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Jharkhand Government and Tata Group Sign MoU for New Hotel Taj in Ranchi

Jharkhand Government and Tata Group Sign MoU for New Hotel Taj in Ranchi
Time to Read 3 Min
Khushbu Kumari

Jharkhand Government and The Indian Hotels Company Ltd. sign MoU for the construction of Hotel Taj in Ranchi’s core capital area, enhancing tourism and state development.

In a landmark event held at the Project Bhavan auditorium in Ranchi, the Jharkhand Government and The Indian Hotels Company Ltd. (a Tata Enterprise) signed a Memorandum of Understanding (MoU) for the construction of a new Hotel Taj in Ranchi’s core capital area of Dhurva. This initiative is expected to significantly boost tourism and foster state development.

Celebrations and Congratulatory Messages

The signing ceremony was attended by Jharkhand Chief Minister Hemant Soren, Tata Steel CEO and MD TV Narendran, and other dignitaries. Chief Minister Soren extended heartfelt congratulations and best wishes to all involved, emphasizing the historical relationship between Jharkhand and the Tata Group, which spans over a century.

Boosting Jharkhand’s Tourism and Economy

Chief Minister Soren highlighted the critical role that Tata Group has played in the nation’s development and reiterated Jharkhand’s substantial contributions to the country’s progress. He remarked, “Jharkhand has no dearth of talent. Our longstanding relationship with the Tata Group will only grow stronger, and together, we will advance the development of the state and the nation.”

A Historic Partnership

The MoU marks a significant step in enhancing Jharkhand’s tourism infrastructure. The Chief Minister noted that the Taj Hotel would not only elevate the state’s tourism profile but also provide a global recognition to Jharkhand. He expressed confidence that with good policies, there would be no need for people to migrate in search of employment, as the state government is committed to creating opportunities within Jharkhand.

Long-Standing Relationship with Tata Group

TV Narendran, CEO and MD of Tata Steel, underscored the enduring relationship between Tata Group and Jharkhand. “Our relationship with Jharkhand is more than 100 years old. We are committed to strengthening this bond and contributing to the state’s development through industrial and other means,” he said.

Future Prospects and Commitment

The Chief Minister assured that the state government is ready to collaborate closely with Tata Group in establishing more enterprises in Jharkhand. He emphasized that the government is dedicated to working in tandem with Tata Group to ensure Jharkhand’s development, aiming to place the state among the leading states in India.

Successful Organization of International Events

Despite limited resources, Jharkhand has successfully organized many international sports competitions, earning accolades both nationally and internationally. With the establishment of the Taj Hotel, the state hopes to offer even better facilities and arrangements for future events, further enhancing its reputation.

Notable Attendees

The MoU signing ceremony was attended by several prominent figures, including Urban Development and Housing Department Minister Hafizul Hasan, Chief Secretary L Khiangte, Additional Chief Secretary to the Chief Minister Avinash Kumar, Urban Development and Housing Department Secretary Arwa Rajkamal, IHCL Senior Vice President (Operations) K Mohan Chandran, Vice President (Development) Anika Gupta, and Vice President, Corporate Affairs, Tata Steel Chanakya Choudhary.

The new Taj Hotel in Ranchi is poised to be a landmark development, enhancing the state’s infrastructure and providing a significant boost to its tourism sector.


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