Maharashtra targets tourism’s GSDP share at 14% by 2034 as hotel investment builds
Maharashtra’s Tourism Policy 2024 aims to lift tourism’s contribution from about 9% to 14% of GSDP by 2034. Tata Group, The Leela and Mahindra Holidays are among companies developing projects across Sindhudurg, Tadoba, Matheran and Ratnagiri, supported by destination bodies and the MahaAtithi platform.
What happened
Maharashtra Tourism · Maharashtra’s Tourism Policy 2024 targets tourism’s GSDP contribution rising from 9% to 14% by 2034, backed by sustainability incentives,
Key facts
- Tourism contributes approximately 9% of Maharashtra's GSDP
- Target to raise tourism contribution to 14% by 2034
- MahaAtithi lists over 100,000 tourism assets and operators
- Maharashtra has over 350 forts
Why this matters
Partnerships, acquisitions or joint ventures with local destination developers could provide faster access to Maharashtra’s policy-backed tourism growth corridors.