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23 Oct 2024 CW Team

According to a recent KPMG report, the global sustainable tourism market is projected to reach approximately $ 9.17 trillion by 2032. Aligned with this, with its diverse portfolio of 345 hotels, including 115 under development across four continents and over 130 locations, IHCL is gearing up for significant expansion in the coming years, Suma Venkatesh, Executive Vice President, Real Estate & Development, IHCL, informs CW.

What are IHCL's key expansion plans in the coming years and how are they aligning with the evolving trends in India's hospitality sector?
IHCL’s re-imagined brandscape including Taj, SeleQtions, Tree of Life, Vivanta, Gateway and Ginger caters to a wide range of customer segments. With its diverse portfolio of 345 hotels, including 115 under development across four continents and over 130 locations, IHCL is gearing up for significant expansion in the coming years. This growth is largely driven by increasing disposable incomes and changing travel preferences in India, where hospitality is evolving from a luxury to an essential aspect of modern life. Enhanced connectivity across the country has spurred unprecedented demand, particularly in Tier 2 and Tier 3 cities, which now account for nearly 70 per cent of the industry’s development pipeline...

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Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..