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Indian Hotels Company stays firm on its commitment to reduce dependence on single-use plastics

25 Mar 2021 Evaluate

Further to its commitment of phasing out single-use plastics from across its hotels, Indian Hotels Company (IHCL) reinforces its commitment towards sustainable business practices with the introduction of bottling plants across its hotels in Mumbai, Delhi, Bengaluru and Chennai in India and in the Maldives and Sri Lanka. The initiative to replace all plastic water bottles from the hotels with reusable glass water bottles, bottled with treated water, will avoid the use of 6 million plastic bottles per year.  

Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces and recognized as one of Asia's largest and finest hotel company. It operates in the luxury, premium, midmarket and value segments of the market.

Peers
Company Name CMP
The Indian Hotels Co 737.20
ITC Hotels 158.85
Mahindra Holi.&Resor 199.15
EIH 303.70
Chalet Hotels 872.55
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