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The Economic Times
The Economic Times

DS Group to hike investment in hospitality segment to Rs 1,500 cr: Vice-Chairman Rajiv Kumar

New Delhi: Indian conglomerate Dharampal Satyapal Group (DS Group), known for brands including Rajnigandha and Catch, is increasing its investment in the hospitality sector to Rs 1,500 crore as its initial target to double room count will be achieved ahead of schedule, according to Vice-Chairman Rajiv Kumar.

Dharampal Satyapal Group (DS Group), which on Wednesday announced a new hospitality project in partnership with Marriott International under the 'W Hotels' luxury brand near the Indira Gandhi International Airport here in the Capital, is also scouting for brownfield acquisitions and also looking to expand in North East India, Kumar told PTI in an interview.

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