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Sunday, December 10, 2023

Mahindra Holidays To Invest Rs 1,000 Crore In Uttarakhand


Mahindra Holidays & Resorts (MHRIL) has signed a Memorandum of Understanding (MOU) with the Government of Uttarakhand (UK) to invest Rs 1000 crore and construct four or five major resorts in Uttarakhand over the next few years. Mahindra Holidays aspires to become a strategic partner of the state and will support the Government of the United Kingdom in all its tourism endeavours through the development of these resorts in order to contribute to the growth of the state’s prosperity, including the creation of direct jobs.

This would be the largest investment by MHRIL in any state in the country and is part of its robust plans to expand from 5,000 to 10,000 keys by 2030. It is also a testament to Devbhoomi-Uttarakhand and its variety of tourism destinations and experiences, including religious tourism at Haridwar and the Char Dhams, wildlife tourism at Rajaji and Corbett National Parks, ski tourism at Auli, and adventure tourism in Rishikesh, to name a few. MHRIL intends to capitalise on this enthusiasm. Uttarakhand is endowed with breathtaking destinations that attract tourists of all ages from across the nation. This investment will significantly increase Club Mahindra’s footprint in Uttarakhand, where it already operates resorts in Jim Corbett, Mussoorie, Kanatal, and Binsar.

MHRIL, which has 143 resorts worldwide, including 82 in India, has more than 2,86,000 member families and has in the past created vacation destinations such as Munnar in Kerala, Kumbhalgarh in Rajasthan, and Binsar in Uttarakhand, to name a few. As part of MHRIL’s commitment to sustainability and goal to achieve carbon neutrality by 2040, all newly developed resorts in Uttarakhand will strive to be Net Zero Energy, Water, and Waste champions and, in the process, become role models for sustainable tourism in the state.

Kavinder Singh, Managing Director & Chief Executive Officer, Mahindra Holidays & Resorts India Ltd said, “The vision and foresight of the Uttarakhand government for the tourism industry is unparalleled, as it aims to establish tourist destinations, circuits and clusters with tourist-friendly infrastructure including skill development initiatives and enable world-class tourism experiences in the state. Encouraged by the pro-active support extended by the Govt led by the Honorable CM, the affinity to hospitality, of the people, of the state, and a robust tourism policy, we aim to partner with the Uttarakhand Government with our biggest investment in any state in the country. We see huge opportunity in Uttarakhand and our planned investment reflects not only our confidence in the state’s potential but also our commitment to contributing to its economic growth while at the same time creating memorable vacation experiences for our growing base of members. I would like to express my sincere gratitude to the Government of Uttarakhand for its support.”

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