Exhicon Events Media Solutions Limited has secured a major infrastructure development contract, winning the tender for developing a Convention & Exhibition Centre in Mohali, Punjab, under a Build-Operate-Transfer (BOT) Public-Private Partnership framework with the Government of Punjab. This strategic win marks a significant expansion into long-term event infrastructure development for the company.

Project Structure and Investment

The PPP arrangement involves substantial commitments from both parties, creating a comprehensive development framework:

Under this structure, the Government of Punjab will provide the land while Exhicon Events Media Solutions will undertake the design, development, operations and long-term management of the Convention & Exhibition Centre. The development will include integrated hospitality and retail components, enabling multiple revenue streams from exhibitions, conferences, corporate events, entertainment events, hospitality and venue services.

Strategic Timeline and Launch Event

The project follows an ambitious timeline with a high-profile launch event planned. The first phase is expected to be completed by October 2027, positioning the facility to host the 2027 edition of the Progressive Punjab Investors Summit in March 2027. This summit, organised by the Government of Punjab, highlights the strategic relevance of the venue in supporting the state's global investment outreach initiatives.

The facility is designed as a modern convention and exhibition destination capable of hosting large-scale exhibitions, conferences, concerts, summits and social events, addressing the growing demand for event infrastructure in the Chandigarh–Mohali region, one of North India's key economic corridors.

Financial Incentives and Viability

A key aspect of the project's financial structure involves government incentives that significantly enhance its viability. The total project investment is proposed to be reimbursed through incentives under the 'Invest Punjab' initiative, strengthening the financial viability while enhancing potential returns and long-term value creation for shareholders.

Existing Portfolio and Strategic Positioning

Exhicon Events Media Solutions brings substantial operational experience to this project through its existing venue portfolio:

This existing infrastructure provides the company with a strong operational foundation in the events, hospitality and venue management ecosystem, supporting its capability to execute the Mohali project successfully.

Growth Strategy and Future Outlook

The Mohali project represents a continuation of Exhicon's strategy to build a portfolio of strategic event infrastructure assets. This approach strengthens its position as a developer and operator of convention and exhibition venues in India while creating scalable long-term revenue opportunities and asset growth for shareholders. The company has indicated that further updates on project execution timelines and development milestones will be announced in due course.

Exhicon Events Media Solutions Limited has received prestigious recognition at the 4th Edition of the Big Impact Awards, marking a significant milestone in the company's journey of innovation in the exhibition industry. The award ceremony highlighted the company's commitment to advancing exhibition infrastructure through cutting-edge solutions and sustainable practices.

Award Recognition and Ceremony Details

The company was honoured under the category "Innovation in Exhibition Structures" at the Big Impact Awards ceremony held at the Sahara Star Hotel Mumbai. The recognition was presented by Mrs. Ritu Tawde, Mayor of Mumbai, in the presence of eminent dignitaries and industry leaders from across the country.

Leadership Response and Vision

M. Q. Syed, Chairman & Managing Director of Exhicon Events Media Solutions Limited, expressed his satisfaction with the recognition, stating that "This recognition validates our long-term vision of transforming India's exhibition infrastructure through engineering excellence, scalable innovation, and sustainable execution."

The award acknowledgment reflects the company's dedication to advancing the exhibition industry through innovative approaches and technological excellence.

Strategic Focus and Future Direction

Exhicon continues to invest in next-generation, high-capacity modular event infrastructure and rapid-deployment systems. This strategic approach reinforces the company's position as a 360-degree exhibition services company in India.

The company's focus areas include:

• Next-generation modular event infrastructure
• High-capacity rapid-deployment systems
• Engineering excellence in exhibition structures
• Scalable innovation solutions
• Sustainable execution practices

Industry Recognition Impact

The Big Impact Awards recognition underscores Exhicon's role in shaping India's exhibition landscape through innovative solutions. The ceremony brought together industry leaders and dignitaries, providing a platform to showcase excellence in exhibition infrastructure development.

This achievement positions Exhicon as a leader in the exhibition services sector, demonstrating the company's commitment to delivering comprehensive solutions that meet the evolving needs of the industry.