neesshaaa

Services exports sectors like tourism and hospitality to do well, going forward: Senthil S Nathan, Ministry of Commerce

Senthil Nathan S, Director, EP (Services), Ministry of Commerce, mentioned that Commerce Secretary recently said that exports is merchandise contribute almost 60 per cent and more of our exports and services contribute to almost 37-40 per cent. “However, going forward, within the next decade by mid-2030s or so, services, given their momentum of growth and their inherent potential are going to outstrip the exports of merchandise. Within services exports, sectors like tourism and hospitality are going to do well because of their potential,” he said.

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Panaji to get 5000 pax convention & expo centre on outskirts & 1400 pax MICE venue in Panaji: Nikhil Desai

Nikhil Desai, MD, GTDC, has said that a 1400 seat convention centre is being built in the capital city of Panjim. “That will take care of the medium sized conventions, both domestic and international. Apart from that we have plans to have a 5000 seater convention and expo centre right in Dona Paula, which is on the outskirts of Panaji City, with all facilities like hotels, parking and entertainments features.”

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Foreign trade policy to offer incentives for hotels, tourism industry

India’s foreign trade policy will offer a slew of incentives for hotels, tourism, transport, education, and healthcare industries, sectors that were the worst hit by the pandemic. “We are mulling a package for the services sector. But we are yet to finalize it, and discussions are still on. We want to support sectors that really require it, like tourism, hospitality, education, etc., and not those unaffected by the pandemic,” revealed a government official. According to estimates by the Services Export Promotion Council (SEPC), shared with the government, travel and transportation services, one of the worst hits during the pandemic, are set to make a strong recovery in the current fiscal.

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National Tourism Board soon, to be headed by a CEO: Arvind Singh

Arvind Singh, Secretary, Tourism, has said that the Ministry of Tourism will be setting up a National Tourism Board, which will have a CEO at the helm. It will formulate specific strategies for promotion in different countries by coordinating with respective international missions. He was speaking at the Hospitality and Tourism Conclave organised by Services Export Promotions Council (SEPC).

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Valmiki Harikishan elected chairman, FTCCI tourism committee fourth year in row

Federation of Telangana Chamber of Commerce and Industry (FTCCI), a 105 Year old organisation started during Nizams era, elected its new tourism committee and Valmiki Harikishan, MD, Valmiki Travel & Tourism Solutions, has been elected as the leading chairman of the committee for the fourth consecutive year in row. He says this year, they have plans to initiate 2nd edition of Telangana Tourism Conclave. The Tourism Committee will work more closely with Govt of Telangana in rolling out and announcing Tourism Policy, promoting UNESCO Heritage site Ramappa Temple in Warangal, UNWTO recognised Pochampally Village and many more historical sites, as per the tag line of Telangana State- ‘For all reasons and all seasons’.

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