New Maharashtra tourism policy to attract significant investments: HRAWI

A section of hotel and restaurant owners on Saturday welcomed the Maharashtra government's Tourism Policy 2024, which is aimed at positioning the state as a premier global tourist destination.

This progressive framework, aimed at positioning Maharashtra as a premier global tourist destination, is a game-changer for our industry, the Hotel And Restaurant Association (Western India) - HRAWI said in a statement.

The policy's strategic initiatives and incentives are set to attract significant investments, HRAWI president Pradeep Shetty said.

Additional Floor Space Index (FSI), relaxed building restrictions to expedite projects, capital subsidies, SGST reimbursement, electricity duty exemptions and interest subventions on loans are some of the key requirements of the industry and once implemented, will give a big boost to the state's tourism and hospitality sector, Shetty said.

"We eagerly anticipate its effective implementation within the stated objectives and the Ease of Doing Busines