Ambuja Neotia, IHCL to invest up to ₹3,000 crore in 9 hospitality projects in Bengal
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- ✓Ambuja Neotia and IHCL will invest up to ₹3,000 crore in nine hospitality projects across West Bengal.
- ✓Officials said on Saturday that these developments will span locations like Kolkata, Darjeeling, and Siliguri.
- ✓Harshavardhan Neotia said, "Our investment commitment of about ₹2,700-3,000 crore reflects our confidence in the region's tourism potential."
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- BUSINESS
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- Business Line
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- 3 Minute(s)
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- India Economy
Upcoming projects spread across Kolkata, Raichak, Digha, Siliguri, Lataguri, Kalimpong and Darjeeling, Ambuja Neotia Group chairman says
The Ambuja Neotia Group will invest around ₹3,000 crore over the next five to seven years on nine projects in West Bengal's hospitality sector in partnership with the Indian Hotels Company Ltd (IHCL), officials said on Saturday.
The upcoming projects in the state are spread across Kolkata, Raichak, Digha, Siliguri, Lataguri, Kalimpong and Darjeeling, said Harshavardhan Neotia, Chairman, Ambuja Neotia Group.
Neotia, along with MD and CEO of IHCL, Puneet Chhatwal, on Saturday unveiled the AltAir House - IHCL SeleQtions - in Kolkata and Siliguri.
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