IHCL to invest Rs 6,000-7,500 crore in capex over five years, adds 50-floor Taj Bandstand in Mumbai
Tata Group-owned Indian Hotels Company plans Rs 6,000-7,500 crore of capital expenditure over the next five years, per Chairman N Chandrasekaran. The pipeline includes a 50-floor, 500-room Taj Bandstand luxury property in Mumbai at an estimated Rs 2,000 crore.
Tata-owned IHCL plans Rs 6,000-7,500 crore capex over five years for expansion, including the upcoming 50-floor, 500-room Taj Bandstand luxury property in Mumbai at ~Rs 2,000 crore, said Chairman N Chandrasekaran.
Why this matters
The capex push follows IHCL's sixth straight record quarter with FY26 revenue topping Rs 9,971 cr, extending its expansion as Indian hotel chains post double-digit Q1FY26 growth and surging RevPAR.
Retail-company theme accelerating at +481900% QoQ.