President Ram Nath Kovind on Wednesday inaugurated the world's largest cricket arena in Motera, the refurbished Sardar Patel Stadium, which will now be known as Narendra Modi stadium -- renamed after the country's Prime Minister.

The state-of-the-art facility can accommodate an awe-inspiring 1.32 lakh spectators.

"This stadium was conceptualised by Prime Minister Narendra Modi when he was Chief Minister of Gujarat. He was president of the Gujarat Cricket Association at that time," Kovind said in his address after the inauguration.

"This stadium is an example of eco-friendly development," he added.

The President inaugurated the stadium in the presence of Home Minister Amit Shah and Sports Minister Kiren Rijiju among a host of other dignitaries.

"We have decided to name it after the country's Prime Minister. It was Modi ji's dream project," said Shah after the inauguration.

The President also performed the ground-breaking ceremony for a sports complex in the stadium, to be named Sardar Vallabhbhai Patel sports enclave, for disciplines like football, hockey, basketball, kabbadi, boxing, and lawn tennis among others.

"I am confident that this enclave will give a new global identity to Ahmedabad in terms of world-class sports infrastructure," Kovind said.

The cricket stadium opens with the third Test between India and England, a day-night game from Wednesday, and will also host the fourth and final game of the series from March 4.

"I am confident that the facilities here will help players to perform better," the President said.

"Lot of our players come from small towns and face hardships. Players encouraged by GCA include popular names of today like Jasprit bumrah and Axar Patel," he added.

Spread over 63 acres, the stadium has been built at an estimated cost of Rs 800 crore and with a seating capacity for 1,32,000 spectators, it has surpassed the hallowed Melbourne Cricket Ground which can accommodate 90,000.