IHCL plans Rs 7,500 crore capex over five years under Accelerate 2030
Indian Hotels Company will deploy Rs 6,000-7,500 crore over five years, including a Rs 2,000 crore Taj Bandstand project in Mumbai, targeting 700+ hotels from ~630 and Rs 15,000 crore revenue. Backed by Rs 1,200 crore annual free cash flow and robust domestic tourism demand.
IHCL will invest Rs 6,000-7,500 crore over five years under its Accelerate 2030 plan, including a Rs 2,000 crore Taj Bandstand Mumbai project, targeting 700+ hotels and Rs 15,000 crore revenue amid robust domestic tourism demand.