IIFA, which celebrates the achievements of Bollywood in different cities across the world, will be held at the iconic MetLife Stadium in New York from July 13-15.
"The special treat from IIFA this year is New York. Bollywood will take centre stage in the most significant city of the world," Sabbas Joseph, Founder, Director of IIFA, told PTI.
"Not only are we going at Times Square for IIFA stomp but we will also ring the bell at the New York Stock Exchange (NYSE) to commence the celebration. India's best performers Salman Khan, Katrina Kaif, Alia Bhatt and Varun Dhawan will take on the stage. We also have a special tribute to AR Rahman."
"We hope to mesmerise the audience not just in New York but across the world. We all are set to make a statement on behalf of Indian cinema and culture," Joseph added.
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The IIFA Rocks 2017 on day two will celebrate 25 years of Oscar and Grammy winner Rahman in the music industry and feature a special medley by the maestro along with musicians Diljit Dosanjh, Benny Dayal, Javed Ali, Neeti Mohan, Jonita Gandhi and Haricharan Seshadri.
As part of the IIFA Weekend and awards, the Indian Chambers of Commerce and industry has announced the FICCI-IIFA Global Business Forum to be held on July 14.
Supported by Consulate General of India - New York, Asia Society and US-India Business Council (USIBC), the Business Forum is an initiative which began in 2005 and has grown into a global platform.
The event will culminate in the main star-studded awards night on July 15, which will witness power-packed performances by biggest stars of B-town including Salman, Katrina, Shahid Kapoor, Alia, Varun, Sushant Singh Rajput, Kriti Sanon among others.
Varun, who is making his debut appearance at the IIFA awards, said he will paying tribute to his father David Dhawan by performing on the filmmakers' chartbuster songs.
He will also launch the new version of "Onchi Hai Building" and "Tan Tana Tan" from his upcoming film "Judwaa 2".
Joseph said there would be almost 100 celebrities attending IIFA this year.
Over 25,000 people are expected to attend Rahman's concert and over 40,000 people will be present at the awards.
Besides Bollywood celebrities, several Hollywood stars have also been part of IIFA, including Angelina Jolie, action star Jackie Chan, Australian pop-star Kylie Minogue, British actor Colin Firth, Hollywood stars Hillary Swank, Kevin Spacey and John Travolta.
"We have always had a great relationship over the last 15 years. If she is in town, we are certain that she will join us at IIFA. It will be awesome to see her being celebrated in the city that has adopted her their own superstar."
The award show will be exclusively aired on Colors channel on July 16.