The old Sanskrit saying ‘Atithi Devo Bhava’, which has been loosely translated in the headline, is paying India rich dividends as foreign hotel and restaurant chains flock to the country to create jobs and provide economic opportunities to many more.

It is widely accepted that the hospitality and tourism sector is a key driver of employment and growth the world over. In the Indian context, the Narendra Modi government has identified this sector as key to generating jobs for the millions of youngsters who join the workforce every year – with sound reason.

A growing economy and ever-increasing government initiatives like ‘e-Tourist Visa’, ‘Digital India’, ‘Make in India’ etc has led to a simultaneous increase in demand by business and leisure travelers for clean, affordable and modern accommodation.

India’s Ministry of Tourism has estimated that presently there is a shortage of over 200,000 rooms in the country for both domestic and international travelers. Utilising residential accommodation as homestays or bed & breakfast guest houses is one of the quickest means to fill this shortage.

Expenditure by Indian tourists visiting London is set for a 180 per cent spike by 2025, a latest report reveals.

Indian tourists visiting London are set to register a 90 per cent hike in numbers by 2025, latest data on the British capital’s tourism industry has revealed.

According to the World Travel & Tourism Council (WTTC), India is expected to establish itself as the fourth-largest travel and tourism economy by 2027. With a 7.4 per cent projected CAGR, India is predicted to reach 520,000 visits to London by 2025.

The chief of one of India’s leading healthcare players, Fortis Healthcare, weighs up India’s appeal as a hub for international patients.

Medical tourism is a phenomenon where people travel from their home country to another nation to access quality medical care. There are many factors which influence their decision, the most common one being the ability to access quality medical procedures which are not conducted within the boundaries of their home country.

Amaravati to have South Korean influence

A “South Korea City” is expected to come up in Andhra Pradesh’s new capital, Amaravati, or elsewhere in the state as Chief Minister N. Chandrababu Naidu invited industrialists from the country to set up their ventures in the state.

Naidu told a delegation of South Korean industrialists: “We will extend full cooperation and encouragement from the government if you make Andhra Pradesh your second capital and set up industries in a big way. We will develop a South Korean City, on the lines of Busan in your country.

“We will sign MoUs if you come up with comprehensive proposals and designs.”

He tried to woo other industrialists from the country by presenting South Korean automobile giant Kia Motors, which is setting up its car manufacturing unit in Anantapuramu district, as the mascot.

“We share similarities in size and population and we are both blessed with a vast coastline. We are rich in natural resources and I am very interested to collaborate with South Korea,” he said.

Naidu offered land, water, uninterrupted electricity and other incentives for the Koreans in his bid to woo them to the state.