Indian Hotels Company (IHCL) has signed a deal to establish a Taj hotel in Indore, Madhya Pradesh, which will be one of Central India's largest convention facilities.

Target Information

The Indian Hotels Company Limited (IHCL) has announced a strategic venture in Indore, Madhya Pradesh, with the signing of a new Taj hotel. This Greenfield project will feature 350 hotel keys and is designed to become one of the largest convention facilities in Central India. Suma Venkatesh, Executive Vice President of Real Estate & Development at IHCL, emphasized the strategic importance of Indore as the financial engine of Central India, making it a prime site for extending their hospitality offerings.

This hotel will not only introduce IHCL's full brand portfolio to Indore, but it is also strategically positioned near the new Super Corridor, accommodating business travelers with proximity to key IT campuses and major industrial districts. Guests will have access to diverse dining options, an extensive wellness center, and a range of leisure activities, reinforcing IHCL's commitment to luxury and comfort.

Industry Overview in Madhya Pradesh

Madhya Pradesh, known for its rich history and cultural heritage, is witnessing significant growth in various sectors, including tourism and hospitality. The state serves as a crucial hub for business and commerce, attracting both