Tag Archives: foreign direct investment

Minister of Tourism, G. Kishan Reddy said in Lok Sabha that in order to attract foreign investment in the tourism sector, 100% FDI is allowed under the automatic route in the tourism and hospitality industry in India, subject to applicable regulations and laws.

In financial year 2021, the foreign direct investment equity inflow to the hotel and tourism industry in India was approximately 369 million U.S. dollars. This was a share of 2.21 percent of the FDI equity inflows into the service sector, revealed Statista.