Budget Quote - Mr Ritesh Agarwal, Founder & CEO, OYO

“The launch of the Incredible India 2.0 campaign will result in greater tourist interest and inflow from overseas, creating a huge demand and opportunity for the Indian hospitality industry. The proposed creation of 5 special tourism zones in partnership with state governments will also provide excellent fillip to domestic tourism. It is encouraging to note the government's focus on infrastructure development as it forms the backbone of tourism and hospitality sector. Furthermore, reduction in tax rate for SME and the push towards digital economy by de-incentivizing cash transactions will support new-age businesses and start-ups.”
We would greatly appreciate if Mr. Agarwal’s quote could be incorporated in case you are planning a story on industry reactions following the union budget.

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