3 hrs ago
DK Vertex Plans ₹300 Crore Expansion Beyond Metros
DK Vertex is a company that provides places for businesses to hold meetings, conferences and exhibitions.
It plans to spend ₹300 crore to build more than 30 centres in 10 cities across India.
Together, these centres are expected to have 50,000 seats.
The company believes these venues can work well in cities outside the biggest metropolitan areas.
Jaipur, Mohali, Indore and Visakhapatnam are among the locations it has identified for expansion.
Its new centre in Gurgaon covers 12,000 square feet.
The main hall can hold about 300 to 400 guests.
DK Vertex expects its conferences and exhibitions business to grow quickly during the next three years.
DK Vertex plans to invest ₹300 crore to expand to more than 30 centres across 10 cities, with 50,000 seats.
The company sees significant potential for convention and event venues in emerging business and industrial centres beyond major metros.
Jaipur, Mohali, Indore and Visakhapatnam have been identified as upcoming DK Vertex locations.
The company expects its conferences and exhibitions business to grow approximately twofold annually over the next three years.
The newly inaugurated Gurgaon convention centre spans 12,000 square feet and can host approximately 300 to 400 guests.
- Who
- DK Vertex, led by Vertex Group Founder and President Gagan Arora, is undertaking the expansion.
- What
- The company announced a ₹300 crore plan to develop more than 30 convention and business centres across 10 cities.
- Where
- The first facility described is in Udyog Vihar, Gurgaon, while planned locations include Jaipur, Mohali, Indore and Visakhapatnam.
- When
- The expansion plan was announced on Tuesday, with the report published on September 8, 2026; the company’s growth outlook covers the next three years.
- Why
- DK Vertex says there is significant potential for convention and event spaces in emerging business and industrial centres beyond major metros.
Key facts
- Planned investment
- ₹300 crore
- Expansion target
- More than 30 centres across 10 cities
- Planned seating capacity
- 50,000 seats
- New facility
- DK Vertex Convention Centre in Udyog Vihar, Gurgaon
- Facility size
- 12,000 square feet
- Main hall capacity
- Approximately 300 to 400 guests
- Expected business growth
- Approximately twofold annually over the next three years
Quotes
Ravi Nandan Sinha
Director of MSME Business Forum India
“Through MSME Manager, the SPV created to support and simplify various aspects of doing business for India's MSMEs, we have already built a strong foundation for this partnership. The convention centre takes that association a step further by creating a dedicated platform for business engagement, collaboration and international partnerships.”
thehindubusinessline.com
“With a ₹300 crore investment plan to expand to more than 30 centres across 10 cities with 50,000 seats, we see this convention centre as part of a much larger journey to build an integrated ecosystem of spaces that respond to how modern businesses operate”
thehindubusinessline.com
Sources
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