Investment desk under MOT in pipeline

An Investment Desk will be set up by the Department of Industrial Policy & Promotion (DIPP) and Invest India to facilitate investment for tourism, revealed Vinod Zutshi, Secretary-Tourism, Govt. Of India at the Tourism Investors Summit 2016. In his keynote speech, he stressed that with tourism in India facing exponential growth, the infrastructure needs to be amped up to be on par. This year, foreign tourist arrivals in the country have been growing at an average of 8-9 per cent. With tourism occupying a 12.36 per cent employment share and a 6.88 per cent contribution to GDP, Zutshi stated that the core infrastructure – road, rail, air, and waterways, needs new additions as well as renovation.