Chairman and managing director Sanjiv Puri said ITC is looking to add more than 70 hotels over the next five years in India, mostly through management contracts. Its next greenfield hotel property will open in the coastal city of Puri in Odisha.
Green shoots of recovery are emerging in the rural economy. Inflation is becoming moderate now. India is the best performing economy, Puri said on the sidelines of CII Global Economic Policy Forum