Exhicon Event Media Solutions Limited has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan to establish a cutting-edge multipurpose convention and exhibition venue. The planned investment for this ambitious project stands at ₹100 crore, with the land identification and construction slated to commence within 2025.
Key Features of the Venue:
The proposed facility is envisioned to generate multiple revenue streams, including:
- Event hosting and rentals.
- Exhibition booth services and sponsorships.
- Catering and F&B services.
- On-site advertising and ticketed events.
- Co-working spaces, technology rentals, and parking facilities.
- Sustainability initiatives with eco-friendly practices and renewable energy.
Strategic Advantage:
Located in Jaipur, the venue benefits from Rajasthan’s evolving business ecosystem, strategic location, and cultural appeal. It is also expected to capitalize on government initiatives promoting tourism and MICE (Meetings, Incentives, Conferences, and Exhibitions) activities.
Long-term Impact:
The project aims to bolster local economic growth by attracting diverse events, fostering job creation, and boosting tourism. Exhicon plans to position itself as India’s premier convention venue operator, ensuring robust profitability and steady income streams in the exhibition industry.
This collaboration aligns with Exhicon’s vision to establish leadership in the convention and exhibition industry while contributing to Rajasthan’s development as a premier business and cultural hub.
