TravTalk India Online Magazine
According to the FICCI-Yes Bank Knowledge Report on tourism infrastructure, the investment is expected to soar to ₹5,546.3 billion in the next 10 years.
Manas Dwivedi
The FICCI-Yes Bank Knowledge Report on tourism infrastructure, released at the 4th Tourism Investors Meet 2018 in New Delhi, indicated that investments in travel and tourism is expected to rise by 6.7 per cent per annum over the next 10 years to ₹5,546.3 billion in 2028.
After releasing the paper, Usha Padhee, Joint Secretary, Ministry of Civil Aviation, said that the tourism and civil aviation ministries are engaging continuously to identify solutions and implement them for the growth of both these sectors. “The way forward is a focused approach for evolving tourist places under the aviation connectivity scheme and expanding existing routes under UDAN scheme including helicopter routes in hilly and Northeastern regions. This will provide good infrastructural support to the tourism sector,” said Padhee. She also talked about ministry’s plans of developing airports under the UDAN scheme for international connectivity in the future.
Titled as ‘Tourism Infrastructure Investments: Leveraging Partnerships for Exponential Growth’, the report highlights the foremost areas of developing a robust tourism infrastructure and the current scenario of tourism in India. It also suggests recommendations to establish India as a global tourism hotspot.
In her welcome address, Dr Jyotsna Suri, Past President FICCI & Chairperson, FICCI Tourism Committee said that increasing connectivity will boost tourism. The meet was moderated by Rahul Chakravarty, Consultant—Tourism, FICCI while Bhupesh Rathore, President & Head—Strategic Government Advisory, Yes Bank and Dipak Deva, Co Chaiman, FICCI Tourism Committee also marked their presence.
