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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 Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..