Tag: Tier 3 cities
HOSPITALITY Apeejay Surrendra Park Hotels Aims For 85 Hotels, 6,635 Keys By FY30

Apeejay Surrendra Park Hotels is targeting 85 hotels and 6,635 keys by FY30 as it steps up expansion across business, leisure and pilgrimage destinations, with Tier 2 and Tier 3 cities emerging as key growth markets. The company currently operates 42 hotels with 2,677 keys and plans to add 12 hotels and 472 keys in […]

CW Bureau · Sep 5, 2026
STARTUP/TECHNOLOGY IIT Madras Global Launches Bharat Ascend To Discover 100 Innovators

IIT Madras Global Research Foundation (IITM Global) has launched Bharat Ascend, a national innovation mission aimed at discovering high-potential ideas from tier-2, tier-3 cities and emerging innovation ecosystems and helping transform them into products, startups and globally scalable enterprises. Launched in Delhi on August 28, the initiative is being led by IITM Global in partnership […]

CW Bureau · Aug 30, 2026
GENERAL PVR INOX Eyes Growth Through Premiumisation, Tier 2-4 Expansion

PVR INOX Ltd is entering FY27 with a strong content pipeline and a significantly strengthened balance sheet, with net debt falling 90% to ₹162 crore as of March 2026 from ₹1,430 crore at the time of the merger in FY23. The multiplex operator will focus on improving occupancies, premiumisation and capital-light growth, with greater emphasis […]

CW Bureau · Aug 20, 2026
HOSPITALITY Indian Real Estate Sector May Remain Resilient Amid West Asia Conflict

India’s real estate sector is expected to remain resilient despite geopolitical uncertainty arising from the West Asia crisis, supported by sustained housing demand, stronger developer balance sheets and robust institutional participation, according to CareEdge Ratings. CareEdge Ratings estimates residential unit sales across the top six cities to remain broadly range-bound at around 3,55,000 units in […]

CW Bureau · Aug 19, 2026
HOSPITALITY Swiggy’s ₹99 Bet Takes Off As Value Orders Reach 1 In 7 Food Deliveries

Swiggy’s affordability play is rapidly turning into a mainstream food-delivery proposition, with its 99 Store now accounting for one in every seven food orders on the platform, a year after its launch. Introduced in July 2025, 99 Store has grown into a network spanning more than 1.8 lakh restaurant partners across 500 cities, as Swiggy […]

CW Bureau · Aug 16, 2026
AUTO Delhivery Ties Up With Bajaj Auto To Deploy 200 Electric Cargo Vehicles

Delhivery, India’s largest logistics service provider, and Bajaj Auto have partnered to deploy 200 Bajaj RIKI eCarts across Delhivery’s last-mile delivery network, extending fleet electrification into Tier-2 and Tier-3 cities. The deployment marks the first phase of a broader partnership between the two companies. The second phase, planned for 2026-27, is expected to see the […]

CW Bureau · Jun 23, 2026