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India: Tata group to invest $107 million to open 55 Ginger hotels in India| indiatimes.com


Tata group firm Roots Corporation that runs mid-budget hotel chain Ginger, today said it will invest over Rs 600 crore in the next four years to open 55 new properties across the country. Roots Corporation, which is a subsidiary of Indian Hotels Company Ltd, currently operates 24 hotels and the 25th one was inaugurated today at Faridabad in Haryana.

Source: Hospitality Net