Polo Towers group, which owns hotels in Shillong, Cherrapunji and Tura in Meghalaya, would invest Rs 100 crore by 2016 by setting up eateries and hotels.
"We are investing Rs 100 crore for setting up eateries and hotels by 2016," CEO of the group Deval Tibrewalla told reporters.
The group was also setting up a budget hotel in Allahabad, he added.
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