IHCL to invest ₹6,000-7,500 cr over 5 years, targets 700+ hotels and ₹15,000 cr revenue by 2030
Tata's Indian Hotels commits ₹6,000-7,500 cr capex over five years, anchored by a ₹2,000 cr Taj Bandstand luxury property in Mumbai. The group aims to scale from 630 to 700+ hotels and lift revenue to ₹15,000 cr by 2030, backed by ₹1,200 cr annual free cash flow and rising domestic tourism.
Tata's IHCL commits ₹6,000-7,500 cr capex over five years, including ₹2,000 cr Taj Bandstand luxury property in Mumbai. Targets ₹15,000 cr revenue and 700+ hotels by 2030, backed by recent acquisitions and growing domestic tourism.
Why this matters
IHCL's ₹6,000-7,500 cr commitment builds on its earlier ₹7,500 cr capex plan targeting 1,000 Ginger hotels and new northern markets, signaling sustained aggressive expansion across luxury and budget segments.
Retail-company signals accelerating at +449800% QoQ.
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- Business Standard · Companies — 3h after first sighting