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IHCL looking for investment, acquisition opportunities in Gujarat

Mumbai | Indian Inns Firm Restricted (IHCL) is exploring funding and acquisition alternatives to broaden its presence in Gujarat. IHCL govt vice-president Deepika Rao advised PTI that IHCL has 19 properties in Gujarat, out of which 15 are working accommodations, whereas 4 are below building. He mentioned that every one the properties could be operational within the subsequent three years (by 2025).

The corporate has lately opened two accommodations in Ahmedabad named Jizar and Vivanta. Rao mentioned the corporate is current in eight cities of Gujarat. “We’re on the lookout for related alternatives within the state. We’re additionally exploring alternatives in new industrial facilities like Bharuch and Vapi. He mentioned that the corporate can also be exploring the probabilities of creating new investments within the state in addition to acquisition of present initiatives.

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