R P Group to invest Rs 1,000 crore in India this year
Baharin-based R P Group of companies plans to invest Rs 1,000 crore in the hospitality sector in India during this year, a top official said on Friday.
By PTI | Updated:
KOZHIKODE: Baharin-based R P Group of companies plans to invest Rs 1,000 crore in the hospitality sector in India during this year, a top official said on Friday.
The company's immediate project is a five-star hotel in Kollam district which would be inaugurated on August 19, by Kerala Chief Minister Oommen Chandy, the group Chairman Ravi Pillai told reporters here.
The group has also set up an international standard 16-storey mall here which would have the first multiplex theatre in the Malabar region, he added.
The mall would occupy the first four floors while the other floors would be used for a four-star hotel with 74 rooms, Pillai said.
The company's immediate project is a five-star hotel in Kollam district which would be inaugurated on August 19, by Kerala Chief Minister Oommen Chandy, the group Chairman Ravi Pillai told reporters here.
The group has also set up an international standard 16-storey mall here which would have the first multiplex theatre in the Malabar region, he added.
The mall would occupy the first four floors while the other floors would be used for a four-star hotel with 74 rooms, Pillai said.
Start a SIP with as low as ₹500 with ET Money App!
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
