Zuri Global Group – Long Term Expansion Plans

By Author: Zuri Group Global, the multinational conglomerate
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Zuri Group Global, the multinational conglomerate best known for the rapidly expanding Zuri Hotels & Resorts chain, held a press interaction with its Chairmen Mr. Deepak and Mr. Deepak Kamani, where they expressed satisfaction over their impressive growth so far and announced aggressive expansion plans going forward. Promoted by a consortium of investors from the Middle East, the Zuri Group began its India operations in 1999 with their first hotel at Goa. Currently the group owns and operates six luxury hotel properties at various locations in India, Africa and the UK.

Mr. Rashmi Kamani, Chairman- Zuri Group Global also justified, “With the economy back up and running, our recent performance stands testimony to our commitment. Our properties in Goa and Kerala are running at almost 100 percent occupancy today.” Going forward, the Zuri Group Global will be increasing its investments in the country. As part of its expansion plans in India, the Zuri Group Global is also preparing to begin work on its next project, a Rs.200 crore 150 room 5 star luxury hotel ...
... in Bangalore at Devanahalli, for which 6 acres of prime land adjacent to the new International Airport has already been procured.

The Zuri Group has been amongst the very few to set its sight on the long term and power ahead with their expansion plans even when the economic conditions did not look favourable. A testimony to which is the launch of The Zuri Whitefield – the new luxury business hotel that opened its doors in Bengaluru earlier this year. “Though most people were advising us on rolling back on any further investments, we were very sure about are long term commitment to India and went ahead with our plans without losing focus” explained Mr. Rashmi Kamani.

Also central to the group’s expansion plans is the announced foray into the green energy segment. The Zuri Group Global will be launching Green Energy projects across the country under The Zuri Green Energy name. The Zuri Group Global’s current turnover stands at Rs.100 crores in India and Rs 150 crores internationally. The group’s other interests include floriculture which have been their core business for many years, and real estate. Primarosa Flowers, based in Africa, presently exports over 150 million roses a year to countries around the world.