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Indian Hotels Company inks MoU with Assam Government

The Indian Hotels Company Ltd. | Hotel, Resort & Restaurants | Travel & Hospitality | BSE: 500850 | NSE: INDHOTEL

19 Oct 2022 Evaluate

Indian Hotels Company (IHCL) has signed a MoU with the Assam Government to establish a hospitality-focused skills training centre in the North East, in line with the company’s ESG+ framework, Paathya. The state-of-the-art residential Centre of Excellence will be developed in collaboration with Assam Tourism Development Corporation (ATDCL), Tata STRIVE Skill Development Initiative of Tata Community Initiative Trust (TCIT) and the Ministry of Skill Development & Entrepreneurship (MSDE), Government of India, with the aim to develop talent from economically weaker and socially disadvantaged local communities.

Located at the Omeo Kumar Das Institute of Social Change & Development (OKD Institute) near Guwahati, the residential skilling centre will undertake skills training for youth from the North East across various hospitality segments. The short- and long-term courses, aligned with the requirements of the National Skills Qualification Framework (NSQF) and developed in partnership with Tata STRIVE, will offer industry knowledge that is required for employment and entrepreneurship within the hospitality sector. Post successful completion of training, the youth will also have the opportunity for internships at select IHCL hotels.

In addition to supporting the maintenance of the training infrastructure, IHCL will provide equipment for the training labs along with Tata STRIVE, in addition to basic content and subject matter expertise (SME) to support TATA STRIVE. MSDE and ATDCL will provide financial and infrastructural support to the Centre of Excellence for a period of 10 years, post which the center is slated to become self-sustainable.

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.

Indian Hotel Share Price

666.05 8.55 (1.30%)

21-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Indian Hotel	666.05
ITC Hotels	164.95
EIH	339.50
Chalet Hotels	803.25
Mahindra Holi.&Resor	269.45
View more..

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Indian Hotels Company inks MoU with Assam Government

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