Federation of Associations in Tourism and Hospitality (FAITH), India’s tourism policy think tank, is set to hold its National Tourism Conclave “Tourism 2030 – India on Mission Mode”. Bringing together industry and government to define the roadmap for the sector to become a USD 3 trillion tourism economy by 2047, contributing 10% to India’s GDP.
Says Mr. Puneet Chhatwal, Chairman, FAITH, “India will continue to be among the fastest growing major economies on its path to becoming the world’s third largest global economy. This, coupled with limited supply additions in the country’s top ten lodging markets, foreign tourist arrivals set to exceed pre-COVID levels, and the permanent shift in consumer behaviour with travel becoming a non-discretionary spend, will continue the demand buoyancy in the tourism sector.”
He adds, “The National Tourism Conclave will focus on enabling a transformation in the policy framework and facilitate the creation of a favourable investment environment to unlock India’s tourism potential. This roadmap to 2030 will serve as the building block for a USD 3 trillion tourism economy in 2047, aligned to the vision of Viksit Bharat, as envisaged by the Prime Minister of India, Mr. Narendra Modi.”
The conclave will feature a series of panel discussions and interactive sessions focused on enhancing India’s global positioning by deliberating on issues such as Development of a Holistic Travel Eco-Systems, World Class Infrastructure & Connectivity, Sustainability & Inclusivity in Tourism, Preserving Culture & Heritage, Promotion of Destinations and Leveraging India’s Demographic Dividend – Building the Talent Pool.
According to Mr. Ajeet Bajaj, Vice Chairman, FAITH, “The conclave will witness participation of senior leaders from both the Government and the Travel & Tourism industry. The recommendations emerging from the conclave will be presented to the relevant authorities for consideration, to shape and evolve the policy framework to realise India’s tourism potential.”
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Rajeev Kohli, JMD, Creative Travels @ Kerala Travel Mart 2024
