Mahindra Holidays & Resorts to invest Rs 1000 crores in Uttarakhand tourism

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Mahindra Holidays announces a landmark investment in Uttarakhand’s tourism sector, outlining ambitious plans for 4-5 marquee resorts. This aligns with the company’s growth strategy and commitment to sustainable tourism.

Mahindra Holidays & Resorts (MHRIL) India’s vacation ownership and leisure hospitality company under the flagship brand Club Mahindra has signed an MOU with the Government of Uttarakhand (UK) to invest Rs 1000 crores and build 4-5 large marquee resorts over the next few years in Uttarakhand. Mahindra Holidays aims to become a strategic partner of the state and will support the Government of the UK in all its tourism endeavours through the development of these resorts to play their part in growing the prosperity of the state including providing direct employment opportunities.

This would be the biggest investment by MHRIL in any state in the country and part of its robust plans of expansion from 5000 to 10,000 keys by 2030 and is a testament to Devbhoomi-Uttarakhand and its variety of tourism destinations and experiences – whether it be religious tourism at Haridwar and Char Dhams, Wildlife at Rajaji & Corbett National Parks, Ski tourism at Auli, Adventure tourism at Rishikesh to name a few. Uttarakhand is blessed with amazing destinations attracting people of different age groups from across the country and MHRIL aims to tap into this wanderlust. Importantly, this investment will more than double its footprint in Uttarakhand, with Club Mahindra already operating resorts in Jim Corbett, Mussoorie, Kanatal and Binsar.

As part of MHRIL’s commitment to sustainability and aim to achieve carbon neutrality by 2040, all the new resorts developed In Uttarakhand will target to be champions of Net Zero EnergyWater and waste and in the process become role models for sustainable tourism in the state.

Mahindra Holidays is the only hospitality organization in the country that established experiential family holidays and has inspired many in the industry to follow their lead. Club Mahindra is known for creating an atmosphere for inter-generational holidays with three–four generations rekindling their bonds by engaging in activities to create memorable moments for a lifetime.

Kavinder Singh, Managing Director & Chief Executive Officer, Mahindra Holidays & Resorts India Ltd said, “The vision and foresight of the Uttarakhand government for the tourism industry is unparalleled, as it aims to establish tourist destinations, circuits and clusters with tourist-friendly infrastructure including skill development initiatives and enable world-class tourism experiences in the state. Encouraged by the pro-active support extended by the Govt led by the Honorable CM, the affinity to hospitality, of the people, of the state, and a robust tourism policy, we aim to partner the Uttarakhand Government with our biggest investment in any state in the country. We see huge opportunities in Uttarakhand and our planned investment reflects not only our confidence in the state’s potential but also our commitment to contributing to its economic growth while at the same time creating memorable vacation experiences for our growing base of members. I would like to express my sincere gratitude to the Government of Uttarakhand for its support.”