The MOU has been signed to develop eco-friendly hotels across four destinations in the Indian state of Uttarakhand. Credit: Masaaki Komori/Unsplash.com.

Efcee Hotels has signed a memorandum of understanding (MoU) with the government of the Indian state of Uttarakhand to launch eco-friendly hotels at four locations.

According to ETHospitalityWorld.com, the MoU was finalised at the Uttarakhand Global Investors Summit Road Show in Ahmedabad, which was held on November 1, 2023.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The Uttarakhand Global Investors Summit is a two-day investor summit that is scheduled to be held between December 8 and 9 this year in Dehradun.

The roadshow ceremony was attended by Uttarakhand Chief Minister Pushpaksingh Dhami and Efcee Hotels CEO Nirav Akshay Oza. Efcee Hotels is the hotel investment arm of the Leela Group of Companies.

Leela Group of Companies group CMD Komalkant F. Sharma said: “Our intention goes beyond hospitality. We aspire to generate substantial employment and adhere to the strictest environmental principles.”

Efcee Hotels CEO Nirav Akshay Oza said: “This partnership aims to set benchmarks in responsible tourism and sustainable development, aligning perfectly with both Uttarakhand’s ethos and the principles set forth by our Group CMD, Komalkant Sharma.”

Pushpaksingh Dhami said: “This initiative will simultaneously boost our economy and preserve our natural heritage, creating a win-win scenario for all stakeholders.”

The project is scheduled to commence construction in 2024, with a focus on promoting local employment opportunities along with eco-friendly practices.

Efcee Hotels was founded as part of Leela Hospitality & Services in late 2012 and is currently under a management contract with Sarovar Hotels.