Riaz Munshi, President, OTOAI said, “The merger of Air India and Vistara, is a positive development. Air India has struggled to compete in the aviation market for years, and the merger will make it one of the biggest airlines globally and a national carrier for India.
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The Indian wedding industry is flourishing at a growth rate of 25 per cent per annum and is pegged at an estimated Rs 250,000 crore ($40 billion), said Rajeev Jain, Managing Director, Rashi Entertainment, keynote speaker at the Travel Wedding Show. In his speech, Jain said that with Indians spending 80% of their wealth on weddings, the sector has proved to be a great contributor to GDP. About 8% of Indians opt for destination weddings from which connectivity and accessibility is the chief factor while choosing locations. The inauguration of Travel Wedding Show also witnessed speaker sessions with Shaji Thomas, Director – Destination Tourism Development, Ras Al Khaimah, Guldeep Singh Sahni, President – OTOAI, and Rajneesh Rathi, Editor-in-Chief, Wedding Affair as the speakers.
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