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Tourism, Hospitality & Civil Aviation Brochure

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Tourism, Hospitality & Civil Aviation Brochure RISING HIMACHAL INVESTOR S’ HAVEN Tourism, Hospitality AND Civil Aviation GLOBAL INVESTORS’ MEET 07th - 08th NOV 2019, DHARAMSHALA Tourism, Hospitality & Civil Aviation Haven of Opportunities! Spiti Valley, Lahaul & Spiti Himachal Pradesh Overview The State of Himachal Pradesh was formed in January 25, 1971 as the 18th state of India. The total area of the state is 55,673 sq km. The State is bordered by Jammu & Kashmir on North, Punjab on West and RISING South-West, Haryana on South, Uttarakhand on South-East and China HIMACHAL on the East and has excellent connectivity with its neighboring states. Demographic Indicators Indicators Himachal Pradesh India Population (million) 6.9 1,210.9 Population density (per sq. km.) 123 368 Rural population (as percentage of total) 89.97 68.84 Literacy rate (census- 2011) (% age) 82.80 74.0 Life Expectancy (in years) 72 68.3 Key Economic Indicators Ÿ The State GSDP at current prices is INR 1.51 lakh crore (USD 21.57 bn) in FY 2019 Ÿ Compounded Annual Growth Rate (CAGR) of GSDP of Himachal Pradesh grew at 11.02% from FY2012 to FY2018 Ÿ Per Capita Income at current prices is INR 1.76 Lakh (USD 2,528) in FY2019 (National USD 2,000) Ÿ YoY Per Capita Income growth rate in FY 2019 was 10% (National 6%) Reasons to invest in Himachal Pradesh • Investor friendly climate • Cordial Industrial Relations- No Law and Order Problem • Available land bank • Availability of Skilled Human Resource • Proximity & easy access to potential markets of Punjab, Haryana, Uttarakhand and Jammu & Kashmir • Proactive administration • Abundance of water resources • Single Window Clearance Mechanism • Time Bound Approvals • Online Application and Approval • Timely Grievance Redressal Mechanism Accolades Ÿ Leads in Niti Aayog’s Sustainable Development Goals Index, 2018 Ÿ Awarded for Good Governance amongst small states for the second consecutive year by Public Affairs Centre 2018 Ÿ Most consumer friendly State in India by PHD Chamber of Commerce Ÿ Acknowledged as Hill State Leader and an Aspiring Leader in the State Startup Ranking 2018 by Department for Promotion of Industry and Internal Trade (DPIIT) Camping, Chobia Pass, Chamba Rising Himachal Investors’ Haven 01 TOURISM PROVISION OF UTILITIES nd Advantage Himachal Ÿ 2 in Tourism among large states Ÿ Power surplus State, 100% from green energy Ÿ Himachal Pradesh is destination for all seasons and all source reasons Ÿ Adequate availability of water for industrial Ÿ Adventure Destinations like Manali, Truind & Bir-Billing usage SALUBRIOUS ENVIRONMENT POLICY SUPPORT Ÿ 66% geographical area is designated forest Ÿ Industrial Development Scheme 2017 for new and area. existing units undergoing expansion Ÿ Variety of medicinal plants and herbs are grown Ÿ Marketing Development Assistance Scheme (MSME) aplenty Ÿ Financial assistance to international exhibitions FRUIT BOWL OF COUNTRY Ÿ The state is the leading fruit producer in the CONGENIAL INDUSTRIAL RELATIONS country Ÿ Most consumer friendly State in India by PHD Ÿ 2nd largest producer of Apple along with stone Chamber of Commerce (Dec 2018) fruits such as Plum, Peach and Citrus in India ADEQUATE LAND BANK AVAILABILITY OF SKILLED MANPOWER Institutes No. of Seats Ÿ Private land bank available in Rising Himachal Ÿ Institute of Hotel Managment, Kufri (Shimla) 3 38 portal Ÿ Institute of Hotel Managment, Hamirpur 126 Ÿ 104 Hectare of readily available land for Ÿ Food Craft Institute, Dharmshala 150 Ÿ Tourism projects FATSEST MOVING STATE IN EASE OF DOING (EODB) BUSINESS Food Craft Institute, Kufri (Shimla) 1 20 Ÿ Food Craft Institute, Hamirpur 6 0 Ÿ Common Application Form Ÿ More than 100 timelines have Ÿ 337 Reforms implemented been notified under State Single (BRAP 2017) Window Act, 2018 and Public Service Guarantee Act, 2011 Tourism, Hospitality & Civil Aviation 02 Rising Himachal Investors’ Haven 03 Rising Tourism Khajjiar, Dalhousie, Chamba TOURISM AN OVERVIEW Tourism is the fastest growing industry in the world. Tourism has emerged as an instrument for employment generation and sustainable human development. Several countries have transformed their economies by exploiting their tourism potential. World GDP Projected Growth International Employment Tourism contributed Industry projected Arrivals Employment, including 10.4% of global GDP (USD to grow at 3.8% In 2017, there were jobs indirectly supported 8272 billion) in 2017. per annum till 2028 1323 million by Tourism, was 9.9% international tourist of total employment. arrivals globally (313 million jobs) 1,323 10.4% 3.8% mn 9.9% Ÿ The Travel & Tourism (T&T) industry is the largest contributor to employment and economy, which is 10.4% of the global GDP (USD 8,272.3bn) in 2017, including direct, indirect and induced impacts Ÿ Tourism, a labour intensive sector, presents a huge employment prospects to ensure quality delivery of products and services. Human capital is central to the efficient and effective operation and thriving of tourism and related industries. Paragliding, Solang valley, Manali Tourism, Hospitality & Civil Aviation 06 Rising Himachal Investors’ Haven 07 INDIA: TOURISM SECTOR HIGHLIGHTS Ÿ Tourism industry in India has witnessed a boom in recent years, with people across the globe traveling to experience India’s natural beauty cultural diversity, and climatic regions. Ÿ India has moved up 12 positions to 40th (among 136 economies across the world in 2017) rank from 52nd in Tourism & Travel Competitive Index (TTCI) released by the World Economic Forum (WEF). 9.4% 6.9% 10 mn 8% India GDP: The Projected International Employment: total contribution of Growth: Industry Arrivals: In 2017, Employment, including Travel & Tourism is expected to there were 10.04 jobs indirectly to GDP was INR grow at 6.9% per million supported by the 15,239 bn (USD annum till 2028 to international tourist industry, was 8% of 234 bn), 9.4% of reach INR 32,053 arrivals in India total employment. (41 GDP in 2017 bn (US$ 492.2 bn) million) Growth Drivers Largest employer Impressive growth Favorable prospects investment Ÿ India is ranked 2nd amongst the Asian markets in Ÿ India earned a revenue of environment Hospitality employment in USD 234 Bn in 2018 with a Conducive policies for 2017 growth of 19 % encouraging FDI, tax Ÿ In 2017, Indian hospitality Ÿ Domestic spending will rise benefits, favourable sector became the largest from USD 186 Bn (‘17) to government policies employer, both in terms of USD 405.8 (‘28) coupled with promising growth prospects have direct as well as indirect Ÿ Capital Investment will rise helped the industry attract employment, with total from USD 41.6 Bn (‘17) to private equity, venture contribution of employment to USD 85.2 (‘28) 41.6 million people and will capitals and foreign reach 52.2 million by 2028 Ÿ Leisure spending will rise players Golf Course, Naldehra, Shimla from USD 230.5 Bn (‘17) to USD 486.4 (‘28) Tourism, Hospitality & Civil Aviation 08 Rising Himachal Investors’ Haven 09 HIMACHAL PRADESH: TOURISM SECTOR HIGHLIGHTS • One of the most visited North Indian State by international and domestic tourists • UNESCO World Heritage Rail line (most visited for leisure travel) • Half a million international tourist arrival in the State per year and excepted to grow 0.66 million by 2023 (CAGR 6.49%) • Highest foreign tourist arrivals in 2017 in Hill States • Domestic tourist arrival has grown to 19.5 million and excepted to grow 27 million by 2023 (CAGR 5.90%) • Highlights- Adventure Tourism, Spiritual tourism & Eco Tourism • Abode of His Holiness Dalai Lama (attracts international tourists) at Dharamshala • World second best (Asia’s No.1) paragliding site at Bir Billing Domestic Tourist Arrival (in million) Foreign Tourist Arrival (in thousand) (CAGR 5.90%#) (CAGR 6.49%#) 660 470 435 452 410 26.97 390 19.13 19.58 18.00 15.92 17.13 15.65 14.72 12.81 14.60 2010 2011 2012 2013 2014 2015 2016 2017 2018* 2023 2014 2015 2016 2017 2018* 2023 ( #2010-17) (* Up to Mar-19) Projected ( #2014-17) (* Up to Mar-19) Projected Key Facts UK, USA, Germany, Malaysia, Australia, Tourism Sector’s 3,382 Hotels and 1,604 Highest foreign tourist Switzerland are some of the contribution to Homestays with combined arrivals in 2017 in Hill major contributors to state’s GDP – 6.8% bed capacity of 1,00,367 States foreign tourist arrivals in New Shimla India Tourism, Hospitality & Civil Aviation 10 Rising Himachal Investors’ Haven 11 MAJOR PLAYERS IN HIMACHAL PRADESH And More... Ropeway, Solang Valley, Manali Tourism, Hospitality & Civil Aviation 12 Rising Himachal Investors’ Haven 13 HIMACHAL PRADESH TOURISM AVENUES Culture Wildlife Multiple ethnic communities with 5 National Parks, 32 wildlife sanctuaries different customs, languages, culture, and 3 wetlands festivals, cuisines, songs and traditional dances Nature & Eco-Tourism Pilgrimage Biodiversity hotspot with dense lush Several sites of religious importance for green forests, scenic mountains and Hinduism, Christianism, Sikhism and natural flowing streams. Buddhism Lake Adventure Natural lakes with serene beauty and Biking, Camping, Hiking Paragliding, holy importance to biggest man made Rafting, Angling, Trekking, Rock- lakes in northern India with water climbing etc. sports activities Ropeway Golf Potential Ropeway projects at Shri Anandpur 2 beautiful golf courses, one at Sahib Ji to Shri Naina Devi Ji, Shikari Devi Naldehra being the oldest in Asia (Mandi), Neugal (Palampur) Shahtalai to Deothsidh, Mcleodganj to Triund (Kangra) and Narkanda to Hatu peak (Shimla) Tourism, Hospitality & Civil Aviation 14 Rising Himachal
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