Exhicon Events Media Solutions Limited has announced a major milestone in its growth journey with the signing of a strategic Design & Construction along with Operations & Maintenance (O&M) partnership for a new Exhibition & Convention Centre at MMLP Indore. This development reinforces the company’s expanding footprint in India’s rapidly evolving exhibition and venue infrastructure sector.
Strengthening Presence in India’s Venue Infrastructure Market
With this latest agreement, Exhicon continues to solidify its position as a key player in the country’s exhibition and convention ecosystem. The project marks the company’s fifth multipurpose venue deal secured in the last two years, highlighting its aggressive expansion strategy and strong execution capabilities.
The deal follows a Public-Private Partnership (PPP), design-and-build, and O&M model, allowing Exhicon to focus on long-term revenue generation while maintaining a capital-efficient business structure. This model is increasingly becoming popular in India’s infrastructure sector, especially in projects requiring high upfront investment and long gestation periods.
Capital-Efficient Model with Long-Term Revenue Focus
A key highlight of the project is its unique financial structure. Unlike traditional infrastructure projects, the entire capital expenditure (CAPEX) for the development will be funded by the project developer. This significantly reduces financial risk for Exhicon while enabling it to participate in large-scale infrastructure development.
Exhicon’s subsidiary, Exhicon Global Development Pvt Ltd, has been awarded the design and construction mandate. Through this structure, the company will generate immediate revenue from project execution while also securing long-term income through operations and maintenance services.
This dual-revenue strategy—combining execution income with annuity-based operational earnings—supports Exhicon’s vision of building a sustainable and scalable business model.
Strategic Location at MMLP Indore
The upcoming Exhibition & Convention Centre will be strategically located within the Multimodal Logistics Park (MMLP) in Indore, specifically in the Pithampur industrial hub. The site spans approximately 4 acres within a much larger 255-acre logistics park, positioning it at the heart of a rapidly developing commercial zone.
Additionally, the project is part of a broader 25-acre integrated commercial ecosystem. This ecosystem will include hotels, retail spaces, and modern convention facilities, transforming the area into a comprehensive destination for business, trade, and large-scale events.
The choice of Indore as the project location is significant. As one of India’s fastest-growing cities and a key industrial hub in Madhya Pradesh, Indore is witnessing increasing demand for world-class exhibition and convention infrastructure.
World-Class Infrastructure for Events and Exhibitions
The planned facility aims to cater to a wide range of industry requirements. It will feature a modern exhibition centre, a fully equipped convention centre, open event arenas, and advanced support infrastructure such as utilities and parking.
These features are designed to accommodate everything from trade shows and corporate conferences to large public events and exhibitions. By offering versatile event spaces, the centre is expected to attract both domestic and international organizers, further boosting Indore’s profile as a business events destination.
Strong Execution Track Record
With five multipurpose venue projects secured in the past two years, Exhicon has demonstrated strong execution capabilities and a clear growth trajectory. Notably, two of these projects are already operational, reflecting the company’s ability to deliver projects efficiently and achieve faster monetisation.
This latest project also represents Exhicon’s second engagement under a design-build-led model, showcasing its evolving expertise in integrated project delivery. The company’s ability to handle end-to-end solutions—from design and construction to long-term operations—sets it apart in a competitive market.
Supporting India’s Growing MICE Industry
India’s Meetings, Incentives, Conferences, and Exhibitions (MICE) industry is witnessing significant growth, driven by increased business activity, government initiatives, and improved infrastructure. Emerging cities like Indore are becoming important hubs for regional and national events.
Exhicon’s expansion aligns perfectly with this trend. By developing modern, integrated venues in high-growth locations, the company is contributing to the overall development of India’s exhibition and convention ecosystem.
The new facility at MMLP Indore is expected to play a crucial role in meeting the rising demand for organized event spaces, particularly in central India.
Future Outlook
Exhicon continues to position itself as a full-stack venue infrastructure company, offering comprehensive solutions across development, execution, and operations. Its focus on capital-efficient growth, combined with a strong pipeline of projects, indicates a positive outlook for the company.
As India’s demand for world-class exhibition and convention centres continues to rise, projects like the MMLP Indore facility will play a key role in shaping the future of the MICE industry.
With its innovative business model and expanding project portfolio, Exhicon is well on its way to becoming a leading force in India’s venue infrastructure landscape.
