Axis Softech - Technology transform travel industry
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The tourism industry in India is projected to reach half a trillion dollars by 2018, with air travel making up 34% of the industry. The document outlines India's plans to promote tourism through initiatives like Digital India, increasing visa on arrival countries to 150, the Incredible India campaign for safety and security, and allocating $2.3 billion for tourism infrastructure. It also discusses public-private partnerships in the aviation industry such as joint ventures between Tata and Singapore Airlines for a full-service carrier and Tata and Air Asia for a low-cost carrier, as well as Indigo ordering 250 Airbus jets.
Axis Softech - Technology transform travel industry
- 2. It will reach half billion by 2018 (in bn)
- 4. Air 34% Others 56% Rail 9% Hotel 1% Estimated Breakup 2014 (F.Y)
- 10. Digital India to make empower every citizen with Technology Visa on arrival extended to 150 countries Incredible India Campaign & efforts to increase the safety and security of tourists in India INR152 bn allotted for infrastructure for the tourism sector 100% Foreign Direct Investment in Travel & Tourism Industry
- 11. Tata-Singapore Airlines JV launched a full-service carrier Tata-Air Asia JV launched a LCC in June 2014, Indigo ordered 250 A-320 neo jets from Airbus in 2014.
- 12. Axis Softech Private Limited