Indian tycoon Mukesh Ambani. Photo: Instagram
Indian tycoon Mukesh Ambani. Photo: Instagram
India

Mukesh Ambani’s stake in New York’s Mandarin Oriental makes him the latest Indian tycoon to invest in overseas hotels

  • Asia’s second richest man has joined a growing list of Indian hoteliers like the Oberois and Tatas snapping up stakes in the global hospitality sector
  • Analysts say the ease of doing business in the West and the ‘social prestige’ of owning prime properties overseas were some of the factors behind such big ticket deals

Topic |   India
Indian tycoon Mukesh Ambani. Photo: Instagram
Indian tycoon Mukesh Ambani. Photo: Instagram
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