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The Federation of Indian Chambers of Commerceand Industry (FICCI), as part of its mandate to further enhance India’s digital drive in the travel and tourism industry has launched its maiden initiative aimed at travel start-ups.
‘Travel Tech Launch Pad’ will be a platform which is to encourage innovation and growth of travel startups during the second edition of FICCI’s flagship event titled ‘Digital Travel, Hospitality and Innovation Summit’ scheduled to be held on March 22-23, 2017 in New Delhi. Travel start-ups will be offered an opportunity by the Summit to learn from experts in the field of travel, exhibit their business ideas, and display their products & services besides providing a unique opportunity to connect with a right set of ecosystem partners.
There is a tremendous potential for travel & tourism which is essential for the future of India’s travel sector. The Indian travel & tourism industry has been growing steadily and needs to be explored with new innovations. The sector’s direct contribution to GDP is expected to grow by 7.2% per annum during 2015–25, as per IBEF. The tourism sector has witnessed investments worth $42.9 billion in 2015 and is expected to attract $132.9 billion by 2025.
Travel Tech Launch Pad 2017 is being organised by FICCI in association with Agnitio Consulting LLP, Nucleus Partners, TravHQ Media and Charson Advisory. “FICCI is launching the Travel Tech Launch Pad with an objective to encourage entrepreneurship and technology innovation in the field of Travel & Hospitality,” said Rahul Chakravarty, Director and Head – Tourism, FICCI.
Sourse: travelnewsdigest.in