Inside Indian Hotels’ Bold ₹2 Billion Mid-Scale Hotel Takeover Krishnadevan V, Indian Hotels bets big on India’s middle class, using Clarks to double Ginger’s scale and secure the fastest-growing hospitality tier.

1/2 Indian Hotels’ ₹2 billion bet on Clarks is more than an acquisition—it’s a scale play. By doubling Ginger to nearly 240 properties, IHCL has seized the mid-scale sweet spot where India’s 500 million aspirational consumers are checking in.

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