Thai hospitality chain Dusit, acclaimed for blending modern global service standards with the country’s traditional hospitality in its hotels, hopes to open its first luxury property outside the country in New Delhi next year.
This will be followed by four more hotels and resorts, one each in the national capital, Jaipur, Rishikesh and Goa, by 2013, as part of the group’s major expansion plans in the international space.
‘The expansion plan in India includes opening of the company’s first-ever Dusit Devarana — the most luxurious brand under the Dusit International umbrella,’ said Anton Kilayko, corporate director with the hospitality chain.
Officials said they have entered into a joint venture pact with India’s $100-million Bird group, with interests in travel trade, hospitality and airport services, to bring the collection of Dusit brands to the country.
The new venture is looking to bring the best in Asian hospitality to the Indian capital before the Commonwealth Games to meet the anticipated shortage of rooms during what is touted as the second largest sporting event in the world.
The Dusit team in this Thai resort explained that the ‘Devarana’ brand itself has been derived from Sanskrit, translating into ‘garden in heaven’ and its spas combine age-old therapies and modern knowledge to pamper and revitalise guests.
Opportunities for Indian Manufacturers in ASEAN
Indian exports largely mirror those of ASEAN states, such as rice, electrical equipment, and clothing and accessories. However, there are still sectors where Indian exporters can potentially exploit market needs – wheat exports, the digital economy, and healthcare.
The economic partnership between India and the Association of Southeast Asian Nations (ASEAN) has continued to strengthen since the economic relationship began in 1992 and with the ASEAN-India Free Trade Agreement (AIFTA) coming into effect in 2009.(more…)
India, ASEAN Agree to Review FTA Scope, Address Uneven Market Access
Chief among India’s concerns is that Indian exporters have been denied a level playing field in the Southeast Asian market. Moreover, New Delhi believes that China has taken undue advantage of the ASEAN-India FTA (AIFTA) due to weak rules of origin.
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