“CGH Earth will open four or five small prop­er­ties in the cir­cuits of Mad­hya Pradesh, Gu­jarat and Ra­jasthan.

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We also plan to set up seven or eight prop­er­ties (of not more than 30 rooms each) in the North East cir­cuits cov­er­ing Arunachal Pradesh, Na­ga­land, Sikkim, West Ben­gal and As­sam. But the ex­pan­sion will not nec­es­sar­ily be im­ple­mented the nor­mal way. We will use un­con­ven­tional strate­gies that will in­volve com­mu­ni­ties as part­ners in progress.”

With­out di­vulging de­tails, Jose also said that the group is plan­ning to raise cap­i­tal ei­ther through an IPO or pri­vate eq­uity in­vest­ment to fund its growth plans.

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