India Expo Centre and Mart builds 134-room hotel at ₹100 crore
The company will deploy more capital to set up another hotel by 2024 of a similar scale. The company said it has been profitable since its inception in 2004, barring the covid period when meetings and events were suspended, and its second hotel will be built from its IPO proceeds
NEW DELHI: India Expo Centre and Mart, an enterprise of the ministry of textiles and handicrafts as well as exporters, based in Greater Noida, has built an upscale hotel on its 56 acre premises. The hotel will have 134 rooms and will open for business around mid December.