Infrastructure Challenges and Terror Impact: ixigo CEO on Boosting Tourism
ixigo Group CEO Aloke Bajpai highlights the need for improved infrastructure and high-quality hotels to attract international tourists, amid impacts from recent terror attacks in Pahalgam. Despite global tourism trends, ixigo aims to outpace travel industry growth with robust financial performance and strategic ambitions.
- Country:
- India
India must improve its infrastructure and hotel quality to boost international tourism, according to ixigo Group CEO Aloke Bajpai. His comments come as Jammu and Kashmir's tourism suffered a significant setback due to recent terror attacks in Pahalgam.
Despite the global focus on domestic tourism post-COVID, Bajpai remains optimistic about surpassing industry growth predictions, aiming for a 40% growth in gross transaction value this year, as opposed to the projected 8-9% overall market growth. ixigo has reported a remarkable increase in profits for Q4 FY25.
Bajpai also emphasized the strategic need to bolster its operations amidst challenges such as the Pahalgam attacks. The company continues to leverage strong cash flow to drive expansion and maintain momentum in the competitive travel sector.
ALSO READ
-
Middle Corridor Could Create 2 Million Jobs and Transform Trade in Nine Nations
-
ADB’s Five-Year Plan Backs Better Services and More Jobs Across Papua New Guinea
-
Benin’s Growth Surges as $2.43 Billion Annual Funding Need Shapes Its Economic Future
-
São Paulo’s $460M Ferry Overhaul Brings Electric Vessels and New Local Jobs
-
Thailand’s Road to High-Income Status Runs Through Bangkok and Smaller Cities
Google News