Madhya Pradesh Travel Mart (MPTM) 2026 has emerged as a major platform for various investments worth a total estimated 3,729 INR-Crore. The platform brought together tourism professionals, hotel operators, investors, policymakers and other stakeholders.
MPTM 2026 gained investment proposals across luxury hotels, resorts, wellness resorts and retreats, villas, golf courses, wildlife lodges and sustainable resorts along with waterfront tourism projects. Additionally, ARM foods private limited has signed a Memorandum of Understanding (MoU) worth an estimated 848.40 INR-Crore. The project will be located in Ramgarh, Sehore district and include an international-standard golf course, luxury villas, a wellness resort and a luxury hotel. Meanwhile Rajsan hotels private limited has signed an agreement with the Madhya Pradesh Tourism Board for an estimated investment of 520 INR-Crore. The company plans to develop wildlife resorts around the following tiger reserves:
- Bandhavgarh Tiger Reserve
- Satpura Tiger Reserve
- Kanha Tiger Reserve
Also Read: Upcoming NHIDCL Four-Laning of Baihata Chariali to Tezpur Section of NH-15, Assam
Several companies presented their proposals for luxury hospitality, heritage conservation, and wildlife tourism projects in MPTM 2026. The major proposals included:
- Atmosphere group: Proposed investments worth an estimated 500 INR-Crore in Ujjain, Indore and wildlife tourism destinations.
- Rainey Group: Proposed 130 INR-Crore to redevelop the 350 year old Lunera Sarai in Mandu as a Welcome Hotel by ITC. Additionally, proposals involving 290 INR-Crore including a waterfront resort at Kunti Dam in Khajuraho is part of their investment.
- Sarv Group: Proposed total investment of 300 INR-Crore, including a 100 INR-Crore ultra-luxury resort in Madhai. It is in partnership with Taj Safaris.
- MRVH Resorts: A 200 INR-Crore Ramada Resort by Wyndham project in Omkareshwar, with completion targeted for the end of 2026, ahead of Simhastha 2028. Additionally, the company has planned investment worth 150 INR-Crore for other destinations.
- Ramco Group: Proposed 120-140 INR-Crore for sustainable resorts in wildlife tourism circuits.
- Varay Hotels: Proposed an 80 INR-Crore hotel in Ujjain.
- Evolve Back: Proposed a 50 INR-Crore project in Mandu.
Moreover, Letters of Award (LoA) have been issued for 2 major heritage projects. The major projects are:
- Panna heritage hotel: Virendra Jadaun and Ratna Jadaun received an agreement to develop a heritage hotel at the historic Lakshmipur Palace in Panna district, involving an investment worth 10 INR-Crore.
- Orchha resort: Anup Sharma, partner at Palia Construction, Gwalior, received an LoA for developing a resort with a proposed investment of 50 INR-Crore.
Also Read: Upcoming Mixed-Use Development – Valor L&T Conrad, BKC, Mumbai
MPTM 2026 provided the required platform to strengthen hospitality infrastructure and promote sustainable tourism. The proposed investments showcase the sector’s development priorities across the state.
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