Hotel Association of India backs Modi tourism push, sees 25-30% forex earnings jump
HAI president K B Kachru endorses PM's domestic tourism drive, projecting 25-30% rise in tourism forex earnings. Industry body calls for FDI inflows, simpler approvals and infrastructure expansion to scale hotels, resorts and convention centres nationally.
What happened
Hotel Association of India backs PM Modi's domestic tourism push, projecting 25-30% rise in tourism forex earnings. HAI president K B Kachru calls for FDI,
Key facts
- 25-30%
Why this matters
With industry calls for FDI and faster approvals, scout JV and minority-stake opportunities in mid-market hotels, resorts and convention-centre developers before valuations re-rate on the tourism push.