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Investor Presentaiton

... with clear Government support to boost tourism Initiatives planned by the Government of India to give a boost to the tourism and hospitality sector of India : Various Other Government Initiatives: Source: IBEF 26 The Government of India is working to achieve 1% share in world's international tourist arrivals by 2020 (20Mn Foreign Tourists) and 2% share by 2025 A 5-year tax holiday has been offered for 2,3- and 4- star category hotels located around UNESCO World Heritage sites (except Delhi & Mumbai) Under the Swadesh Darshan scheme, 15 thematic circuits in the country have been selected for development of tourism infrastructure Under Budget 2019-20, the government allotted Rs 1,160 crore (US$ 160.78 million) for development of tourist circuits under Swadesh Darshan E-visa facility offered to 166 countries, as of December 2018 Tourism & hospitality sector's direct contribution to GDP in 2017, was Rs.5.94Trn (US$91.27bn). This is expected to reach Rs.12.68Trn (US$194.69 bn) in 2028, implying a CAGR of 7.23% during 2012-28 The Government of India will develop 10 prominent sites in India into iconic tourist destinations, as per Union Budget 2018-19 100 per cent FDI is allowed under the automatic route in tourism & hospitality, subject to applicable regulations & laws Tourism Finance Corporation of India
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