Published On:October 8 2014
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Shruti Shibulal plans to go global with hospitality brand 'Tamara'.
Shruti Shibulal, daughter of SD Shibulal, co-founder and former CEO of Infosys, is looking to take her hospitality brand Tamara global.
'I would like to take the best of what we have in India in terms of our service culture and guest experience to many more places around the world,' she told BusinessLine.
Asked which is the first global location for Tamara, she said: 'I really haven’t pinned down a location, but my vision for Tamara is to see it as a global brand.'
Tamara Real Estate Holding & Development, the hospitality venture of Innovations Investment Management (Shibulal's family office that takes care of the family’s assets and wealth), currently owns real estate in India and abroad.
The company owns land in Kodaikanal and Madurai in Tamil Nadu; Thiruvananthapuram, Kochi, Guruvayur and Muhamma in Kerala; and Whitefield and Jayanagar in Bangalore. It also has real estate assets in the US and Germany.
Stating that an investment of Rs. 80 crore, excluding cost of land, is being pumped into the next Tamara project - a five-star, city business hotel with 200 rooms in Thiruvananthapuram- she said, the next project at Kodaikanal is still at the conception stage and would be followed by other hotels at locations where the company owns land.
HBL