Ayodhya pins hopes to emerge as a centre of religious tourism
Ayodhya pins hopes to emerge as a centre of religious tourism
After the doors of Ram Mandir were thrown open by PM Modi on 22 January, Ayodhya pins hopes to emerge as a centre of religious tourism, attracting more than 50 million people from India and abroad every year to the temple town.
According to Vinit Bolinjkar, head of research at Ventura Securities, this upswing is anticipated to benefit various sectors, including hotels, airlines, hospitality, FMCG, travel ancillaries, and cement. As a result, companies are flocking to the destination along with tourists.
Reportedly, SBI Research estimates that tourists would splurge more than Rs 4 trillion by the end of this year, backed by initiatives taken by the Uttar Pradesh government.
News Edit K.V.Raman
