Business Standard

UAE developer Nakheel eyes India for resorts

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Press Trust of India Dubai
 The company is talking to a number of key major players in the Indian hotel market by targeting all segments of the market. The company also plans to leverage heritage properties.

"There are about 600-1,000 palaces in India. We would like to go and work in partnership agreements with the local Indian community, the Indian government and companies to develop the palaces as a product," Gomes added.

Nakheel also has a 25% holding SpiceJet.

 

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First Published: Oct 03 2006 | 12:54 PM IST

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