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Mahindra Holidays to invest Rs 800 crore in 3 greenfield resorts in Tamil Nadu

Synopsis

Mahindra Holidays & Resorts India Ltd (MHRIL) is set to invest Rs 800 crore in building three greenfield resorts in Tamil Nadu over the next five to six years, doubling its presence in the state. The resorts aim for net-zero energy, water, and waste, showcasing their commitment to sustainability. This strategic expansion aligns with MHRIL's vision to achieve 10,000 room inventory by 2030 and carbon neutrality by 2040. The project is expected to generate around 1,500 job opportunities, emphasising both economic growth and environmental responsibility.

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Mahindra Holidays & Resorts India Ltd (MHRIL) is set to embark on a significant expansion in Tamil Nadu, announcing plans to build three greenfield resorts over the next 5 to 6 years. This venture would involve an estimated investment of Rs 800 crore. MHRIL's decision to invest in these new projects reflects its commitment to doubling its presence in Tamil Nadu, where Club Mahindra is already operating resorts in popular destinations such as Ooty and Kodaikanal. The proposed resorts are anticipated to be established in unexplored locations within the state, bringing forth not only increased tourism opportunities but also contributing to local economic development.



This substantial investment in Tamil Nadu marks one of the most significant commitments by MHRIL. The company had previously announced a Rs 1,000 crore investment in Uttarakhand last year. The strategic move aligns with MHRIL's broader expansion strategy, aiming to escalate its room inventory from the current 5,000 to an ambitious 10,000 by the year 2030.



Beyond sheer economic considerations, MHRIL's approach encompasses environmental responsibility and sustainability. The new resorts in Tamil Nadu are pledged to be champions of net-zero energy, water, and waste. This commitment is part of MHRIL's broader sustainability goals and its vision to achieve carbon neutrality by the year 2040.



The new resorts are not just an investment in infrastructure but are also expected to act as catalysts for employment. The proposed projects in Tamil Nadu are anticipated to generate job opportunities for approximately 1,500 individuals, contributing to both the hospitality sector and the local communities.



Club Mahindra, a brand under MHRIL, is renowned for its network of over 125 resorts spread across India and internationally. The brand boasts a strong member base, with more than 2.9 lakh members. The commitment to developing sustainable and environmentally conscious resorts aligns with evolving consumer preferences, where responsible tourism is gaining prominence.



As MHRIL embarks on this expansion journey in Tamil Nadu, the focus on greenfield resorts indicates a careful consideration of untapped locations. This approach not only diversifies tourism offerings but also ensures that these resorts become integral parts of the local ecosystems.



In conclusion, Mahindra Holidays & Resorts India Ltd's strategic investment in Tamil Nadu signifies more than just an economic move. It shows a commitment to sustainable and responsible tourism, a boost to local employment, and an expansion aiming to create memorable and environmentally conscious travel experiences. With these ambitious plans, MHRIL continues to shape the landscape of India's hospitality sector, setting benchmarks for quality, sustainability, and community engagement.

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