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HomeNewsIndia TourismTourism Industry Offers Massive Investment Opportunities

Tourism Industry Offers Massive Investment Opportunities

Ministry of Tourism, Government of India organised Roadshows at New Delhi and Mumbai on 26th and 27th April with the objective of raising awareness among stakeholders in the Travel and Tourism Industry about the forthcoming 1st Global Tourism Investors’ Summit. The Minister for Tourism, Culture and DoNER, G. Kishan Reddy chaired the two Roadshows along with senior Ministerial officers.

Addressing attendees at the Roadshow, Reddy said, “Considering the plethora of experiences the Indian tourism industry offers, such as wellness tourism, adventure tourism, eco-tourism, rural tourism, spiritual tourism and several others, both the State and Central Governments recognise the role that tourism can play in driving economic growth. Therefore, private investment, particularly in hotels and other tourism-related infrastructure, is critical.

The Delhi event saw the presence of eminent industry stakeholders including Ajay Bakaya, MD of Sarovar Hotels, Patu Keswani, Chairman and MD of Lemon Tree Hotels, Deep Kalra, Co-Chairman of CII National Committee, Tourism and Hospitality and Founder & Chairman of MakeMyTrip  and Nakul Anand, Executive Director of ITC Ltd amongst  others. They shared their insights on the sector’s overview and its future prospects.

Key dignitaries at the Mumbai Roadshow, held on 27th April, included Saurabh Vijay, Principal Secretary (Tourism), Government  of Maharashtra, Hareet Shukla, Secretary (Tourism), Government of Gujarat, Vivek Shrotriya, Additional Managing Director, Madhya Pradesh Tourism Board, Pawan Jain, Joint Director, Department of Tourism, Government of Rajasthan also attended and expressed their views during the event

Prominent industry leaders including Vishal Kamat, Co-Chair, CII WR Sub Committee on Tourism and Hospitality, CEO, Kamat Hotels India Limited, Anuraag Bhatnagar, CEO, The Leela Palaces, Hotels and Resorts, Cdr Nevil Malao, VSM (Retd), Vice President Head – Cruise & Navy Cell, J. M. Baxi & Co., Dhimant Bakshi, CEO, Imagica, Santhosh Kutty, CEO – Hotels, Mahindra Hotels and Resorts one to one interaction with Reddy at the Roadshow in Mumbai.

During the Business Seminar, Reddy stated that, inspired by the ambitious vision of  Prime Minister, the Government is working dedicatedly towards the sustained growth and promotion of tourism in India in Mission Mode. Various initiatives are being undertaken to provide both domestic and inbound tourists with memorable experiences. In addition to promoting the Global Tourism Investor summit, the roadshow also provided an opportunity for the Ministry of Tourism to gather feedback from the industry stakeholders.

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