FICCI-Yes Bank knowledge paper to unravel investment potential in tourism infrastructure
Federation of Indian Chambers of Commerce and Industry (FICCI) and Yes Bank joint publication of the knowledge paper ‘Tourism Infrastructure Investments: Igniting India’s Growth Engine’ that is slated to be unveiled at the third edition of Tourism Investors Meet on July 5 and 6, 2017 at FICCI, Federation House, New Delhi, looks at unraveling the investment potential in tourism infrastructure in India. The proposed knowledge paper throws interesting statistics. As per the report, tourism investment accounted for 5.7 per cent of the total investment in 2016. Over next 10 years the sector will outperform the global economy as tourism investment is forecasted to rise 4.5 per cent per annum. The report would also focus in detail on the various investment projects and opportunities offered by the various state tourism boards for the private investors.
Tourism Investors Meet (TIM) has established itself as one of the biggest networking platform for attracting investment in tourism infrastructure development in various states. The two-day event will focus on interactive meetings where the state governments will be showcasing their policy and facilities with respect to soliciting investment in tourism infrastructure through pre-scheduled structured face-to-face business meetings with prominent investors. Some of the state governments who have already confirmed for the event are Madhya Pradesh, Rajasthan, Andhra Pradesh, Uttarakhand, Odisha amongst others.
The state governments are looking for investment in various sectors of tourism including hotels , mega convention centres, wayside amenities, amusement parks, adventure tourism, river cruise, sanitation and civic amenities etc.
