Andhra to host G-20 meet from March 28

State IT Minister Gudivada Amarnath said that G20 countries and European Union countries are also participating in the conference…reports Asian Lite News

Visakhapatnam, the City of Destiny is getting decked up for the G20 Summit which will be held from March 28.

The arrangements for the G-20 summit have been completed in Visakhapatnam and Rs 157 crore has been spent for the preparations, informed the district in-charge minister and Health, Family Welfare and Medical Education Minister Vidudala Rajini informed on Saturday. “On the directives of Chief Minister YS Jaganmohan Reddy, city beautification works have been undertaken on a permanent basis with a cost of around 157 crore rupees,” Rajini said after Rajini said.

On Saturday, a final review meeting was held on arrangements with the ministers and officials in the conference hall of the district collector’s office.

After having hosted the Global Investors Summit, Visakhapatnam is one among the cities that will host the G20 meet, the theme of which is ‘One Earth. One Family. One Future’.

Municipal Administration Minister Adimulapu Suresh said that 200 delegates from different countries are coming for this conference and they have completed their necessary transport, accommodation and security arrangements.

“As part of the arrangements for the conference, infrastructure has been developed in the areas visited by foreign delegates. 46 kilometres of BT road works, 24 kilometres of painting works and the construction of ten kilometres of footpath has been completed on a permanent basis. Visakhapatnam is the most beautiful city in the country,” he added.

State IT Minister Gudivada Amarnath said that G20 countries and European Union countries are also participating in the conference.

Chief Minister YS Jaganmohan Reddy will participate in the inaugural program on the 28th and Union Minister Rajiv Chandrasekhar will formally open the meetings.

“The foreign delegates coming to this conference will be provided complete information about the state and will be told about the investment opportunities,”

Special CS Sri Lakshmi, MAD Director Praveen Kumar, District Collector A. Mallikharjuna, Commissioner of Police CH Srikanth, GVMC Commissioner Rajababu, Member of Parliament MVV Satyanarayana, Mayor Golagani Hari Venkata Kumari, Legislators Avanti Srinivasa Rao, Thippala Nagireddy, etc. were present. (ANI)

Tourism Ministry to organize first Tourism Investors’ Summit

Ministry of Tourism organised a roundtable interaction with heads of mission in New Delhi on Thursday as a run-up to the first Global Tourism Investor’s Summit.

As an initiative under India’s G20 Presidency, the Ministry of Tourism, Government of India shall be organizing the country’s first Global Tourism Investors’ Summit (GTIS) in Delhi from May 17-19. The Roundtable Interaction with Heads of Missions was chaired by G. Kishan Reddy, Minister of Tourism, Culture and DONER.

While addressing the Heads of the Missions at Vigyan Bhawan today, Reddy remarked that guided by the vision of Prime Minister Narendra Modi, tourism development and promotion is being undertaken in Mission Mode by the Government. He also stated that the current investment landscape of the country makes it an appropriate destination for investment in various sub-sectors of the Indian tourism industry such as Hospitality and Lodging, Wellness tourism, Adventure tourism, Eco-Tourism, Rural Tourism and others. The Minister thanked all the participating Missions for attending the Roundtable Interaction and invited them to actively participate in the forthcoming Investors Summit and be a part of India’s growth and development in the tourism sector.

Shri Arvind Singh, Secretary, Ministry of Tourism mentioned that in order to showcase investible opportunities to investors, till now 25 states have shared 350 plus investable projects with a total investment potential of around Rs. 64,000 Cr. (USD 7.7 billion) with the Ministry of Tourism. He stated that GTIS will also have several knowledge sessions focused on topics such as sustainability, digitalization, technology, insights, state-specific issues, and other sub-sectors of tourism. These sessions will facilitate business-to-business (B2B) and business-to-government (B2G) engagements.

K B Kachru, Member, CII National Committee on Tourism and Hospitality stated that GTIS is the right platform for all the tourism and hospitality industries operating outside India to come, witness the huge Indian market, and leverage the available investment opportunities.

A total of 42 Foreign Missions participated in today`s Interaction. The G-20 Presidency will give India’s tourism sector an unparalleled opportunity to highlight India’s tourism offerings and share India’s tourism success stories on a global stage. India’s tourism market is set for a growth trajectory due to improved infrastructure, global connectivity, higher disposable incomes and the development of niche tourism products opening opportunities for foreign investors.

The tourism sector has emerged as one of the fastest-growing economic sectors and has a significant impact on trade, job creation, investment, infrastructure development and social inclusion. The objective of GTIS 2023, being organized in partnership with Invest India as the Investment Promotion and Facilitation partner and Confederation of Indian Industry (CII) as the Industry Partner, is to provide a common platform for interactions between global and domestic players and explore the investment opportunities in the Indian travel and hospitality sector. (ANI)

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