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Joint Venture9 Sept 2025, 11:37 am

Exhicon Events Media Solutions Ltd Signs MoU with India Exposition Mart Ltd for PPP Exhibition & Convention Centers in Tier-2 Cities

AI Summary

Exhicon Events Media Solutions Ltd has signed a Memorandum of Understanding (MoU) with India Exposition Mart Ltd (IEML) to jointly identify, bid, develop, and manage world-class Exhibition & Convention Centers across Tier-2 cities in India under the Public-Private Partnership (PPP) Model. The Indian Exhibition & Convention Industry is growing at 12-15% CAGR, with the market expected to exceed 295,000 Crore by 2030. The partnership between Exhicon and IEML is expected to generate significant revenue and profitability for Exhicon, with each mid-sized Exhibition & Convention Centre project estimated at 300-700 Crore investment potential. The MoU provides Exhicon access to large-ticket, government-backed PPP projects, enhancing financial stability and ensuring predictable cash flows.

Key Highlights

  • Exhicon and IEML to jointly develop Exhibition & Convention Centers in Tier-2 cities under PPP Model
  • India's Exhibition & Convention Industry growing at 12-15% CAGR, expected to reach 295,000 Crore by 2030
  • Strategic partnership to generate significant revenue and profitability for Exhicon
  • MoU provides Exhicon access to large-ticket, government-backed PPP projects
  • Joint Steering Committee to oversee evaluation, bidding, and project implementation
EXHICON
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Exhicon Events Media Solutions Ltd

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