#1सत्यमेव जयते Ministry of Tourism Government of India G20 B20 2023 INDIA 2023 INDIA Responsible, Accelerated. R.A.I.S.E Innovative. Sustainable and Equitable Businesses B20 India Secretariat CII Confederation of Indian Industry 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi gtis.tourism.gov.in#2सत्यमेव जयते Ministry of Tourism Government of India Objective 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi GTIS is being organized by the Ministry of Tourism along with other Ministries and State Governments to showcase opportunities for investment and trade Promotion of trade and investment in travel and hospitality sector Allow global investors to explore Indian Tourism products and services Opportunity for local players to cater to global demand and compete Bring in global investments beyond hospitality industry i.e., into theme parks, adventure tourism, amusement parks and skiing destination infrastructure B20 India Secretariat CII Confederation of Indian Industry#3सत्यमेव जयते Ministry of Tourism Government of India 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi Indian Travel & Tourism Sector Scenario Tourism in India has significant potential considering the rich cultural and historical heritage, variety in ecology, terrains, and places of natural beauty spread across the country Growth: 6th in terms of Travel & Tourism total contribution to GDP (2021) Global Presence: 54th on World Economic Forum Travel & Tourism Development Index (2021) Tourist Arrivals: In 2014, Foreign Tourist Arrivals stood at 7.6 million. This number increased by 36% to 10.9 million in 2019. Employment: Travel & Tourism sector in India provided employment to more than 32 million people in FY 2021 B20 India Secretariat CII Confederation of Indian Industry#4सत्यमेव जयते Ministry of Tourism Government of India 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi Key Segments in Tourism & Hospitality Sector (1/3) Hotels & Accommodation . CAGR of 8.29% between 2023-27, while supply CAGR at 3.5% over the same period • Room demand increased by more than 60% year on year between January-July 2022, room supply increased by only 1-2%. Cruise Tourism . Cruise passenger traffic expected to increase from 0.4 mn to 4 Mn by 2032 Increase in economic potential from $110 Mn to $5.5 Bn 1: Source; 2: Source B20 India Secretariat CII Confederation of Indian Industry#5सत्यमेव जयते Ministry of Tourism Government of India 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi Key Segments in Tourism & Hospitality Sector (2/3) Wellness Tourism • Medical tourism is valued at $6 Bn and is expected to double by 2026 at a CAGR of 21.1% • India is ranked 10th in the medical tourism index Eco Tourism • Indian eco-tourism expected to grow at a CAGR of 15.7% between 2019-27 and reach $4.55 Bn Growth factors: unique destinations, exploration of wildlife, coral reefs, and pristine undisturbed natural areas 1: Source; 2: Source; 3: Source B20 India Secretariat CII Confederation of Indian Industry#6सत्यमेव जयते Ministry of Tourism Government of India 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi Key Segments in Tourism & Hospitality Sector (3/3) Adventure Tourism B20 India Secretariat CII Confederation of Indian Industry . Expected to grow at a CAGR of 20% between 2019-28, moving past $2 Bn 70% of Himalayan range, 7,000+ Km coastline, and 500+ wildlife sanctuaries have made India a preferred destination for adventure tourism Adventure Tourism MICE Tourism . India Business travel market expected to grow by 3 times by 2030 India's annual growth in business travel stood at 11.4%, the largest global rise among top 15 business travel markets Meeting Incentive Conference Exhibition MICE Tourism 1: Source; 2: Source#7सत्यमेव जयते Ministry of Tourism Government of India Global Tourism FDI Projects 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi Country United Kingdom No. of tourism FDI projects (2017-2021) 162 160 United States of America Germany 124 Spain 118 China 89 India 48 Insights Regional travel recovery Avenues for larger tourism spend Investing in digitalization of industry Focus on history and culture Improving service quality and diversifying tourism product portfolio through investments Cultural heritage and untapped product potential and travel tech segment B20 India Secretariat CII Confederation of Indian Industry#8सत्यमेव जयते Ministry of Tourism Government of India 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi India Overview - FDI received by Hotel & Tourism Sector FDI worth $7.2 Bn received by hotel and tourism sector (2000–2014) FDI worth $9.2 Bn received by hotel and tourism sector (2014 – 2022) (USD mn) FDI received by hotel and tourism during 2014 - 2021 (USD mn) 10,000 173% 9,000 200% 9,183 150% 8,000 7,000 72% 6,000 8,540 74% -87% -5% 8,171 24% 100% 50% 5,000 4,000 2,110 -31% 4,158 5,234 2,938 0% 3,000 -50% 3,026 777 2,000 1,333 1,132 777 916 1,076 1,000 643 -100% 369 0 2014 2015 2016 2017 2020 -150% 2021 FDI on an annual basis 2018 2019 I Cumulative FDI Change Y-o-Y B20 India Secretariat CII Confederation of Indian Industry#9सत्यमेव जयते Ministry of Tourism Government of India 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi B20 India Secretariat CII Confederation of Indian Industry Central Government Initiatives ■ The Railway budget increased from Rs 55,000 crore in 2017 to Rs 1.4 lakh crore in 2022. The budget allocated for Roads & Highways surged from Rs 64,900 crore in 2017 to Rs 1.99 lakh crore in 2022. ■ Integrated development of sustainable tourist destinations and tourism infrastructure: 76 tourism circuits have been sanctioned at a total cost of $ 646 Mn under SD 1.0 ■ An amount of Rs. 1323.16 Cr sanctioned for 39 Projects in 24 States under PRASHAD#10सत्यमेव जयते Ministry of Tourism Government of India State Government Initiatives 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi ■ Maharashtra, Rajasthan join the list of state governments conferring ‘industry' status to Hospitality Eligible establishments pay electricity & water charges, property tax at industrial rates Number of licenses/approvals required have been substantially reduced by Goa, Maharashtra in order to promote EoDB Fiscal incentives in the form of waiver of SGST, electricity duty, land tax, etc. provided basis size of investments Non-fiscal incentives like direct allotment of land, online and time bound application procedures, etc. are also provided for desired investments Subsidized loans for development / modernization of new and expansion projects by the Rajasthan Government B20 India Secretariat CII Confederation of Indian Industry#11सत्यमेव जयते Ministry of Tourism Government of India Event Details 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi B20 India Secretariat CII Confederation of Indian Industry Ministry of Tourism Govt of India Conference cum Exhibition - 10th 12th April 2023 Hall No. 5 Pragati Maidan Investible Projects Knowledge Session B2b Platform State of Art Expo#12सत्यमेव जयते Ministry of Tourism Government of India Key Elements Exhibition 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi B20 India Secretariat CII Confederation of Indian Industry GÅ Business Meetings Knowledge Sessions CEO Roundtables Networking Opportunities Cultural Evening State Focus Sessions#13सत्यमेव जयते Ministry of Tourism Government of India Proposed Sessions 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi Inaugural Session State Sessions Growth prospects of Travel Tech Startups Integrating sustainability into tourism practices Incredible India! Visit India Campaign 2023 Best Sustainable Tourism Practices within and outside India Deep Dive: Smart Tourism and Destinations - Empowering Tourism Destinations through Innovation State Tourism: Innovative and Comprehensive state specific tourism strategies Tourism Planning and Regional Development Trends shaping the Tourism Industry post pandemic - Revamping and Reinvention Transforming Tourism Value Chains Startups & Innovation-driven Tourism Making India a one trillion tourism economy by 2047 Responsible Traveler Practices Building Smart Hotels for Tomorrow Film-fuelled Tourism Changing Consumer Preferences for Tourism B20 India Secretariat CII Confederation of Indian Industry#14सत्यमेव जयते Ministry of Tourism Government of India 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi Partnerships: Target Partner Countries . Focused session for targeted country partners for the Tourism & Hospitality sector • Member Countries of G-20, other Countries having global players and key source markets for Tourism & Hospitality sector Argentina Australia Brazil Canada China European Union France Germany India Indonesia Italy Japan Mexico Russia Saudi Arabia South Africa South Korea Turkey United Kingdom United States C⭑ B20 India Secretariat CII Confederation of Indian Industry#15सत्यमेव जयते Ministry of Tourism Government of India 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi Partnerships: Central Ministries (1/2) B20 India Secretariat CII Confederation of Indian Industry Central Ministries Ministry of Culture Ministry of Ports, Shipping and Waterways Nature of Projects (Tourism Projects/assets) Tourist amenities at Monuments Cultural products including museums, interpretation centres, Centres for performing arts etc. Cruise Tourism, Inland Cruises, Lighthouses Ministry of Environment, Forest and Climate Change Eco tourism Ministry of Irrigation Ministry of Power Ministry of Textiles Dams, Lakes Hydro Power Projects - Dams, Lakes Craft Villages#16सत्यमेव जयते Ministry of Tourism Government of India 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi Partnerships: Partner Ministries (2/2) Ministries Having Tourism Products/ Assets Ministry of Civil Aviation Ministry of Railways Ministry of Road Transport Ministry of Housing and Urban Development Ministry of Heavy Industries Ministry of Commerce and Industries Nature of Projects Last mile connectivity Heli ports Bharat Gaurav Trains Wayside Amenities Ropeways Smart City Projects Convention Centres E-Buses EODB, FDI, NESID B20 India Secretariat CII Confederation of Indian Industry#17सत्यमेव जयते Ministry of Tourism Government of India 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi Partnerships with States Policies and Incentives Compiling the State Investment Policies for the tourism and hospitality sector Fiscal and non-fiscal incentives for Investment in the tourism and hospitality sector Investment Ecosystem Grant of Industry Status to Hospitality projects Single window system to facilitate investors Investment opportunities Investible opportunities for the private sector Investible opportunities for public-private partnerships Investible opportunities in EPC or other projects funded by the Government ➤ Availability of land parcels B20 India Secretariat CII Confederation of Indian Industry#18सत्यमेव जयते Ministry of Tourism Government of India 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi Partnerships with States - India Investment Grid (IIG) WEST INDIA Investindia.gov.l INVEST INDIA INVITATION FOR APPLICATIONS FOR DEVELOPMENT OF ECO-TOURISM RESORTS ANDAMAN & NICOBAR ISLANDS So and Nicobar and grated Development Corporation Limited Request for accantonaterested PROJECT DETAILS NAGALAND OPPORTUNITIES ABOUND AKY 2022 Showcase Economic Activity 27,000+ Registered Users 14,600+ Total Projects USD 1,880 bn Total Value INVEST INDIA Access to Global Investors 4.7 Mn+ Page views 15,000+ 197 Projects Countries Greenfield & Brownfield 265 Pan-India menu 85,000+ Twitter Tourism projects of opportunities Followers USD 1.54 Billion listed worth B20 India Secretariat CII Confederation of Indian Industry#19सत्यमेव जयते Ministry of Tourism Government of India 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi Partnerships with States - India Investment Grid (IIG) INDIA INVESTMENT GRID IIG Sub-sectors HOME OPPORTUNITIES ANALYTICS RESOURCES Add Opportunity Search IIG 0 B20 India Secretariat CII Confederation of Indian Industry Tourism (Leisure/ Adventure / Heritage Tourism) 127 Opportunities USD 808.78 mn worth India receives 3rd highest investment in travel & tourism across countries Hotels & Accomodation 106 Opportunities USD 64.90 mn worth International hotel chains will account for 50% share in the Tourism &... MICE/Convention Centre/Resorts 67 Opportunities USD 510.46 mn worth India is fast becoming the business centre of the world with an exponentia... Eco Tourism (Coastal + Eco) 53 Opportunities USD 214.80 mn worth A burgeoning sub segment under the tourism sector in India Himachal Pra... 15 Maharashtra 17 Madhya Pradesh 20 Kerala 14 Delhi 15 Himachal Pra... 11 Telangana 8 Uttar Pradesh Assam 8 Tamil Nadu Gujarat Maharashtra 7 Himachal Pra... Telangana Bihar 3 Uttar Pradesh 3 11#20सत्यमेव जयते Ministry of Tourism Government of India Potential Participants 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi State Governments ➤ Global & Domestic Investors Adventure Tourism Players Eco-Tourism Product Developers Infrastructure Developers Urban Developers International Associations Startups & Venture Capitalists Hoteliers & Restauranteurs ➤ Cruise Liners Helicopter Services Banks & Financial Institutions Entertainment Companies Spa & Yoga Centers B20 India Secretariat CII Confederation of Indian Industry#21सत्यमेव जयते Ministry of Tourism Government of India Invest India Contribution Madam Tussauds started operations in 2019 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi Largest European entertainment company Chain of Israeli luxury hotels Ο 5-star hotel in Bengaluru and further investments in pipeline Investment: USD 12 Mn Investment: USD 88 Mn 1 Employment: 28 Employment: 350 B20 India Secretariat CII Confederation of Indian Industry#22सत्यमेव जयते Ministry of Tourism Government of India Invest India Contribution Canadian Hotel Developer Investment: USD 24 Mn 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi Employment: 200 India Issue Case lodged against developers despite complying with regulations Facilitation Invest India drafted representation for the consideration of the Secretary, DIPP & JS MOT Outcome Clarification letter was issued resolving case for the company 80-key hotel, operated by Taj Hotels under the brand name "Taj Rishikesh" B20 India Secretariat CII Confederation of Indian Industry#23सत्यमेव जयते Ministry of Tourism Government of India 1st Global Tourism Investors' Summit 10-12 April 2023 | Pragati Maidan, New Delhi B20 India Secretariat CII Confederation of Indian Industry Thank you