Hilton chalks out twin strategy for India

Follow Prabhjot Bedi on Twitter Leading global hospitality chain Hilton has penned a two-pronged strategy to check into the burgeoning hospitality market in India.

n an application submitted to FIPB, Hilton International Co (HIC) has proposed to invest around $143 million over five to seven years in the JV company to develop 50-75 hotels and serviced apartments across the country. Hilton has stated that the JV company will later be listed in the Indian stock exchanges.

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