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Nepalese Billionaire, Tata Group To Expand Hotel Footprint Across India, Himalayas

Nepalese Billionaire, Tata Group To Expand Hotel Footprint Across India, Himalayas
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From masses to classes: Is Mukesh Ambani gunning for hotel business?

Reliance Industries, led by Chairman Mukesh Ambani, is expanding its presence in the hotel business through a partnership with The Oberoi Hotels and Resorts. The company s diversification strategy has seen it enter various industries, including telecoms, retail, green energy, and now finance. Reliance s deep pockets could be beneficial for the hotel industry, which is facing challenges due to high capital costs and underinvestment.

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