Big Investment Boost: ₹400 Crore Oberoi Trident Hotel to Come Up in Amritsar
–150-room premium hospitality project near Golden Temple to create around 350 jobs; major boost to Punjab’s tourism sector: Sanjeev Arora
Chandigarh, March 28
In a significant boost to Punjab’s tourism and hospitality sector, Cabinet Minister Sanjeev Arora announced that the Oberoi Group and Springedge Solutions Pvt. Ltd. have signed a Memorandum of Understanding (MoU) for the development of a world-class 150-room Trident Hotel in Amritsar.
The MoU was signed in the presence of senior representatives from both sides, including R. Shankar, President – Corporate and Legal Affairs, Oberoi Group, and Dr. Shahbaz Singh, Dr. Avtar Singh, and Dr. Amandeep Kaur, Directors of Springedge Solutions Pvt. Ltd. The signing ceremony was also attended by Gurkirat Kirpal Singh, Administrative Secretary, Industries & Commerce, Punjab.
The upcoming Trident Hotel will be developed on the Amritsar–Tarn Taran Road, approximately 3 kilometres from the Golden Temple. Spread over 3 acres, the project involves an investment of around ₹400 crore and is expected to significantly strengthen Amritsar’s premium hospitality infrastructure.
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The project is anticipated to generate direct employment for around 350 people, giving a major boost to local economic activity and job creation.
Sanjeev Arora informed that this hospitality venture is a joint collaboration between the globally renowned Oberoi Group and Springedge Solutions Pvt. Ltd., combining the Oberoi Group’s expertise in luxury hospitality with Springedge’s strong local presence.
Notably, this will be the first hotel in Punjab under the prestigious “Trident” brand. Currently, the Oberoi Group operates 32 hotels across India under various brands, with 10 more in the pipeline. In Punjab, the group already runs The Oberoi Sukhvilas Spa Resort in New Chandigarh.
The Amritsar project is also significant as it is the first Greenfield project of this scale under the Trident brand in the state. Construction is expected to begin in July 2026, with completion targeted for March 2029.
The Government of Punjab, through Invest Punjab, played a proactive role in facilitating this investment. Invest Punjab had been engaging with both parties for over one and a half years and was instrumental in bringing them together, reflecting the state government’s commitment to attracting high-value investments.
Highlighting Punjab’s strong industrial momentum, Cabinet Minister Sanjeev Arora stated that the state attracted ₹59,448 crore in investments during 2025–26 — the highest in its history — with the potential to generate 1,33,221 jobs. Since April 1, 2022, Punjab has secured investments worth ₹1,59,947 crore, with an employment potential of 5,57,664 jobs.
This collaboration marks another important milestone in Punjab’s journey towards becoming a preferred destination for premium tourism, hospitality, and investment, while further reinforcing Amritsar’s position as a global cultural and spiritual hub.
Sanjeev Arora said, “Punjab is emerging as a preferred destination not only for industry but also for high-end tourism and hospitality investments. With proactive support from Invest Punjab, such landmark projects are becoming a reality and contributing significantly to the state’s economic growth.”
