India’s tourism sector attracted capital investments of US$ 47.8 billion in 2017 and is expected to reach US$ 95.3 billion by 2028, according to World Travel & Tourism Council’s (WTTC’s) Economic Impact 2018 report. International hotel chains are increasing their presence in the country, as it will account for around …
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Budget ensues mixed response from trade
The Union Budget, announced on February 1, 2017, disappointed many in the trade, while others lauded the Ministry of Finance for creating avenues for employment and investment in the industry. Here’s what the stakeholders from various verticals have to say P. P. Khanna, President, ADTOI The Union Budget didn’t directly …
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