We leverage technology to optimise operations

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...

To read the full article Click Here

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..