Hotel Corporation of India Limited (HCIL) is a Public limited Company wholly owned by Air India Limited. It was incorporated on July 8, 1971 under the Companies Act, 1956, when Air India decided to enter the Hotel Industry in keeping with the then prevalent trend among world airlines. The objective was to promote tourism and catering and thus offer a better product to the passengers, both at the international airports and at other places of tourist interest. The authorized Share Capital of the Company 10541 crores (Paid up — Rs40.60 crores). Presently HCI operates 2 Hotels, one each at Delhi and Srinagar under the brand name ‘Centaur’ and 2 flight Kitchens, one each at Mumbai and Delhi under the brand name Chefair.