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India's tourism sector sees push for investment amid strong growth and global travel challenges.
Union Minister Piyush Goyal urged greater investment in India’s hospitality sector, citing strong tourism growth and economic momentum.
He highlighted global travel challenges like limited flight capacity and rising airfares, calling for strategies to attract high-spending tourists and expand three- to five-star hotel infrastructure.
The government is identifying 50 key tourist destinations through a state-led 'challenge mode' initiative.
Goyal noted India’s economic resilience, with an IMF growth forecast of 6.6%, retail inflation at 1.54% in September, and foreign exchange reserves near $700 billion.
He also raised concerns over MSMEs’ access to credit due to conservative lending and unfair rating benchmarks.
El sector turístico de la India se ve impulsado por la inversión en medio de un fuerte crecimiento y desafíos globales de viajes.