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PRESSROOM
IHCL ENTERS INTO STRATEGIC PARTNERSHIP FOR 10 HOTELS & 1000+ KEYS; EXPANDING THE GINGER BRAND IN SOUTH INDIA
August 18, 2025|||
3 min
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Homepage > Press Room > IHCL ENTERS INTO STRATEGIC PARTNERSHIP FOR 10 HOTELS & 1000+ KEYS; EXPANDING THE GINGER BRAND IN SOUTH INDIA
Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the agreement signing for 10 new hotels spread across southern states of India. This capital light arrangement will be an operating lease agreement under the Ginger brand.
Ms. Suma Venkatesh, Executive Vice President, Real Estate & Development, IHCL said, “Ginger represents IHCL’s strategic response to capitalize on the growing opportunity in the midscale segment in India for the aspirational traveller. The brand with its relevancy straddles all city categories and destinations from metros, state capitals, commercial centres, industrial townships, pilgrimage sites and leisure hot spots. Signing of this framework agreement for 10 Ginger hotels across the southern states is reflective of this potential. We are delighted to expand the Ginger brand with Madison, the hospitality platform of Terminus Group and JV Ventures.”
The 10 new hotel sites will primarily be greenfield and brownfield projects and this partnership has commenced with the signing of 75-key Ginger hotel in Genome Valley in Telangana. Strategically located in the R&D Hub of the state, it will be the first branded hotel. Featuring Ginger’s signature all-day dining restaurant, Qmin, it will offer a delectable culinary experience. Guests will also have access to a well-equipped fitness centre and meeting spaces, making it an ideal choice for both short and extended business stays.
Mr. S.P. Reddy, Co-Founder, Madison, said, “Ginger Genome Valley asset will support Genome Valley Industrial corridor with its modern business facilities and social spaces to foster collaboration within this dynamic ecosystem. Significantly, this marks the first time such a comprehensive hospitality offering is available within the cluster, after over two decades of its operation.”
Mr. Jasmeet Chhabra, Co-Founder, JV Ventures, said, “Madison will roll out ten Ginger Hotels with over 1,000 keys with an estimated outlay towards construction cost of INR 500 crores across industrial and spiritual towns in southern India over the next 3 years in partnership with IHCL.”
About Madison
Established in 2023 as a joint venture between Terminus Group and JV Ventures, Madison draws on more than 120 years of combined expertise in real-estate development and institutional investment management of its Founders with ~US$450 Mn portfolio under management across socially relevant asset class.
Please visit: www.madisonhospitality.in
For media queries, please contact: vikash@jv.ventures
About The Indian Hotels Company Limited
The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the iconic brand for the most discerning travellers and ranked as World’s Strongest Hotel Brand 2025 and India’s Strongest Brand 2025 as per Brand Finance; Claridges Collection, a curated set of boutique luxury hotels merging elegance with historical charm; SeleQtions, a named collection of hotels; Tree of Life, private escapes in tranquil settings; Vivanta, sophisticated upscale hotels; Gateway, full-service hotels designed to be your gateway to exceptional destinations and Ginger, which is revolutionising the lean luxe segment.
Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel – The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of over 550 hotels including 215 under development globally across 4 continents, 14 countries and in over 150+ locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization. It is listed on the BSE and NSE.
For media queries, please contact: corpcomm@ihcltata.com
