Country club India is all set to target Indian market and made up a budget of Rs 300 crore in next five for various expansion work. The company is ready to spend Rs 100 crore in FY12 for developing total 18 properties. It is expected to be get function by FY13.According to company CEO Y Siddharth Reddy after completion of these projects company will take up some international projects. The company has already established its market in big cities by establishing its own 50 properties. It now focuses in medium cities where people are demanding for quality life. From medium cities company will step into small cities.
The company is on expansion mode with a property in Dubai and Sri Lanka.In the present time company has 600 rooms and it will be increased to 1000 rooms in next five year. It aims to take its business overseas especially in Middle East and South Asian Nations. The company revenue has a recorded sharp increase from Rs 300.21 crore in FY10 to 321.92 crore in FY11.The company CEO is quite hopeful that the same growth will continue in FY12.As the company is in expansion phase, most of the earlier projects will be wind up soon
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