Dr. Mahesh Sharma, Minister of State (Independent Charge) for Tourism and Culture has said that Incredible India Tourism Investors’ Summit (IITIS) 2016 is a platform for the investors across the globe to explore investment opportunities available within the ambit of India’s tourism sector as well as core infrastructure. India being one of the fastest growing economies, the landscape of the tourism sector is sought to escalate India’s rich culture and heritage. He opined that the tourism sector of India has brought about a new paradigm of growth and development in creating employment, generating income and fostering entrepreneurship. Briefing Media persons on the forthcoming IITIS here today, Dr. Sharma said that the objectives of IITIS are to Showcase a bouquet of investment ready projects from all the Indian states and private project owners, present opportunities for global Investors to understand the investment ecosystem for garnering investments, Catalyzing partnership in the form of B2B linkages and Identifying opportunities for local players to move up the value chain through technical collaboration and global partnership.
The Minister opined that IITIS will showcase the investment opportunities in tourism sector. It’s main objective is to position the Indian Tourism sector for attracting large investments and presenting to the Investors tangible investment-ready projects in the different States/Union Territories of India. The summit will provide a global platform for interaction with investors, policy makers and Indian industry leaders, and other stakeholders.
Shri Vinod Zutshi, Secretary, Ministry of Tourism in his address said that the Tourism landscape in India is undergoing significant transformation, heralding a new paradigm of growth and development in creating employment, generating and ushering entrepreneurship. The India Tourism Sector today present a plethora of investment opportunities in areas of infrastructure development, both from India and overseas. With the streamlining of infrastructure in the core and tourism related sectors through investments and partnerships