Published On:November 1 2026
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Ambuja Neotia–IHCL to Invest ₹2,700 Crore in West Bengal Hospitality Projects
Kolkata, October 31, 2026: Ambuja Neotia Group, in partnership with Indian Hotels Company Limited (IHCL), has announced a ₹2,700 crore hospitality investment programme in West Bengal, aimed at expanding luxury hotels, resorts and convention facilities across the state.
The investment covers hospitality developments in Kolkata, Siliguri, Darjeeling, Kalimpong, Lataguri, Digha and Raichak. The programme includes premium hotels under IHCL’s Taj and SeleQtions brands, strengthening the state's tourism infrastructure and accommodation capacity.
As part of the initiative, the partners have inaugurated two AltAir House–IHCL SeleQtions hotels in Kolkata and Siliguri, featuring 42 and 60 rooms respectively. The investment also includes a ₹100 crore expansion of Taj Chia Kutir Resort & Spa in Darjeeling, adding 28 rooms and 15,000 square feet of banqueting facilities.
The partnership currently encompasses 20 hospitality properties in West Bengal, including 11 operational hotels and nine projects under development.
Ambuja Neotia Chairman Harshavardhan Neotia highlighted the state's tourism potential, while IHCL Managing Director and CEO Puneet Chhatwal emphasised the companies' expanding collaboration.