India Ranks 3rd In Wttc Travel & Tourism Power and Performance Ranking
The Tourism and Hospiality industry s one of the largest service industries in India. Tourlsm an integral pillar of the Make in India programme. Tourism plays a role of significant economic multiplier and becomes critical since India has to grow at rapid rates and create jobs. India offers geographical diversity, world heritage sites and niche tourism products like cruises, adventure, medical, eco-tourism, etc.
A public-private partnership (PPP) is a project delivery model whereby private entities undertake large-scale engineering and construction projects, often on works with defined objectives and criteria under the supervision of a government agency for mutual benefit.
BOOT (build, own, operate, transfer) is a project that transfers the risk and responsibility for the design, construction and operation of a large public infrastructure to private developers.