IHCL plans ₹7,500 cr capex over 5 years, eyes 1,000 Ginger hotels and new northern markets
Indian Hotels will fund ₹6,000-7,500 crore of capex from internal accruals to scale its 630-property portfolio, adding 132 hotels in FY26 alone. Chairman Chandrasekaran flags expansion into the North East, Punjab and Himachal, while targeting a fourfold rise in Ginger to 1,000 properties.
IHCL plans ₹6,000-7,500 crore capex over five years from internal accruals, expanding hotels across India's North East, Punjab and Himachal Pradesh, and aims to scale Ginger from 250 to 1,000 properties.
Why this matters
IHCL signals aggressive footprint expansion, anchoring growth on the budget Ginger brand and untapped northern and north-eastern markets while funding entirely through internal accruals.
Retail-company signals accelerating at +438600% QoQ.