Tag Archives: CMD

Ajay Singh urges FM for infra status for travel & tourism and inclusion of ATF under GST

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.

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SpiceJet launches one-stop Delhi-Tirupati flights

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.

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Employment of tourism workforce is our major concern: G Kamala Vardhan Rao, DG,Tourism

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.

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India has tremendous potential for medical value tourism: G. Kamala Vardhan Rao, C&MD, ITDC

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.”

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Q4 2021 & all of 2022 are going to see such a rush: Madhavan Menon

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!”

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AI trying to move towards a more web-sale oriented approach: Rajiv Bansal

At a recent press conference, addressing the issue of travel agent commission and the reason it was discontinued post lockdown, Rajiv Bansal, CMD, Air India, said, “We are trying to move to a more web-sale oriented approach, instead of an agent-based sales model. Initially, during the Vande Bharat Mission, all tickets were sold on the website, owing to imbalance in demand and supply. Now, demand and supply are largely matched, and all forms of sale are open, including agents, on-counter and web sale. Our objective is to increase the web sales.”

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State Govt need to give incentives to attract investments in Odisha

Claiming that the hospitality and tourism industry has taken a hard hit during the COVID-19 crisis, JK Mohanty, CMD, Swosti Group; Chairman, HRAO and Hony. Secretary, HAI, has said that state government needs to play a greater role in attracting investments from the private sector by providing attractive incentives for a period of at least 3 – 5 years to make Odisha an attractive destination competing with other neighbouring states like Kerala, Maharashtra, Tamil Nadu, Rajasthan Uttar Pradesh, Goa, Gujarat, Andhra Pradesh, etc. “Around five thousand additional number of hotel rooms in different star category should be set up to compete with the hotel infrastructure of the other states of India. We, therefore recommend that the Government should allow 30% capital investment subsidy up to a maximum limit of Rs.25 crores and 5% interest subsidy up to 11 years on repayment of term loans. If the subsidy is given only for 3 years, many hotels will come up as required,” he added.

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Ashwani Lohani is the new CEO, Services Business at GMR Group

Ashwani Lohani, Former CMD Air India and Chairman of the Railway Board, has joined as Chief Executive Officer (CEO) for GMR Group’s Services Business (which includes railways). Lohani had recently joined as the Chairman of Andhra Pradesh Tourism Board. The latest move could be a good news for GMR, as it was looking at expanding its wings in the Railways sector by showing its interests in the private train project, station redevelopment plans and dedicated freight corridors (DFC).

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