Tag Archives: FICCI

FICCI paves way for start-ups at Digital Travel Summit

The second day of FICCI Digital Travel, Hospitality & Innovation Summit 2018 focused on start-ups and what investors look for before they fund new businesses. Two sessions were held on investments, acquisitions and start-ups, followed by another start-up pitching session. The first panel discussion titled ‘The Future of consolidation, Merger & Acquisition & Foreign Investments in the Travel Industry’, was moderated by Alok Mittal, Founder & CEO , Indifi Technologies. The panel included Matt James,  Senior Manager, Corporate Strategy & Business Development, Amadeus Asia Pacific; Ankush Nijhawan, Co-Founder, TBO Group; Vikram Gupta, Founder & Managing Partner, IvyCap Venture; Tej Kapoor, Managing Director & Head, Fosun RZ Capital India; and Bhavik Vasa, Chief Growth Officer, EbixCash. The panelists discussed what it takes to attract investments and how they judge ideas to put money into them. The second panel, ‘Learning Through Peers : Case studies of  successful travel start-ups’, was moderated by Ashish Kumar, Co Chairman, FICCI Travel Technology Committee & Managing Partner, Agnitio Consulting. The panelists included Sakshi Vij, Founder & CEO, Myles; Anirudh Gupta, Co-Founder, Tripoto; Stephanie Strunk, Community Manager, Corporate Startegy, Amadeus Asia Pacific; Aishwarya Kachhal , Co-Chair, Harvard Business Alumni Angels India and Rajiv Malhotra, Founder, Hotel Launcher.

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FICCI-KPMG Knowledge Paper to focus on tech-savvy Indian traveller

FICCI and KPMG India have jointly unveiled the knowledge paper ‘Expedition 3.0- Travel & Hospitality Gone Digital’ at the inaugural session of Digital Travel, Hospitality & Innovation Summit. The Knowledge Paper looks at unravelling the technology trends in travel and hospitality segment that will help better define the future of the industry, how digitalisation has impacted the evolution of this industry and what can be achieved by overall technology inclusion across stakeholders in the industry ecosystem. Some of the key highlights of the paper reveal that most travellers go online, and 67 per cent even use voice search for research; 71 per cent use smartphones for research and booking, and 82 per cent prefer digital boarding passes and e-tickets for convenience; 87 per cent use videos and photos posted by friends as part of their travel research while 83 per cent want to be connected while travelling; 85 per cent use price comparison websites to look for deals, and 58 per cent agree spending considerable time to find best price; 91 per cent use review sites; and 75 per cent choose hotels that do not charge for Wi-Fi.  

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FICCI Digital Summit 2018 kicks off in Delhi

The Federation of Indian Chambers of Commerce and Industry (FICCI) inaugurated the third edition of Digital Travel, Hospitality & Innovation Summit on March 21, 2018 at Federation House, New Delhi. The two-day summit is part of FICCI’s mandate to further enhance India’s digital drive in the travel and tourism industry. The summit saw in attendance the high flyers of travel and hospitality industry alongside the giants of travel technology from both India and abroad. The summit kick-started with an inaugural session where Ashish Kumar, Co-Chairman, FICCI Travel Technology Committee & Partner Agnitio Consulting, welcomed the delegates and attendees, followed by a special address by Dhruv Shringi, Chairman, FICCI Travel Technology Committee & CEO and Co-Founder, Yatra Online, where he stressed on the new innovations changing the face of the travel industry around the world. This was followed by keynote addresses by Jason Nash, Chief Storyteller, Travelport; Rajesh Magow, Co-Founder & CEO, MakeMyTrip and Pulkit Trivedi, Director Global Sales Organisation, Facebook India.

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FICCI Digital Summit to be held from March 21-22

As part of its mandate to further enhance India’s digital drive in the travel and tourism industry, FICCI is set to organise the third edition of Digital Travel, Hospitality & Innovation Summit from March 21-22, 2018 at Federation House, New Delhi. The Summit will witness the presence of who’s who from the travel and hospitality industry, and will cover various topics related to the future of travel and innovation. FICCI and KPMG India will also jointly unveil the knowledge paper ‘Expedition 3.0- Travel & Hospitality Gone Digital’ at the inaugural session of the event. The paper looks at unravelling the technology trends in travel and hospitality segment that will help better define the future of the industry, how digitalisation has impacted the evolution of this industry and what can be achieved by overall technology inclusion across the stakeholders in the industry ecosystem. The Summit will also offer an opportunity for travel startups through Travel Tech Launch Pad, a platform for travel start-ups to learn from experts in the field of travel, exhibit their business ideas, and display their products and services in addition to providing a unique opportunity to connect with the right set of ecosystem partners.

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SpiceJet promises connectivity between Assam’s Lakhimpur and Jorhat

SpiceJet will soon connect Assam’s northern district of Lakhimpur with Jorhat in the south, announced Ajay Singh, Chief Managing Director, SpiceJet at Advantage Assam-Global Investors Summit’18 in Guwahati. The move will, if it comes through, form part of Centre’s UDAN or Regional Connectivity Scheme (RCS), an initiative taken to make air travel to India’s Tier-II and III cities affordable and at the same time putting remote regions on the country’s aviation map. “For India to grow, it is critical that North East grows. And, the region cannot grow without connectivity. SpiceJet connects cities of Guwahati, Silchar and Dibrugarh to other parts of the country and under UDAN, we will soon be connecting Lakhimpur and Jorhat,” Singh said. The two-day event showcased the state’s manufacturing opportunities and geostrategic advantages to foreign and domestic investors. The summit was organised by the Assam Government, in association with the Federation of Indian Chambers of Commerce and Industry (FICCI). There were a number of focus sectors identified by the state, which includes agriculture and food processing, organic farming, bamboo, handloom, textile and handicrafts, inland water transport, riverfront development and logistics. Source:ANI 

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FICCI’s Global MICE Travel Mart begins in Delhi

The government shall soon roll out its much-awaited National Tourism Policy, expected to provide single window clearance for organisation of meetings and conferences, informed Satyajeet Rajan, Director General, Ministry of Tourism, Government of India, while addressing the second edition of Global MICE Travel Mart, organised by FICCI jointly with the Ministry of Tourism, Government of India, on September 14 at The Lalit, New Delhi. He said that there was a need to provide incentives to this sector to make it competitive in the world market. He added that there was a pressing need to conduct a study to assess size of the industry and a consultant was being appointed to suggest a workable roadmap for the development of the sector. During the inaugural of this mart, which is underway until Sept 16, a FICCI-MRSS Knowledge Paper on ‘MICE Tourism Powerhouse of a New Era Tourism’ was unveiled by the dignitaries. The six-point agenda of the study suggested a six-point roadmap for development of India as a MICE tourism hotspot. Chander Mansharamani, Vice Chairman, ICPB and Managing Director, Alpcord Network Travel & Conferences Management Company, said that MICE was an economic activity and there was an imperative need for the creation of a market for the sector. Besides, he emphasised on the need for readily available comprehensive database, building capacities and capabilities while taking into account competition to make India a MICE hub. Highlighting the immense potential of MICE tourism in West Bengal, Amitava Rathod, Deputy General Manager, West Bengal Tourism Development Corporation, said that that with new convention centres projects such as HIDCO, Digha and Bagdogra coming up in the state, West Bengal is bound to lead the country in …

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Odisha Travel Bazaar expected to host 40 FTOs from 19 countries

FICCI along with the Department of Tourism, Government of Odisha, organised a roadshow in Delhi to inform the various stakeholders of the tourism and hospitality industry about the upcoming Odisha Travel Bazaar (OTB) to be held at Bhubaneswar from October 15-17. Dr. Jyotsna Suri, Chairperson, FICCI Tourism Committee and CMD, The Lalit Suri Hospitality Group, informed that OTB, FICCI’s maiden show in Odisha will be modeled on the lines of the Great Indian Travel Bazaar (GITB) conducted annually in Rajasthan. “At Odisha Travel Bazaar, as many as 40 foreign tour operators from 19 countries; 10 top of the line inbound operators and wedding planners and 20 leading domestic tour operators from across India will be participating as hosted buyers. The tourism fraternity of Odisha comprising of hotels and tour operators will be promoting the tourism products of Odisha as sellers,” she said. Ashok Chandra Panda, Minister of Tourism and Culture, Government of Odisha, addressed the stakeholders and informed them about the various achievements of the state in terms of tourism and also discussed the various projects open for investment in the state. He said, “I invite all travel trade associations to host their conventions and other events in Odisha. It is important that the travel trade looks beyond the usual regions and focuses on the Eastern part of India to market and promote it as a favourable destination for inbound and domestic tourism.” Other dignitaries present at the roadshow included Dr. Nitin Bhanudas Jawale, Director and Additional Secretary, Department of Tourism, Govt. of Odisha; J. K. Mohanty, Chairman-Tourism Panel, FICCI Odisha State Council and CMD, Swosti Group; Dr. A Didar Singh, Secretary General, FICCI and Rahul Chakravarty, Consultant, FICCI. Representatives …

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FICCI GMTM 2017 from Sep 14-16

The second edition of the Global MICE Travel Mart (GMTM) organised by FICCI, will be held on September 14-16, 2017. This was announced by Rahul Chakravarty, Senior Director – Tourism, FICCI on the sidelines of FICCI’s Tourism Investors Meet that took place last week. The annual event will be instrumental in putting MICE destinations in India on the itineraries of the foreign tour operators and opinion leaders from India. Recognising the need to propel the highly-potential MICE industry to greater heights, FICCI introduced GMTM in 2016 where the inaugural edition saw a participation of over 30 buyers from 12 countries. Face-to-face meetings among exhibitors and buyers were held in full swing, along with a panel discussion where insights and challenges of the MICE industry were discussed.

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FICCI’s first Wedding Tourism Summit kicks off

Realising the potential of the Indian wedding industry, FICCI organised the first-ever Wedding Tourism Summit at The Lalit to give impetus to the booming segment. The gathering was welcomed by Dr Jyostna Suri, Past President, FICCI and Chairperson – FICCI Tourism Committee. Also present at the inauguration were Ajay K Sharma, Deputy Director – Tourism, Govt of Rajasthan, along with Siddharth Chaturvedi, CEO, Eventcrafter and Secretary, EEMA. The Wedding Tourism Summit will conclude on May 26, 2017. The two-day summit gives buyers and suppliers an opportunity to interact and explore potential business opportunities under one roof and also address issues and concerns pertaining to the wedding segment. Suri said, “Weddings not only benefit the hotels where the events take place, but also the destination as well as ancillary services like florists, caterers etc. We need to tap countries like UK where there are many tourists looking for good destinations to get married in and what better place than India, with its historic hotels and other sites. The objective of this platform is to create a bigger awareness of India and the various destinations as a sought-after wedding location.” Suman Billa, Joint Secretary – Tourism, Govt of India delivered the inaugural address where he stated, “If we want to achieve our target of attaining 2 per cent of global international tourist arrivals into India by 2025, we need to address all segments that have the potential to grow, and weddings is definitely one of them. People who come for weddings stay longer and spend more so there is a need for us to come up with a game plan on what we need to do to promote it. We need to look …

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GITB 2018 from April 22-24 in Jaipur

The 11th edition of GITB will be held from April 22-24, 2018, at Jaipur, announced Jyotsna Suri, Chairperson, Tourism Committee, FICCI. “GITB has become the biggest show for inbound tourism in India and the most exclusive one that promotes all segments of tourism in the country. It has grown over the last 10 years from 260 buyers to 275 buyers, from 3000 to 10,800 meetings over the last few years. It has played a vital role in the influx of foreign tourists to India and Rajasthan. Since it is held in Jaipur, it gives maximum exposure to the state of Rajasthan. We hope that the foreign buyers attending the show become our ambassadors and bring more and more tourists to the country.”

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