two roundtable sessions with industry experts. Mishra explained that high stadium rental costs had been pushing organizers away from Delhi. Instead, they’ve been heading to nearby spots like Mumbai, Gurugram, and Noida for their shows.
Prime Minister Narendra Modi’s vision plays a key role here—to build Delhi as a major hub for live events and the concert economy in India. But those steep fees were a real roadblock, Mishra noted.
Just earlier this month, Mishra met with Mandaviya to push forward plans for a “Global Event Hub” in Delhi. Top voices from the Event and Entertainment Management Association (EEMA) and the PHD Chamber of Commerce and Industry (PHDCCI) joined the discussion. They zeroed in on cutting stadium rental rates and streamlining event approvals. Mandaviya promised full support to position Delhi as a worldwide center for cultural activities and live entertainment, according to a Delhi government statement.
Mishra highlighted how this change will supercharge Delhi’s culture and tourism sectors. It could create tons of jobs and spark economic growth through more events.
On X (formerly Twitter), Mishra posted: “Organizing events in Delhi’s big stadiums is now a lot easier. SAI has cut booking fees big time. This brings PM @narendramodi’s dream to life—making Delhi the go-to hub for live events and the concert economy.”
Stay informed on all the latest news, real-time breaking news updates, and follow all the important headlines in world News on Latest NewsX. Follow us on social media Facebook, Twitter(X), Gettr and subscribe our Youtube Channel.
