11 months ago
Andhra Pradesh Tourism Minister Invites Investment at London Event
The tourism boss from a place called Andhra Pradesh went to London to talk to people who have money.
He told them that the places to visit in his region are going to get much better and are a great place to put their money.
He said they want to build cool places for people to explore nature, have adventures, relax by the beach, and get well using old medicine.
The government is helping by giving special status to tourism and offering good deals, like help with electricity.
They have already gotten a lot of money from investors and want even more.
They even invited everyone to a big meeting later to talk more about it.
They want their region to be the best in the country for tourists.
Andhra Pradesh's Tourism Minister invited investors in London to invest in the state's growing tourism sector.
The minister highlighted opportunities in eco, adventure, beach tourism, wellness, and Ayurveda centers.
The state has accorded industrial status to tourism and released a new tourism policy, offering incentives like electricity subsidies.
Andhra Pradesh has attracted ₹12,000 crore in tourism investments over the past 15 months.
Investors were invited to a partnership summit in Visakhapatnam on November 14-15.
- Who
- Andhra Pradesh Tourism Minister Kandula Durgesh and potential investors/international tourism delegates.
- What
- Promoting Andhra Pradesh's tourism sector to attract investments.
- Where
- London, UK, at the Indian High Commission.
- When
- After the conclusion of the World Travel Market (WTM) - 2025 exhibition in London.
- Why
- To showcase the state's tourism potential, encourage investment in hospitality and tourism, and develop the sector as a 'game-changer' for state development.
Government's Outlook
Investor Perspective
Investment Potential
Government's Outlook
The AP Tourism Minister highlights the bright future of AP's tourism sector, inviting investors to capitalize on opportunities in eco, adventure, beach tourism, wellness, and Ayurveda centers, supported by government incentives and a new tourism policy.
Investor Perspective
While the minister is actively promoting investment, the actual commitment from investors will depend on their assessment of the risks, returns, and stability of the market, as well as the effectiveness of the promised incentives and infrastructure.
Government Support
Government's Outlook
The government emphasizes its strong support for the tourism sector through industrial status, a new policy, subsidies, and incentives, with dedicated attention from the Chief Minister and Deputy CM.
Investor Perspective
Investors may be cautious, seeking concrete evidence of successful past investments, streamlined bureaucratic processes, and the long-term viability of the government's supportive policies before committing significant capital.
Key facts
- Event
- World Travel Market (WTM) - 2025 exhibition and a high tea programme
- Location
- London, UK
- Presenter
- Kandula Durgesh, Tourism Minister of Andhra Pradesh
- Key Message
- Inviting investors to explore and invest in Andhra Pradesh's tourism sector, highlighting its potential and government support.
- Investment Attracted
- ₹12,000 crore in the last 15 months
- Areas for Investment
- Eco tourism, adventure tourism, beach tourism, wellness centers, Ayurveda centers
- Upcoming Event
- Partnership summit in Visakhapatnam on November 14-15
Quotes
Kandula Durgesh
Tourism minister of Andhra Pradesh
“Andhra Pradesh is a suitable place for wellness centers and Ayurveda centers. Deputy CM Pawan Kalyan is paying special attention to ecotourism. AP is providing electricity subsidies and other incentives for tourism projects. We are working with the goal of making AP a model for the country in tourism and becoming the number-one.”
deccanchronicle.com
“In its fast-paced development, there is abundant support from chief minisiter Chandrababu Naidu, deputy CM Pawan Kalyan, and the Centre.”
deccanchronicle.com
Sources
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