IHCL chalks out capex plan worth Rs 7,500 crore
Tata Group's hospitality brand IHCL has chalked out a capital expenditure (CAPEX) plan of Rs 6,000 crore to Rs 7,500 crore over the next five years. A major part of that investment will go to the flagship luxury property, Taj Bandstand, Mumbai.
The 50-floor and 500-room luxury hospitality project will take an investment of Rs 2,000 crore.
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