IHCL plans Rs 6,000-7,500 cr capex over 5 years, anchored by Rs 2,000 cr Taj Bandstand tower in Mumbai
Indian Hotels Company (Taj) will spend Rs 6,000-7,500 crore through FY2030-31 on India and overseas expansion, led by a 50-storey, 500+ room Taj Bandstand tower in Mumbai. Debt-free with Rs 4,300 crore cash, the group keeps an asset-light, internally funded strategy while adding a Frankfurt property.
IHCL (Taj) plans Rs 6,000-7,500 crore capex over five years for India and overseas expansion, centred on a Rs 2,000 crore 500-room Taj Bandstand tower in Mumbai, funded internally. Debt-free, asset-light strategy continues with new Frankfurt property and digital investment.