{"id":8227,"date":"2024-06-14T03:31:32","date_gmt":"2024-06-14T03:31:32","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=8227"},"modified":"2024-06-14T03:31:32","modified_gmt":"2024-06-14T03:31:32","slug":"tatas-for-major-expansion-in-goa-set-to-pump-in-rs-300-crore","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/tatas-for-major-expansion-in-goa-set-to-pump-in-rs-300-crore\/","title":{"rendered":"Tatas for major expansion in Goa, set to pump in Rs 300 crore"},"content":{"rendered":"<p>Indian Hotels Company Limited(IHCL), the hospitality arm of the<u>Tata Group<\/u>, has prepared a robust expansion roadmap for Goa, and intends to invest around Rs 300 crore in new properties in the state. The company is looking to add to <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> its existing portfolio of 23hotels in Goaby opening up several new resorts over the next two to three years.<\/p>\n<p>Among the new projects IHCL intends to set up is a super luxury dream project at the Fort Aguada and Taj Holiday Village, Sinquerim.<\/p>\n<p>In 2021-22, amidst the pandemic, IHCL raked in a profit of Rs 160 crore just from Goa. <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> The state contributed 45% to IHCLs topline in 2021-22, but going forward, this is expected to settle at around 40%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian Hotels Company Limited(IHCL), the hospitality arm of theTata Group, has prepared a robust expansion roadmap for Goa, and intends to invest around Rs 300 crore in new properties in the Join Our Telegram Channel Subscribe on YouTube state. The company is looking to add to its existing portfolio of 23hotels in Goaby opening up &#8230; <a title=\"Tatas for major expansion in Goa, set to pump in Rs 300 crore\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/tatas-for-major-expansion-in-goa-set-to-pump-in-rs-300-crore\/\">Read more <span class=\"screen-reader-text\">Tatas for major expansion in Goa, set to pump in Rs 300 crore<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1095],"tags":[762],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tatas for major expansion in Goa, set to pump in Rs 300 crore - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/tatas-for-major-expansion-in-goa-set-to-pump-in-rs-300-crore\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tatas for major expansion in Goa, set to pump in Rs 300 crore\" \/>\n<meta property=\"og:description\" content=\"Indian Hotels Company Limited(IHCL), the hospitality arm of theTata Group, has prepared a robust expansion roadmap for Goa, and intends to invest around Rs 300 crore in new properties in the state. 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The company is looking to add to its existing portfolio of 23hotels in Goaby opening up several new resorts over the next two ... 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