Rajasthan-based real estate and infrastructure company Manglam Group has announced plans to invest ₹1,000 crore (approximately US$120 million) to expand its presence in the hospitality sector, marking a strategic diversification into new business verticals.
The proposed investment will be directed towards developing new hotel projects and enhancing service offerings to cater to both domestic and international travellers. According to a senior company official, the expansion forms part of Manglam Group’s broader strategy to capitalise on India’s rising tourism demand, with a particular focus on luxury and premium hospitality segments in key tourist destinations.
Focus on Luxury Hospitality
Manglam Group plans to develop high-end hotels and resorts equipped with modern amenities and superior service standards, in response to growing demand for quality accommodation in major tourism hubs. The company aims to strengthen customer experience through carefully chosen locations and contemporary infrastructure.
Market Opportunity
India’s hospitality sector has been witnessing strong momentum, supported by increased domestic travel, rising business activity, and international tourist arrivals returning to pre-pandemic levels. Rajasthan, being a major tourism-driven state, is expected to benefit significantly from this expansion.
Economic and Employment Impact
The group’s foray into hospitality is expected to generate employment opportunities and stimulate local economic activity, particularly in Rajasthan, where tourism plays a critical role in economic development.
Manglam Group stated that it has already outlined a roadmap for launching multiple hospitality ventures in the coming years, reflecting its long-term confidence in India’s hotel and tourism industry and its commitment to contributing to the sector’s growth.
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