Indian Hotels Company (IHCL) has signed Memorandum of Understanding (MoU) with Syama Prasad Mookerjee Port, Kolkata, for the redevelopment of Chotelal Ki Ghat. Originally built in the 1870s on the Hooghly Riverfront in Kolkata, the project is being supported by INTACH (Indian National Trust for Art and Cultural Heritage). IHCL will invest up to Rs 5 crore towards the project aligned with Government of India’s Namami Gange Program and Swachhata Initiatives.

The company and Syama Prasad Mookerjee Port, Kolkata, will work towards the redevelopment of Chotelal Ki Ghat. This will be done in collaboration with leading heritage conservation bodies and will involve redevelopment through restoration and conservation, beautification and landscaping of the Grade I Heritage site. The beneficiaries would include local artists for wall and boat painting, stall vendors, residents, tourists, and the wider community.

Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces and recognized as one of Asia's largest and finest hotel company. It operates in the luxury, premium, midmarket and value segments of the market.