The interim Budget of 2024 underscored the Government’s commitment to reviving the hospitality sector and fostering its long-term sustainability. By addressing financial challenges, providing regulatory support and investing in infrastructure and human capital, the budget aimed to position the Indian hospitality industry for a resilient and prosperous future. The industry has welcomed the measures aimed at revitalising the economy.
A few reactions:
The Government of India’s continued focus on domestic tourism in the interim Budget 2024-25 is encouraging. Empowering iconic destinations and local entrepreneurs through interest-free loans and quality ratings will elevate India’s tourism landscape. The projects to enhance connectivity in the country through the development of airports, railways metro lines, ports in our unexplored island including Lakshadweep, and…
Boutique Travel VC raises investment cap from $1.5M to $10M to lead rounds and support portfolio companies through growth Travel...
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