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Avero International Inc. Makes FDI in Goa-based BSG Hospitality Company

    21 July , 2022         Fdiindia

Avero International Inc. Makes FDI in Goa-based BSG Hospitality Company

Recently, a Goa-based Hotel Management Company, BSG Hospitality Pvt Ltd., has been granted money through Foreign Direct Investment (FDI) from Avero International Inc. These funds will be used to increase the number of hotels managed under BSG Hotels & Stays - a unit of BSG Hospitality in Goa and throughout India.

The aim of this company is to achieve the $5 Million dollar investments by the end of this year and grow its overall reach and become one of the primary contenders in India’s hotel industry by making more hotels come on board with them. Avero International Inc., which is based in Maryville, TN, has provided its support to local entrepreneur Bijoy Sengupta, founder- CEO of BSG Hospitality to help him take it to the next level.

Bijoy, a hotelier with over twenty years of experience in the hotel industry, started BSG Hotels & Stays in October 2021. The first hotel opened under his brand name was BSG Absolute Porvorim Regency, located in North Goa.

This investment will surely give great assistance to this upcoming hospitality company and if they achieve their goal of $5 Million dollars, they will become capable of making great contributions to the growth and development of the industry in the future. Furthermore, in the upcoming monsoon season, as per a report by OYO, people will be more likely to go intercity for their travels, which could also be a great opportunity for BSG to show its current state and attract FDI from the veterans by releasing their customer stats.


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