Tag Archives: K Syama Raju

With the announcement of the Union Budget 2025, the tourism and hospitality sector witnessed a new dawn of hope for tourism activities in India, specially for infrastructure development. Appreciating the budget, K Syama Raju, President, FHRAI, said, “The plan to develop the top 50 tourism destinations in partnership with state governments is a major initiative. This collaboration will not only improve infrastructure but also help spread tourism across the country, attracting more visitors and benefiting local communities. Additionally, the inclusion of hotels in the harmonious master list and the granting of infrastructure status to the hospitality sector is a significant move. This aligns with our long-standing request for granting of Infrastructure Status to the hospitality industry. This will facilitate access to cheaper, long-term financing, enabling hotels in these newly developed destinations to upgrade their facilities and offer world-class services, further boosting the sector.” He further added, “The focus on medical and wellness tourism through the ‘Heal-in-India’ initiative in the Union Budget 2025 is a forward-thinking move that will strengthen India’s position as a global leader in healthcare. India has already earned a reputation for providing world-class medical treatments at a fraction of the cost found in developed countries. By promoting ‘Heal-in-India,’ the government aims to further capitalise on this strength, attracting international patients seeking affordable, high-quality healthcare services. This initiative will not only boost medical and wellness tourism but will also create a platform for India’s healthcare industry to expand its global footprint. With the support of the government, healthcare facilities across the country will be encouraged to offer specialised treatments and services, making India an attractive destination for patients from both developed and developing nations.” He also highlighted, “The introduction …

K Syama Raju, President, Federation of Hotel & Restaurant Associations of India (FHRAI), said, “Andhra Pradesh Tourism Policy 2024-29 marks a transformative step in unlocking the state’s tourism potential. By aligning infrastructure development, private investment, and workforce training with sustainability and community welfare, the policy aims to position AP as a leading player in India’s tourism industry while benefiting local communities and the hospitality sector.”

K Syama Raju, President, Federation of Hotel & Restaurant Associations of India (FHRAI), said, “The future of India’s hospitality sector and tourism is bright, with substantial growth expected in 2025 and beyond. Domestic tourism is projected to grow by 15–20%, driven by govt initiatives. The travel market is on track to reach $125 billion by FY27, with the hotel market set to grow from $32 billion in FY20 to $52 billion.