FAITH release tourism vision 2035

Hyderabad: FAITH policy federation of ten national associations representing the complete tourism, travel and hospitality industry of India (ADTOI, ATOAI, FHRAI, HAI, IATO, ICPB, IHHA, ITTA, TAAI, TAFI), has released an India tourism vision-2035 with a vision statement, goals and a tangible execution path for the country commemorating the 75th golden year of Indian independence.

Nakul Anand, Chairman, FAITH, said that its vision statement include making Indian tourism preferred and loved by global and domestic tourists, creating economic and wealth creation opportunities for tourism, travel & hospitality entrepreneurs, positioning tourism rightly as social economic job and infrastructure creator and becoming a role model sector for sustainable and inclusive growth.

FAITH 2035 vision lays down the key headline action goals like- target 75 million inbound tourists, aim for $150 bn of foreign exchange earnings from inbound tourism, target 150 mn direct and indirect employment from tourism in public and private sector in hotels, travels agencies, tourism transportation, food services, destination management & services, enable 75 mn outbound travellers from India. The vision proposes four strategic pillars to achieve these goals, such as: shared national tourism approach, value accretive regulations, investment drivers and market excellence.

PP Khanna, President ADTOI (Domestic Tourism), said: "India is the second highest in the world with almost 2.3 billion domestic tourism visits. The central government to double this higher than China which is around four billion domestic tourism visits in the medium term and then to more than triple it in the long term."

Finally our GST regime for travel and tourism needs a complete overhaul and we suggest a special committee to look into all issues of GST rates and credits along the entire travel and tourism value chain. As a result of the pandemic over the past 22 months, the world has also changed on parameters of travel commerce. This is now the time to bring a change in the travel ecosystem.

FAITH, on behalf of the whole tourism industry engages in key policy and strategy ideation with Central and State Governments of India for growth of the Indian tourism industry. It has worked with the governments on tourism components of various national strategic policies.