IHCL, Uttarakhand Govt Tie Up For Hospitality Skill Centre

01 Jul 2025 CW Team

Indian Hotels Company (IHCL) has signed a Memorandum of Understanding (MoU) with SETU Aayog, Government of Uttarakhand, to set up a hospitality skill-training centre in Nainital. This initiative aligns with IHCL’s ESG+ framework, Paathya, and aims to provide industry-relevant training to local youth.

“This upcoming skill centre will empower the region’s youth with industry-relevant training, encouraging inclusive growth while contributing to India’s travel and tourism economy,” said Gaurav Pokhariyal, Executive Vice President, IHCL.

Developed in partnership with Tata STRIVE, Kumaun University, Uttarakhand Skill Development Society, and the Department of Higher Education, the centre will offer courses in Food & Beverage Service, Front Office, and Kitchen operations. Hostel facilities and internships will also be provided.

“This initiative is a step forward in aligning industry and academia for job creation and regional economic growth,” said Raj Shekhar Joshi, Vice Chairman, SETU Aayog.

Over three years, the centre aims to train over 500 youth. IHCL currently supports 53 such skill centres and plans to train 1,00,000 youth by 2030.

Equipment

12 Dec 2025

Escorts Kubota Unveils BS V Next-gen Construction Range at Excon 2025

Escorts Kubota (EKL), one of India’s major engineering groups in the agricultural and construction equipment sectors, unveiled its latest BS V–compliant construction machinery line-up at Excon 2025. The refreshed portfolio underscores the company’s push toward application-driven, high-productivity solutions that reduce ownership costs and meet the needs of India’s expanding infrastructure landscape. With demand rising across urban development, industrial logistics and mining, the new range aims to deliver higher performance, durability and operator comfort.In the earthmoving segment, E..

ACE and Kotak Mahindra Bank Join Hands to Boost Backhoe Loader Financing

Action Construction Equipment (ACE), the world’s largest Pick-n-Carry crane maker and a leading manufacturer of material handling and construction equipment in India, has entered into a Memorandum of Understanding with Kotak Mahindra Bank to enhance the availability of flexible financing options for backhoe loader customers across the country.The collaboration aims to support contractors, infrastructure companies, entrepreneurs, SMEs, and emerging businesses by offering smoother access to credit through customised loan schemes, quicker turnaround times, and the extensive footprint of Kotak M..

Suraj Estate Wins Euromoney Award for India’s Best Residential Developer

"Suraj Estate Developers Limited has received the Euromoney Real Estate Award 2025 for ‘India’s Best Residential Developer’, positioning the company among globally benchmarked leaders in the sector. The recognition reflects its four-decade legacy in delivering high-quality residential and redevelopment-led projects across South Central Mumbai. The Euromoney Real Estate Awards, presented by the London-based Euromoney magazine, are widely regarded as one of the most credible global assessments of performance in real estate, banking and finance. Winners are selected through surveys of inte..