Exhicon's Development Pipeline Reaches Quarter of India's Indoor Exhibition Capacity; Secures Landmark ACMA Contract
Exhicon Events Media Solutions Limited (EXHICON) has emerged as a fast-growing developer in the Indian MICE infrastructure space, reporting that its purpose-built exhibition venue development pipeline now represents 25% of India's current operational indoor capacity. This milestone is significantly bolstered by a major contract awarded by the Automotive Component Manufacturers Association of India (ACMA).The company's ongoing projects represent a pipeline of 1,25,000 Square Metres in purpose-built exhibition venues across India. This figure accounts for one in four square metres of the current operational indoor purpose-built exhibition venue capacity, which stands at approximately 5,00,000 Square Metres. Furthermore, EXHICON expects to complete over 60,000 Square Metres of this portfolio by the end of FY 2026-27.
Landmark Deal for Bharat Mobility Global Expo 2027
A key factor in achieving this development milestone is a contract awarded by ACMA for the Bharat Mobility Global Expo 2027. Under the terms of the agreement, EXHICON will design, engineer, and execute 30,000 Square Metres of pre-engineered purpose-built exhibition infrastructure. This project is scheduled to take place at Yashobhumi in Dwarka, New Delhi.The contract was signed on July 30, 2026. The signing ceremony involved Mr. Vinnie Mehta, Secretary of ACMA; Mr. Anil Unni, CEO for Business Development & Strategic Partnerships at ACMA; Mr. M. Q. Syed, Chairman and Managing Director of EXHICON; and Ms. Zainab Rizvi, Director of Design & Projects at EXHICON. The venue development is set to commence in September 2026 and is scheduled for completion by January 2027, ahead of the Expo.
The current state of Exhicon's purpose-built exhibition venue assets is summarized below:
| Metric | Value |
|---|---|
| Development Pipeline Size | 1,25,000 Square Metres |
| Percentage of Operational Capacity | 25% |
| Total Current Operational Capacity | Approximately 5,00,000 Square Metres |
| Expected Completion by FY 2026-27 | Over 60,000 Square Metres |
Integrated Venue as a Service Model
In addition to raw venue development, EXHICON emphasizes its strength in the integrated Venue as a Service (VAS) model. This approach allows the company not only to construct purpose-built exhibition venues but also to undertake their Operations & Maintenance (O&M). By integrating development with O&M capabilities, EXHICON aims to enable owners to maximize operational efficiency and long-term asset value.Through its comprehensive expertise spanning venue development, operation and maintenance, exhibition infrastructure design, and event execution, EXHICON is contributing to the creation of sustainable assets designed to expand India's capacity for hosting global exhibitions, conventions, and trade fairs.
Stock Price Movement
Exhicon Events Media Solutions Ltd settled at ₹498.55 on Friday, ticking up 0.02%.The shares moved between an intraday low of ₹492.00 and a high of ₹504.40.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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