Nepal billionaire to invest Rs 500 crore in Kerala wellness venture

Indian Opinion Analysis

This is Chaudhary's first major push into South Indian real estate beyond the noodle plant in Andhra Pradesh. Kerala's wellness tourism market, valued by industry estimates at over Rs 10,000 crore, attracts high-spending medical tourists from the Gulf and Southeast Asia. The CG Corp group already runs hotels in Nepal and India but this venture targets a different segment: long-stay wellness retreats that combine ayurveda and luxury housing. Chaudhary's global noodle expansion faces competition from Nestle's Maggi and Indofood in the markets he is targeting. The acquisition target in China, if finalised, would mark his entry into the world's largest instant noodle market where local brands dominate.

The real test will be whether Kerala's land acquisition rules and coastal zone regulations allow the project to proceed on schedule.