Tourism sector can support 46 mn jobs in India
The Dollar Business Bureau India’s travel and tourism industry is capable of growing at a faster pace and create job opportunities for about 46 million people by 2025, only if implementation of apt investments and policies are intact, said Richard Verma, US Ambassador. The tourism and travel industry contributed $120 billion, accounting to 6.3% of India’s GDP, and was supported by 37 million jobseekers in 2015, says the data available with the World Travel and Tourism Council. Timely and economical air connectivity can boost and explore the industry to its fullest potential, said Verma while addressing a conference themed ‘'Travel and Tourism as a means to achieve $500 billion trade between India and USA'. The conference was organized by Indo-American Chamber of Commerce. He ...
Civil aviation policy to address various issues
The Dollar Business Bureau The Union government’s new civil aviation policy would address the issue of both regional connectivity and also open up the skies in an assertive and satisfying manner, Tourism secretary Vinodh Zutshi said while inaugurating ‘Thought Leadership Meet on MICE Tourism in India' organised by ASSOCHAM. He said, “The new tourism policy, which is just a matter of time, is going to highlight and emphasize a lot on the possibility of increasing Meetings, Incentives, Conferences, and Events (MICE) into India.” He also pointed out that, the government has set aside an investment of Rs.2,000 crore where they have sanctioned 20 projects for infrastructure under the Swadesh and Prasad schemes. Regarding the tourism growth rate in India, he said, “We have ...
Indias Tourism Minister moots a dedicated body to promote Medical Tourism
The $3 billion industry, which is growing at a rate of 30%, provides India a 10-year lead over China, say experts The Dollar Business Bureau India's share in the global medical tourism industry is expected to reach around 18% by 2019 Dr. Mahesh Sharma, Indias Minister of State for Tourism, has said that there is a need to have a dedicated body to boost medical tourism in the country due to its high growth potential. No other sector is growing at a rate of 30%, he said at the 11th India Health Summit organised by the Confederation of Indian Industry (CII) in New Delhi this week. Dr. Sharma also said that medical tourism as a sector will be propagated and promoted in all ...
