Pvt investment hotels, other tourism-related infra critical: G Kishan Reddy
Private investment, particularly in hotels and other tourism-related infrastructure, is critical, Culture and Tourism Minister G Kishan Reddy said Thursday while asserting that massive investment opportunities exist in the tourism industry for both start-ups and conglomerates.
At a roadshow to raise awareness among stakeholders in the travel and tourism industry about the upcoming first Global Tourism Investors' Summit, he said the government is working in a dedicated manner towards the sustained growth and promotion of tourism in India.
"Considering the plethora of experiences the Indian tourism industry offers, such as wellness tourism, adventure tourism, eco-tourism, rural tourism, spiritual tourism and several others, both the state and Central governments recognise the role that tourism can play in driving economic growth. Therefore, private investment, particularly in hotels and other tourism-related infrastructure, is critical," the minister said.
Reddy said various ...