Vinesh Gupta Optimistic About 2025 Budget’s Support for Hospitality Growth
Pre-budget quote by Vinesh Gupta:
As we approach the 2025 Union Budget, the hospitality industry remains optimistic about reforms that can drive sustainable growth. Rationalizing GST slabs, particularly to further streamline the sector, would not only enhance competitiveness but also encourage greater domestic and international tourism. Additionally, reducing the complexity of the taxation structure can ease operational challenges and improve affordability, making India an even more attractive destination for travelers. Furthermore, initiatives like investing in infrastructure are vital to unlocking the potential of offbeat and emerging destinations.
At The Den, we believe that the government will continue prioritizing skill development initiatives aimed at empowering local communities. A well-trained workforce is crucial for delivering world-class hospitality experiences, and such initiatives can create meaningful employment opportunities while fostering inclusive growth. With the hospitality industry projected to grow significantly in the coming years, these measures can position India as a global leader in tourism, ensuring long-term benefits for businesses, travelers, and communities alike.