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Infrastructure Status to Tourism Sector will Benefit Hotel Industry

April 21, 2009
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According to PTI report, Government of India (GoI) will soon give infrastructure status to the tourism sector, enabling hotels to get cheaper loans for new projects. While speaking at the inaugural session of the three-day ‘The Great Indian Travel Bazaar 2009’ (April 19-21, 2009) in Jaipur, Sujit Banerjee, Secretary, Ministry of Tourism said that getting infrastructure status for the tourism industry is near conclusion. According to Banerjee, tourist arrivals will increase in the country soon after they declined in recent months, especially after the Mumbai attacks in November last year. However, he declined to indicate a time-line for the industry to regain growth.

Banerjee also informed that foreign tourist arrivals have gone down by ten-12 per cent since the attacks. The Ministry of Tourism (MoT) is also working on a proposal for ‘single window clearance’ for setting up new hotel projects. “We are working on single window clearance for hotel projects in the country,” stated Banerjee. Further Jyotsna Suri, Chairperson and Managing Director, The Lalit Suri Hospitality Group said, “India is a key (tourism) destination and is still unexplored.” She also informed that 178 exhibitors and buyers are participating in ‘The Great Indian Travel Bazaar’ this year, which is jointly organised by the Ministry of Tourism, Rajasthan Tourism and the Federation of Indian Chambers of Commerce and Industry (FICCI). Special guest to the event, film director Yash Chopra said that India has lot to offer to the film industry in terms of locations for film shooting. It also offers a lot to the foreign, as well as domestic tourists.


News Published Under:   Real Estate India, Hotel Industry in India |



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