Karma Group charts its India growth story, plans 4 new resorts in 2 years

The expansion will be a combination of organic and inorganic, in destinations popular among Indian and international travellers

International luxury, travel and lifestyle brand Karma Group is charting its next phase of growth in India after 25 years of doing business in the country. 
 

Founded by John Spence, the hospitality firm plans to set up four new resorts in India over the next couple of years. The Australia-based firm is also looking to tap into private equity investment, and raise debt to fund its expansion. 

“In the early days, we focused very heavily on India. We want to refocus on the country. The plan is to have two resorts a year in the next two years," Spence told Business