Over 200 investors expected at maiden IITIS

The Incredible India Tourism Investors’ Summit (IITIS) scheduled for September 21-23, at Vigyan Bhawan, New Delhi, will witness participation from more than 27 Indian states, informs Vinod Zutshi, Secretary-Tourism, Govt. of India, at a press conference. He informed, “Till date, 140 investors from around 70 companies have confirmed their participation but we are hoping to see a turnout of about 250 investors. Around 600 investible projects will be showcased to the investors through presentations, B2B and B2G meetings.” Suman Billa, Joint Secretary-Tourism, said that the summit is expected to accumulate Rs 57,000 crore where they anticipate signing several MoUs over the two days. Dr. Mahesh Sharma, Minister of State (Independent Charge) for Tourism and Culture opined that IITIS will showcase the investment opportunities in tourism sector. “It’s main objective is to position the Indian Tourism sector for attracting large investments and presenting to the Investors tangible investment-ready projects in the different States/Union Territories of India. The summit will provide a global platform for interaction with investors, policy makers and Indian industry leaders, and other stakeholders.”
A total of 21 seminars will be held across the two days, with various plenary sessions on topics like Why Invest in Incredible India?, Core Infrastructure for Tourism, Digital India & Start Up India: Investing in Tourism Technology, Success Stories of Investment in India and on MICE & Medical Tourism, to name a few. Prior to the event, officials from the Ministry of Tourism embarked on roadshows in the USA, UAE, Thailand, Hong Kong, Shanghai, Singapore, Gujarat, Mumbai, Bhopal to draw in investors to India.