MOT roadshow attracts Chinese investors in Shanghai

Vinod Zutshi, Secretary, Ministry of Tourism, recently visited Shanghai in a bid to attract Chinese investment in India’s tourism sector. Close to 20 prominent investors participated in the event which was a part of roadshows being conducted in different parts of the world to promote participation of investors’ at the forthcoming Incredible India Tourism Investors Summit scheduled  to be held at New Delhi from September 21-23, 2016 being organised by MOT, in partnership with Tourism Finance Corporation of India and the CII.
The Summit will bring together more than 20 Indian states unveiling a large bouquet of projects close to around 1000 in number, both of core infrastructure and those specific to various themes of tourism be it hospitality, medical, MICE, Buddhist, entertainment and cruise tourism etc, the Secretary informed the Chinese investors. He also said that what makes this Summit unique is that it would see a large no of B2G meetings and states would offer single window for foreign and domestic investors interested in picking up their tourism sector projects in the true spirit of ease of doing business. Zutshi also pointed out that never was there a more favourable time to invest in India than now with strong macro-economic indicators and the current government’s commitment to investment facilitation like never before.
Several members who were present from the Chinese side expressed their interest in attending the Summit in now Delhi next month and appreciated the preparation of the Indian Government in attracting Tourism specific foreign investment.