CSR spending of IHCL in India FY 2016-2023
IHCL is one of India's biggest hotel brands. It is most famous for its luxury segment which is known as Taj Hotels. It came into existence in 1903, when the iconic Taj Mahal Palace Hotel in Mumbai was inaugurated. It was founded by Jamsetji Tata, who was also the founder of TATA Group. Today, IHCL is a subsidiary of the TATA Group.
The founders of the TATA group have been members of the Parsi community of Mumbai, which is known for its social commitment. Therefore, a CSR-strategy had been implemented in most of the groups' subsidiaries.