The emerging industry of spiritual tourism, which focuses on inner peace and connection with the divine, has gained popularity, especially after COVID-19. The Ayodhya Ram Mandir in Ayodhya is expected to become a hub for spiritual tourism, attracting thousands of visitors daily. The government’s efforts to revive tourism sites and the contribution of tourism to India’s GDP make it an attractive sector for investors. Stocks in sectors such as hotels, travel, telecom, and infrastructure are expected to benefit from the growth of spiritual tourism.
Investors not inclined to ‘sell India buy China’ but to ‘sell India buy USA’: Samir Arora
Samir Arora cautioned investors not to get overly excited by CLSA’s increased allocation to India. He believes that investors were shifting to the US, not
November 16, 2024