Mumbai, 22 Apr 2026: Exhicon Events Media Solutions Limited has signed a strategic Design & Construction along with Operations & Maintenance (O&M) partnership for an Exhibition & Convention Centre at MMLP Indore, further strengthening its expansion in India’s venue infrastructure space.
The deal marks Exhicon’s 5th multipurpose venue under PPP, Design and Build and O&M in the last two years, as the company scales a capital-efficient platform focused on recurring, annuity-led revenues.
In a differentiated structure, the project CAPEX is fully funded by the developer, while the design and construction mandate has been awarded to Exhicon’s subsidiary, Exhicon Global Development Pvt. Ltd., enabling the Company to monetise project CAPEX through execution revenues, alongside long-term operational income.
Located within MMLP Indore in the Pithampur industrial hub, the development spans approximately 4 acres within a 255-acre multimodal logistics park and forms part of a larger ~25-acre commercial ecosystem comprising hotels, retail, and convention infrastructure. The facility will include an exhibition centre, convention centre, open event arenas, along with integrated utilities and parking infrastructure.
Exhicon has now signed 5 multipurpose venues in the last two years , with 2 already operational, highlighting strong execution capability and faster monetisation cycles. This is also the Company’s second project under a design-build-led engagement, reinforcing its integrated design-build-operate platform.
The Company continues to position itself as a full-stack venue infrastructure player, spanning development, execution, and long-term operations, aligned with India’s growing demand for organised exhibition and convention infrastructure.