Nirma Group Plans Five-Star Hotel Entry In Ahmedabad

07 Jan 2026 CW Team

Nirma Group is preparing to enter the hospitality sector as part of a broader diversification strategy, according to people familiar with the matter. The Ahmedabad-based conglomerate, with operations spanning detergents, chemicals, cement and healthcare, has applied for environmental clearance to develop a five-star hotel targeting the upper-upscale segment.

The group, which has an estimated turnover of around Rs 122.07 billion, is planning a 555-room hotel along the Sarkhej–Gandhinagar Highway, one of Ahmedabad’s fastest-growing commercial corridors. Sources said the proposed project is expected to cater to rising demand from corporate travellers and large-scale events.

Nirma Group has also initiated discussions with several global and domestic hotel operators, including Indian Hotels Company Ltd, Hyatt Hotels and Marriott International. However, people aware of the talks said that no operating agreement has been finalised so far.

The hotel is expected to become operational ahead of the 2030 Commonwealth Games, positioning it to benefit from increased demand for premium accommodation linked to international sporting events as well as sustained growth in business travel. An email sent to a Nirma Group official seeking comment did not elicit a response at the time of publication.

Commenting on the sector’s outlook, Nandivardhan Jain, founder and chief executive of hotel investment and branded residences advisory firm NOESIS, said demand conditions in India’s hospitality market have deepened significantly compared with previous years.

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..