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Indian Hotels Company signs agreement with Madison
Aug-18-2025

Indian Hotels Company (IHCL) has signed an agreement with Madison, the hospitality platform of Terminus Group and JV Ventures, for ten new hotels to be operated under the Ginger brand spread across the southern states of India. Madison will invest approximately Rs 500 crore in the construction of ten hotels with over 1,000 keys within the next three years.

The ten new hotel sites will primarily be greenfield and brownfield projects, and this partnership has commenced with the signing of a 75-key Ginger hotel in Genome Valley in Telangana. This capital-light arrangement will be an operating lease agreement under the Ginger brand. Ginger represents IHCL's strategic response to capitalise on the growing opportunity in the mid-scale segment in India for the aspirational traveller.

Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces and recognized as one of Asia's largest and finest hotel company. It operates in the luxury, premium, midmarket and value segments of the market.


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