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ITC plans to setup a luxury resort ‘ITC Vilasa’ at Mahabalipuram

21 Mar 2014 Evaluate

ITC is planning to setup a luxury resort and spa ‘ITC Vilasa’ at Mahabalipuram, a heritage tourism spot near Chennai. The resort is expected to be launched in the middle of this year. It would come up 25 km from south of Chennai, overlooking the Bay of Bengal. ITC Vilasa will comprise 92 luxurious rooms, many of which are sea-facing, 12 exclusive ocean suites, a presidential villa and a dedicated honeymoon suite.

ITC, a diversified conglomerate has business interests in cigarettes, hotels, paperboards and specialty papers, packaging, agri-business, packaged foods and confectionery, information technology, branded apparel, personal care, stationery, safety matches and other FMCG products.

Peers
Company Name CMP
ITC 259.00
Godfrey Phillips Ind 1971.00
VST Industries 206.55
Indian Wood Products 34.50
NTC Industries 131.45
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