Indian Hotels Company (IHCL), the parent company of Taj Hotels and a Tata Group hospitality arm, has expanded its partnership with the Kolkata-based Ambuja Neotia Group to develop 15 new hotels.

The new projects will span West Bengal, Sikkim, and Himachal Pradesh, and are expected to be completed over the next three to seven years. The Ambuja Neotia Group will invest around Rs 2,500 crore in these projects, funded primarily through debt, internal accruals, and potentially future fundraising.

The new properties will include a mix of greenfield, brownfield, and conversion projects. Select developments will feature Taj-branded villas in Darjeeling, Sikkim, Lataguri, and Raichak. The upcoming hotels include a Taj resort in Sunderban, Darjeeling, Shimla, and Rabong, SeleQtions hotels in Kolkata and Siliguri, and a Tree of Life in Lataguri. Four of these properties are already under construction and are expected to be operational within the next three years.

“This capital light arrangement will grow the partnership between the groups to over 40 hotels,” said Puneet Chhatwal, Managing Director and CEO of IHCL. The collaboration targets doubling IHCL’s hotel portfolio to over 700 by 2030.