Corporate Expansions and Tech Developments Dominate Market Focus
ITC Hotels expands its footprint in Andhra Pradesh and Telangana with two new managed properties under its Welcomhotel brand. The Hyderabad Panjagutta location will offer 117 rooms, while Nellore's outpost features 127 rooms, signaling aggressive hospitality sector growth.
Aditya Infotech's CP Plus unveils ambitious plans to produce 9 million CCTV IP cameras within three years, leveraging indigenous chip technology from L&T Semiconductor. The fabless company's system-on-chip supports 8-megapixel imaging, positioning India as a potential surveillance hardware hub.
Lemon Tree Hotels extends its Jharkhand presence with a 45-room franchised property in Ranchi, complete with multi-cuisine dining and recreational facilities. This follows their Jamshedpur launch, demonstrating regional hospitality chain scalability.
