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