Tag Archives: CMD

Rajni Hasija, CMD, IRCTC, has said that many times in PPP model, private players don’t have much technical knowledge of the subject. “Thus, handholding of the private partner is must, which IRCTC has been doing and we have been able to perform well also by delivering,” he said.

Ajay Singh, CMD, SpiceJet, has said, “The budget is growth oriented and yet prudent and responsible. Coming as it does in a year when India has assumed the presidency of the G20, it is an object lesson in how an economy should be managed in a crisis.”

J K Mohanty, CMD, Swosti Group, has said that Swosti Group is soon unveiling the first five-star premium luxury beach resort Swosti Premium Beach Resorts at Puri, which have been permitted to go up to 13 floors. “The work is going on in full swing and the resort will be inaugurated by Honourable Chief Minister of Odisha in early 2024,” he said.

Steve Borgia, CMD, INDeco Leisure Hotels, has said that they are developing a hotel product with no buildings. “I want to call it The Last Resort built in a beautiful mountain river area. It will be in 100 acres and I’m planning to start this project in three months. We have just acquired the land for the same,” he said.

Ajay Singh, CMD, SpiceJet, has said that India with its size and being the fastest growing aviation markets in the world, needs to have its own hub and global carriers that can take Indians directly to destinations in Europe or the USA, so that we can bypass their hubs.

Ajay Singh, CMD, SpiceJet, at a post-budget interaction with Finance Minister Nirmala Sitharaman, put forth the difficulties being faced by civil aviation, travel, tourism and hospitality sectors. He requested her to consider granting infrastructure status to these sectors to facilitate lending by banks and financial institutions. He also requested the Hon’ble Finance Minister’s support for inclusion of Aviation Turbine Fuel under GST. The FM gave a positive response to consider these issues.

Jyotiraditya Scindia, Union Minister of Civil Aviation, has flagged the inaugural SpiceJet Delhi-Tirupati flight and hence boosting the connectivity between the National capital and spiritual capital of India. Also present at the virtual inauguration were General VK Singh, MoS, Civil Aviation; Prahlad Singh Patel, MoS, Food Processing Industries and Jal Shakti; Ajay Singh, CMD, SpiceJet; an Usha Padhee, JS, MoCA.

G Kamala Vardhan Rao, Director General, Ministry of Tourism and CMD, ITDC, has said that they are concentrating on promoting, incentivising and prompting travel, which is needed to give a boost to the hotel sector, tour operators, guides, taxi drivers, and all the stakeholders who have lost jobs. “Our fundamental concern is to see that once the engine of tourism is on, all stakeholders in the tourism sector will be employed. Hence, our main concern is to gain this employment back, to gain the confidence levels of the hotels sector back to normalcy and gain the confidence of hoteliers and all the stakeholders in the tourism sector,” he said.

Kamala Vardhan Rao, IAS, C&MD, ITDC, has said that India has tremendous potential for medical value tourism. Speaking at a webinar for Tourism Collaboration between India and Saudi Arabia, he added, “India holds 10th position globally as far as Medical Value Tourism is concerned, due to affordability, accessibility, and availability of medical facilities. It is the 7th dominating country in the world and 3rd in Asia Pacific region in terms of wellness tourism. India has received 4.95 lakh medical tourist in 2017 which has gone up to over 7 lakhs in 2019. With 800 NABH and 36 JCI accredited hospitals, India is a viable destination for medical facilities due to a robust ecosystem which is already well developed. Medical Value Tourism (MVT) is one of the 10 champion sectors identified by the Government of India, and we are perhaps the only country in the world with a dedicated Ministry of alternate healing and traditional medicine, the Ministry of AYUSH, which promotes Ayurveda, Unani and Homeopathy medicine. Ayurveda is taking off in a very big way world-wide, with its proven efficacy in the post-COVID recovery phase.”

Urging the industry to plan for the future now, Madhavan Menon, CMD, Thomas Cook India, speaking at the company’s ‘Mission Tomorrow’ event, said, “Q4 2021 and all of 2022 are going to see a rush. I believe we are going to enter that phase where people are going to go into revenge mode. I can see domestic travel and international travel bouncing back. Please plan your trips!”