New Delhi  - India's Tata Group which owns Mumbai's landmark Taj hotel that bore the brunt of the terrorist attacks vowed to rebuild the hotel to bring it back to its full glory, officials said Thursday.

"We will rebuild every inch that has been damaged in this attack and bring back the Taj to its full glory," a statement on the Taj hotels website said.

The group however did not give details of the damages to the hotel, where some terrorists were still believed to be holed up.

The heritage wing of Taj Hotel was damaged in a fire following explosions as Indian security personnel engaged with the terrorists since Wednesday night.

"The company is determined to bring greater glory to the Taj and not be bowed down by this barbaric act," Krishna Kumar, Managing Director of Indian Hotels, part of the Tata Group told reporters.

The Taj is indisputably India's most famous hotel and one of the most luxurious.

The hotel which opened in 1903 was built by Parsi industrialist Jamsetji Tata, after he was refused entry into a now-defunct then famous hotel that did not admit non-European guests.

Over the years, the red-domed structure has become synonymous with Mumbai's cultural and architectural history.

Notable guests have included Queen Elizabeth II, Elvis Presley, John Lennon, Prince Charles and former US president Bill Clinton.