Gujarat Chief Minister Vijay Rupani today laid the foundation stone of the luxury hotel, coming up in Vastrapur area of the city with an investment of Rs 600 crore.
Rupani appreciated the company for choosing 'Narmada' as the hotel's name.
"Despite being a rain deficient state, Gujarat has done tremendous development just because of Narmada river. This river is more than our life line. I thank the management for choosing this name for their hotel," the CM said in his address.
ITC Ltd's Chief Operating Officer Sanjiv Puri said the hotel is being constructed in an area of around 6 lakh sq ft, and claimed it to be the largest and most premium hotel in the state with 300 rooms.
The company had signed an MoU expressing their intention to open this hotel here during the Vibrant Gujarat Summit held in 2013, he said.
He further announced that ITC will open another hotel under the Fortune brand.
"We are also planning to open another hotel in Vadodara under the Fortune brand in near future. With that, ITC will have 10 hotels in Gujarat," Puri said.
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