What MPCON does

MPCON Ltd. is a professionally managed technical consultancy organization established in 1979 and headquartered in Bhopal, Madhya Pradesh. It operates as a subsidiary of IFCI Limited, a Public Sector Undertaking under India's Ministry of Finance, with additional shareholders comprising five PSU banks (Union Bank, Central Bank, SBI, PNB, Bank of India) and Madhya Pradesh State Government Corporations. The company positions itself as the premier consulting organization in Central India, with offices in Bhopal, Raipur (CITCON), and Indore, and a total headcount of 78 personnel comprising 28 staff and 50 consultants/associate consultants.

MPCON's service portfolio spans Human Resource Development (Entrepreneurship Development Programs, Skill Development Programs, Faculty Development, Technology-Based EDPs, Internships, and Workshops), Project & Management Consultancy (DPRs, feasibility studies, sick-unit rehabilitation), IT & E-Governance (GIS HRDMS, ERP, hospital management, digitization), Climate Change Advisory and Carbon Credits Trading (CDM, VCS, GS, IREC), Quality Management Systems (ISO advisory), Agriculture, Tourism, Energy & Environment, CSR implementation, Urban Infrastructure, and Manpower Outsourcing. The underlying technology stack is conventional enterprise IT rather than a proprietary platform; there is no API, mobile app, or AI/ML capability disclosed.

MPCON makes money primarily through professional services fees from government-sponsored training programs and consultancy engagements, supplemented by transaction fees on carbon credits trading. Programs are sponsored by central and state government departments and PSU shareholders; pricing is quote-based and engagement-specific with no public pricing model. Customer concentration is almost entirely in Indian central government ministries, state departments of Madhya Pradesh and Chhattisgarh, and PSU financial institutions, with limited private-sector exposure.

Name

MPCON

Legal name

MPCON Ltd.

Website

https://mpconsultancy.org

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

11–50 employees

Short description

MPCON Ltd. is a Bhopal-headquartered government-affiliated technical consultancy, subsidiary of IFCI Limited, providing project consultancy, training programs, IT/e-governance, and carbon credit advisory services to central and state government departments and PSU institutions across India.

Ownership category

akta.pro rank

Product category

Management Consulting Services

NAICS

Other Management Consulting Services (541618), Environmental Consulting Services (54162), Computer Systems Design and Related Services (54151)

SIC

Services-Management Services (8741)

akta.pro primary industry

Public Sector & Policy Consulting (BPAHACAN)

akta.pro secondary industries

Climate Finance, Carbon Markets & MRV Systems (BPADALAB), Infrastructure & Project Finance Advisory (BPAHADAO), Project Preparation Facilities & Technical Assistance Windows (BPADAOAI), Program & Portfolio Management (PPM) (EDABAHAB)

Keywords

• Management consulting services
• Entrepreneurship development programs
• Skill development training
• IT consultancy services
• Carbon credits trading

Headquarters

HQ city

Bhopal

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Consultancy Services: Need-based consultancy services provided to Government and Private Sectors covering various sectors including Agriculture, IT, Environment, Energy, Tourism, Infrastructure, CSR implementation, and Rehabilitation Studies for Sick Units.
2. Training Programs: Organizing Entrepreneurship Development Programs, Skill Development Programs, Faculty Development Programs, and other training initiatives sponsored by Central and State Government Departments. Duration typically 4-6 weeks for EDPs.
3. Carbon Credits Trading: Trading of environmental commodities including CP1 CER, CP2 CER, VCU, GS CER, GS VER, GS WBC, IREC, GS IREC, REDD/REDD+, EUA, PAF, CORSIA & ACA eligible credits in International Carbon Markets.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

MPCON is a professionally managed Technical Consultancy Organization providing need-based consultancy services and training programs to Government and Private Sectors across multiple domains including Human Resource Development (EDPs, SDPs, FDPs), Climate Change/Carbon Credits, IT & E-Governance, Project & Management Consultancy, Agriculture & Allied Sectors, Tourism, Energy & Environment, Quality Management Systems, CSR, and Urban/Infrastructure Development. Services include Detailed Project Reports, Techno Economic Feasibility Studies, evaluation studies, and entrepreneurship promotion primarily in Madhya Pradesh and Chhattisgarh.

Product overview

MPCON is a professionally managed technical consultancy organization offering a comprehensive portfolio of consulting and training services. The core offering centers on Human Resource Development programs including Entrepreneurship Development Programs (EDP), Skill Development Programs (SDP), Faculty Development Programmes (FDP), Technology-Based Entrepreneurship Development Programs (TEDP), Entrepreneurship Awareness Camps (EAC), Internship Programs, and Workshop Seminars. Beyond HRD, MPCON provides specialized consultancy services across Climate Change/carbon credits, IT & E-Governance, Project & Management, Agriculture & Allied Sectors, Tourism, Energy & Environment, Quality Management Systems (QMS), Corporate Social Responsibility (CSR), Urban Infrastructure Development, and Infrastructure Development. The company operates as a single unified consultancy organization (not a platform-plus-modules architecture), with services delivered through various specialized divisions that share expertise in project consultancy and capacity building.

Differentiator

Problem solved

Functional benefit

Products and services

• Human Resource Development (Training & Consultancy) Core training and consultancy service encompassing entrepreneurship development programs, skill development, faculty training, internship programs, workshops, and manpower services for target groups including students, youth, women, and SC/ST/OBC candidates in Madhya Pradesh and Chhattisgarh.
• Entrepreneurship Development Program (EDP) 4-6 week intensive training programs designed to train target groups including students, youth, and women in the essentials of conceiving, planning, initiating, and managing enterprise ventures successfully, with follow-up monitoring for one year.
• Skill Development Program (SDP) Skill development and upgradation training programs conducted across multiple states (Madhya Pradesh, Chhattisgarh, Gujarat, Assam, Tamil Nadu, Karnataka, Meghalaya, Sikkim, West Bengal, Manipur) to enhance employability and self-employability of target groups.
• Climate Change Program Advisory Services Advisory services for carbon credit programs including Clean Development Mechanism (CDM), Voluntary Carbon Standards (VCS), Gold Standard (GS), IREC, carbon credits trading, and business excellence consulting across CP1 CER, CP2 CER, VCU, GS CER, GS VER, GS WBC, IREC, GS IREC, REDD/REDD+, EUA, PAF, CORSIA & ACA eligible credits.
• IT Consultancy & E-Governance IT consultancy services with 18+ years of experience covering GIS HRDMS, digitization of records, compliant management systems, call centers, website designing, hospital management systems, ERP development, IT managed operations, and digital evaluation for government and private sector clients.
• Project and Management Consultancy Consultancy services including Detailed Project Report (DPR) preparation, Techno Economic Feasibility Reports (TEFR), market potential surveys, evaluation studies, raw material availability studies, loan syndication, and sick unit rehabilitation studies.
• Agriculture & Allied Sectors Consultancy Consulting services in agriculture, horticulture, animal husbandry, fisheries, and medicinal plants covering capacity building, project reports, District Agriculture Plan preparation, and food processing unit consultancy.
• Tourism Sector Services Tourism consultancy including feasibility studies, project consultancy, training, and capacity building for tourism-related activities.
• Energy & Environment Consultancy Technical and management consultancy for energy and environment projects including planning, feasibility studies, environmental impact assessments, and solid waste management.
• Quality Management Services (QMS) Quality management services including ISO certification support, preparation of quality procedure manuals, quality audits, data entry processing, administrative support, facilities support, records management, and management information systems.
• Corporate Social Responsibility (CSR) CSR implementation services for SMEs, financial institutions, and corporate sectors including village adoption, skilling and placement programs, health camps, rain water harvesting, and rural development activities.
• Urban Infrastructure Development Urban planning and infrastructure development services including city development planning, Detailed Project Report preparation, feasibility studies for roads, and traffic surveys.
• Infrastructure Development Consultancy Infrastructure development consulting for Special Economic Zones (SEZ), industrial parks, food parks, apparel parks, real estate management, and Techno Economic Project Reports.
• Manpower Outsourcing Manpower outsourcing services providing outsourced employees to clients through empanelled agencies, handling recruitment, interviewing, and placement processes.

Quantifiable outcome

• Over 45 years of operation as premier consulting organization in Central India
• +1 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• KITCOminorOthersListed as an Associate company in the IFCI Group network

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Development Alternatives: Social enterprise focused on sustainable development, skilling, and rural livelihoods. Comparable to MPCON's CSR implementation, entrepreneurship development, and skill development programs targeting underprivileged beneficiaries.

Direct peers

• IPE Global: Development consultancy delivering advisory services across skilling, entrepreneurship, CSR, and sustainable development. Comparable to MPCON's HRD/EDP/SDP offerings and multi-state program delivery, though with a more international footprint.
• TERI (The Energy and Resources Institute): Research and policy institute providing energy, environment, and sustainability advisory including carbon markets. Comparable to MPCON's Climate Change Program (CDM/VCS/Gold Standard) advisory and broader energy/environment consultancy services.
• WAPCOS Limited: Government of India enterprise under the Ministry of Jal Shakti providing consultancy in water, infrastructure, and environment. Directly comparable to MPCON's infrastructure development and project consultancy services, with similar PSU ownership and public-sector mandate model.
• NABCONS (NABARD Consultancy Services): Government-promoted consultancy arm of NABARD offering project consultancy, training, and development advisory across rural and agriculture sectors. Direct peer given similar PSU-backed structure, government client base, and overlap in skilling/entrepreneurship programs.

Broad incumbents

• Engineers India Limited (EIL): Government-owned engineering consultancy offering project management, feasibility studies, and technical advisory across infrastructure and energy. Comparable to MPCON's project consultancy and infrastructure development services at a much larger scale.
• PwC India: Big-4 consulting firm providing management consulting, risk, and public sector advisory across India. Comparable to MPCON's general management consulting and government-facing services, though addressing a far larger and more sophisticated client base.
• KPMG India: Big-4 consulting firm with a substantial public sector and development advisory practice. Comparable to MPCON's government consulting and ISO/quality management services at a national/global scale.
• CRISIL Limited: Large Indian analytics and consulting firm providing research, risk, and infrastructure advisory. Comparable to MPCON's project feasibility, evaluation studies, and infrastructure consultancy at a national scale.

Regional players

• NSIC (National Small Industries Corporation): Government-promoted organization supporting MSMEs through skilling, incubation, and consulting. Comparable to MPCON's MSME-related entrepreneurship and skill development programs, though NSIC is a direct client as well as an adjacent player.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MPCON