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OYO is planning to invest $100 million in Indonesia

OYO is planning to invest over $100 million (around ?711 crore) in Indonesia over the next five years to expand its presence across the country. In a statement, OYO said that the hospitality firm is adding 70 hotels each month to its chain in Indonesia and by the end of 2019 it will have its presence in 100 cities in the Southeast Asian country.S.P. Jain Institute of Management & Research (SPJIMR) recently hosted an event that had Executive MBA students from Sheffield University Management School, Sheffield, UK, as part of several international associations in order to expose participants to multiple cultures. As part of the programme design of the Sheffield Executive MBA programme in Advance Manufacturing Management, participants are required to complete their final project in the form of an international consulting assignment, so as to provide the MBA students a global perspective. The international consulting assignment was chosen to be executed with manufacturing companies in the small and medium sector in India, preferably family businesses. Sheffield Management School chose to associate with SPJIMRs Family Managed Business (FMB) Programme for the same.