Tag: ITC

ITC to add 2,500 rooms in next five years

ITC Kohenur Hyderabad ITC Limited said it plans to add 2,500 rooms to its hotel segment to take the total inventory to 12,000 in five years. At present, the group has 9,500 rooms. Sanjiv Puri, Managing Director, ITC said the company would invest Rs 2,500 crore in the next two to three years in Telangana, among others, to set up an integrated consumer goods manufacturing unit and logistics facility and for the capacity augmentation and efficiency of Bhadrachalam Paperboard. ITC has appointed a committee internally to examine the possibility of foraying into the healthcare space. Once it submitted its report, ... Read more