Abdul Ghani’s Post

🌟 Exciting News in Indian Tourism Investment! 🌍🇮🇳 Introducing the Nifty India Tourism Index, designed to reflect the vibrant growth of India's travel and tourism sector. 📈🌏 Launched with a base value of 1000 on April 01, 2005, this index tracks the top 30 stocks from the Nifty 500 Index, focusing on companies driving the tourism theme. Key Highlights: ✨ Eligible stocks are selected based on 6-Months average free-float market capitalization. ✨ Stocks from the Nifty 500 index are considered for inclusion. ✨ A maximum of 30 stocks are included in the index. ✨ Each stock's weight is determined by its free float market capitalization, with a cap at 20%. ✨ The index is reviewed semi-annually and rebalanced quarterly. India's tourism sector is a powerhouse, contributing nearly $200 billion to GDP and ranking as the 3rd largest foreign exchange earner in the country. 🌟 This index provides investors with a strategic tool to participate in the growth story of Indian tourism! Stay tuned for more updates on how this index evolves and contributes to the growth story of Indian tourism! 🚀💼 #IndiaTourism #InvestmentOpportunity #NiftyIndiaTourism #StockMarket #TourismSector #NSE

🌍 Pack Your Bags for Investment with the Nifty India Tourism Index! ✈️ The Nifty India Tourism Index is designed to track the top-performing stocks from the Nifty 500 Index that represent the thriving travel and tourism industry. The largest 30 stocks are carefully selected based on their 6-month average free-float market capitalization, giving you a true picture of the leaders in the travel space. 🚀 📊 What can the Nifty India Tourism Index do? From benchmarking fund portfolios to launching index funds, ETFs, and structured products, this index is your go-to tool for navigating the exciting world of tourism investments! Here’s a sneak peek at the Top Constituents by Weightage in the Nifty India Tourism Index. These are the key players shaping the future of India’s stock market tourism sector. 🏖️ #NiftyTourismIndex #TravelAndInvest #TourismStocks #MarketLeaders #ETFs #Tourism

Tata Nifty India Tourism Index Fund NFO: should you invest? This article discusses the NFO of the Tata Nifty India Tourism Index Fund which is the first fund tracking the Nifty Tourism Index. 🎯 Read the article to learn more: https://lnkd.in/gwFy7V87 👉 If you liked this post, please repost and forward it to your groups so that it reaches more people. For more such personal finance knowledge, please join our WhatsApp community (fully private, no spam) by clicking the link below 👇 https://lnkd.in/dtzCHbt6

Jet. Set. Go. with Tata Nifty India Tourism Index Fund NFO, India’s first tourism index fund! Chalo, Tourism Ke Saath Chalo NFO Open Date: 8th July, 2024 NFO Close Date: 19th July, 2024   Why Invest? - Potential growth with India’s booming tourism sector. - Aims to benefit from rising disposable incomes and a growing middle class. - Seeks to leverage government infrastructure initiatives. Why Tata Nifty India Tourism Index Fund? - Exposure to leading tourism companies. - Aims to track the Nifty India Tourism Index. - Seeks long-term growth potential.   Who Should Invest? - Long-term growth seekers. - Risk-tolerant investors. - Focused investors.   Why an Index Fund? - Simple and cost-effective. - Transparent. - Typically, lower costs. Invest Now and be a part of India’s tourism growth potential. To know more visit: https://lnkd.in/dEvY4AwE #TataMutualFund #InvestInTourism #NFO #TourismBoom #MutualFunds #IndexFundSimpleHai #NFO #NFOAlert

⛰️🏔️Quantifying the Economic Impact of Tourism on India's GDP📈 (2001-2020) "Excited to share key findings from my recent Data Analysis project on how tourism impacts India's economy. Used data from the Ministry of Tourism to learn about tourism trends from 2001 to 2020. Stay tuned for interesting insights on how tourism influences India's GDP growth!" 📍 Objectives : --> To assess the contribution of tourism to India's GDP over the period 2001-2020. --> To Compare the growth of tourism sector with overall GDP growth in India. --> Benchmark India's tourism contribution to GDP against other major tourism contribution in Asia. --> Used Various libraries like pandas, numpy, Geopandas, matplotlib, seaborne, plotly. 📍Conclusion : 1) India's tourism industry has experienced impressive growth alongside the overall economy from 2001 to 2020. 2) This upward trend is expected to continue, with projections indicating tourism's contribution to GDP reaching a staggering $512 billion by 2028. 3) Increasing Foreign Exchange Earnings(FEE) which helps development of Nation. #DataAnalysis #TourismImpact #Economy #MinistryofTourism #DataScience #GDP

The NSE has launched the NIFTY India Tourism Index, tracking the performance of top tourism-related stocks in India. Did you know that Travel & Tourism are major industries in India, contributing $199.6 Billion to the GDP? Key stocks include: - **IndiGo** (20.0% weight, 75.4% 1-year return) - **IHCL** (14.4% weight, 63.3% 1-year return) - **GMR** (9.7% weight, 133% 1-year return) The index boasts a remarkable 1-year performance of 41.98%, highlighting the sector's robust recovery and growth. Exciting times ahead for India's tourism industry! #Investing #Tourism #StockMarket

At the first National Conclave on India 2047, Patu Keswani, Chairman and Managing Director of Lemon Tree Hotels, emphasized the transformative potential of India's tourism sector in addressing the nation's employment challenges. Keswani argued that with adequate government support, the tourism industry could resolve up to 50% of the country's job issues. He highlighted that, unlike other nations where tourism contributes up to 20% of GDP and 25% of employment, India's tourism sector currently only accounts for 6.5% in both areas. Keswani also drew parallels between India's current economic phase and China's past growth trajectory, noting that rising household incomes are poised to drive a significant shift in discretionary spending. He projected that the number of households engaging in discretionary consumption could grow from 5 million to 30 million, driving economic activity akin to the transformations seen in China and Vietnam. Keswani further pointed to India's expanding infrastructure, such as the addition of 1,500 aircraft, the doubling of airports, and the tripling of runways, as a once-in-a-generation opportunity to boost the tourism sector. #hospitalityupdate #lemontreehotel #tourism #travelandtourism

Tourism and hospitality are not only about holidays; they are vital to the economy of India. They, in fact, form almost 10% of our GDP and support over 40 million jobs. That is a huge impact! Yesterday, I was just thinking about how these sectors are going to be really pivotal for our growth. The kind of emphasis laid by the government on infrastructure development is, therefore, a game changer. Take the new projects in places like Gaya, Bodhgaya, and Nalanda—these are going to increase connectivity and strengthen tourism. Just imagine the potential for turning these regions into big attractions! The catch here, however, is that while domestic tourism is given a fillip by new infrastructure and developments, the inbound tourism segment still lacks good policy support. No big-bang announcement was made regarding the improvement of policies on tapping international tourists. This is where more action is required. On the bright side, the proposed GST simplification and the review of the Income Tax Act may improve dependability, and therefore, that is good news for all sectors, including tourism. Plus, efforts to improve job skills and create new jobs are positive steps. The industry is still pushing for more support and infrastructure benefits, but these developments are a good start. Tourism is more than just travel; it’s a big driver of our economy. What are your thoughts on its role in our growth? #tourism #hospitality #growth

The launch of India's first tourism index fund, the Tata Nifty India Tourism Index Fund, signifies a robust confidence in the growth potential of the Indian tourism sector. This new financial product aims to provide investors with exposure to leading companies within the travel, tourism, and hospitality industries, reflecting the anticipated surge in these sectors due to rising disposable incomes and evolving consumer preferences. The index fund, which tracks the Nifty India Tourism Index, is designed to capitalize on the substantial growth projected in the tourism industry. Factors contributing to this optimism include enhanced infrastructure, better connectivity, and technological advancements that have made travel more accessible and appealing. For instance, improvements in highway connectivity, railway comfort, and the proliferation of new airports have collectively facilitated easier and safer travel across the country. The tourism index fund not only reflects the growing middle class's increased travel expenditures but also aligns with the broader economic resilience and consumption patterns in India. #nifty #IndexFund #tourismindexfund #pranavbansal #plenaryholidays

₹2.5 Lakh Crore Economic Activity Expected During Maha Kumbh 2025.. The Maha Kumbh 2025, scheduled from January 13 to February 26, is set to be a game-changer for Uttar Pradesh’s economy. With an estimated ₹2.5 lakh crore in economic activity and ₹25,000 crore in state revenue, the event is poised to drive significant socioeconomic growth. As the state aspires to become India’s first $1 trillion economy, this grand event is being positioned as a catalyst for socioeconomic growth, tourism, and employment generation. Key Highlights: 📍 📌 Massive Footfall: 400 million visitors expected, up from 240 million in Kumbh Mela 2019. 📌 Increased Budget: ₹7,500 crore allocated, a 78% jump from 2019. 📌 Employment Boost: 45,000 families to benefit from direct and indirect opportunities. 📌 Tourism Growth: UP aims to increase tourism GVA from ₹14,000 crore (2022-23) to ₹70,000 crore by 2028. 📌 In 2023, Uttar Pradesh welcomed 480 million domestic and international tourists, a 50% rise from 2022. By 2028, the annual tourist footfall is estimated to reach 850 million. The state is also conducting roadshows in cities across India and abroad, including the Netherlands, Thailand, and Mauritius, to promote Maha Kumbh. With a focus on ecotourism, rural tourism, and cultural heritage, Uttar Pradesh is turning this spiritual event into an economic powerhouse. This monumental event underscores the synergy between tradition and progress, with Uttar Pradesh leveraging its cultural legacy to drive economic growth. Maha Kumbh 2025 isn’t just a spiritual gathering; it’s a testament to how culture and economy can go hand in hand for holistic development. What are your thoughts on this unique blend of culture and economic growth? How can we further enhance its impact? #mahakumbh