Mohan Mutha Group, parent company of India’s MM Exports, is planning to develop a USD 30 million resort in the Maldives.
Mohan Mutha’s Executive Director Suresh Mutha said to The Hindu’s Businessline that the company is trying to obtain the permits to build a “wellness” resort in the Maldives. He added that the funding for the resort will be secured through a loan from a Maldivian bank.
Reportedly the resort will exclusively offer vegan and vegetarian cuisine. The resort will also not serve any form of alcohol.