Business
Envisioned creating a $3 tn tourism GDP for India by 2047: FAITH chairman Nakul Anand

New Delhi, Sep 27
Federation of Associations in Indian Tourism & Hospitality (FAITH) chairman Nakul Anand has said the organisation has envisioned creating a $3 trillion tourism GDP for India by 2047 through 100 million foreign tourist arrivals, 20 billion domestic tourism visits and more than 200 million direct and indirect tourism driven jobs.
Speaking at ‘Travel for LiFE’, a global first initiative by the Ministry of Tourism to boost public and tourism businesses, he said, "India is perhaps one of the very few countries which has already covered expansive strides in remodelling its tourism based on eco-friendliness, youth friendliness and sustainability, and the introduction of the G20 Tourism and Sustainable Development Goals dashboard act as a tremendous tool to keep the industry accountable and firm on its path towards achieving its sectoral goals by 2030.
"I believe the tourism sector has the potential to outshine all others as the Olympic-flame blazing towards responsible and sustainable development despite its complex relationship with the environment. However, the industry has its task cut out as it needs to strike a balance between economic development and ecological preservation," said Anand.
The Ministry of Tourism’s unique initiative, ‘Travel for Life’ encourages Sustainability in Tourism and this will accelerate hospitality and tourism businessesâ€, he said.
Various initiatives will be launched under Travel for LiFE, including TFL case study competition, a national TFL campaign for cleaning tourist sites and recognition of best practices in sustainable rural tourism.
Anand said if countries are to fulfill their undersigned commitments adopted during the Paris Agreement (2015) and hold the global average temperature increase well below 2 degrees Celsius, and further limit it to 1.5 degrees Celsius, then it is imperative to address the fact that the industry poses a threat to sustainability.
“Our current travel and tourism model is unhinged and unsustainable as it leads to the generation of an estimated 5.2 Gigatons (Gt) of carbon each year, accounting for 9 per cent - 12 per cent of total global GHG emissions. To align the industry’s impact positively in the direction of the Paris Agreement, emissions would have to be reduced from 5.2 to 3.1 Gt of carbon emissions, to prevent the projected rise of 6.2 Gt.
"Having said this, I would like to draw your attention to this session’s most eminent topic and give thanks to our Honorable Prime Minister, Narendra Modi and the Ministry of Tourism, for designing Travel for LiFE (Lifestyle for Environment) under the Mission LiFE directive - Tourism as a Vehicle for achieving sustainable development goals,†said Anand.
"To cite an example closer home in hospitality, ITC Hotels has not only embodied its pioneering concept of responsible luxury, but also endorsed it to the world at large. Globally, ITC Hotels is the first to have 23 properties LEED Platinum Certified, 12 of its hotels LEED Zero-Carbon Certified, and two hotels LEED Zero-Water Certified. ITC Hotels has surpassed the UN 2030 sectoral targets consecutively for the third year in a row, recycling/reusing more than 99% of solid-waste generated and meeting more than half of its electric consumption through renewable sources.
"ITC Hotels is also deploying state-of-the-art technology such as Atmospheric Water Generators at its Grand Chola and Welcomhotel Bengaluru properties. ITC Hotels is perhaps one of the most noteworthy examples in the hospitality industry to prove that the MICE business model can not only exist in sustainable surroundings, but also enable planet-positive experiences," said Anand.
The event was graced by Ajay Bhatt, Minister of State for Tourism, Atul Bagai, Country Head, UNEP, Leena Nandan, Secretary Ministry of Environment, Forest and Climate Change, Vidyavathi, Secretary Tourism, Rakesh Verma, Additional Secretary Tourism and Manisha Saxena, Director General, Ministry of Tourism.

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