India-based ITC Hotels Takes Luxury to A Whole New Level
A world leader in the hospitality business, India-based ITC Hotels is one of the country's largest hotel chains with more than 100 properties in over 70 destinations in the country. As India is currently experiencing economic growth of 7.6%,one of the fastest growing economies in the world, ITC is expanding, particularly its luxury division.
"A lot of businesses are looking at making foreign investments in India now," explains Bindu Panicker, general manager of ITC's corporate communications. And as foreign investment comes to India, international companies are looking to set up a base there. "As a result, the largest growth will be in the upscale, luxury sector, so that's where we are expanding," she adds.
