India to host first Global Tourism Summit under G20 Presidency

The Ministry of Tourism of the Government of India will be organizing the country’s first Global Tourism Summit in New Delhi from April 10-12, 2023, under the aegis of India’s G20 Presidency. The summit will be attended by all G-20 member countries, with the Confederation of Indian Industry (CII) serving as the Industry Partner for the event.

The summit, known as the Global Tourism Investor’s Summit, will showcase opportunities for investment and trade in various segments of tourism such as theme parks, adventure tourism, and wellness tourism. The Indian government has a vision of USD 56 Billion in forex and the creation of 140 million jobs in tourism by 2030 through inclusive growth and is particularly focusing on cruise tourism, ecotourism, and adventure tourism. The government has been investing in infrastructure and promoting the tourism and hospitality sector through various schemes and initiatives and is now introducing a new scheme called Swadesh Darshan 2.0, which will focus on the sustainable and responsible development of tourist destinations.

During a roadshow held ahead of the summit in Mumbai, Tourism Ministry officials from various western region states emphasized how G20 will be the Union Tourism Ministry’s main area in 2023 to establish the country as a key tourism destination during its year-long leadership.

The Principal Secretary of Tourism and Cultural Affairs for the state of Maharashtra announced that the government is discussing the development of an online application portal to facilitate investment opportunities in the tourism industry in the state. They have identified various opportunities such as land for amusement parks, autism, cruise tourism, and ecotourism, and are also focusing on private investment and partnerships.

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