Tourism
Sector Highlights
- With numerous natural and man-made marvels in the state, Madhya Pradesh offers immense potential for the development of Tourism sector in the state
- The state boasts of 25 sanctuaries, 10 natural parks, 6 project tiger reserves, 3 UNESCO worldheritage sites and 2 Jyotirlingas
- In 2014, 63 mn domestic tourists visited Madhya Pradesh
- Key tourism sites in the state include historical sites of Sanchi, Khajuraho, Bhimbetka and tiger reserves of Kanha National Park and Bandhavgarh National Park
- Key hotels in the state include Taj, Radisson,Lalit, Courtyard by Marriot, Sayaji, Welcome Heritage Group and Ramada
Investment Opportunities
- Village, Wellness, Water, MICE, Film, Eco and Religious tourism
- Developing tourism infrastructure including hotels and resorts
Policy Highlights
- 100% FDI allowed in tourism sector
- Luxury tax exemption for new hotels – from 5 years to 10 years
- Luxury tax exemptionduring off seasons
- Entertainment tax waiver for 10 years, for new tourism projects
- Promotion of special tourism zoneswith incentives on Stamp Duty, Luxury and Entertainment Tax, Licenses, Diversion Premium, and Motor Vehicle Tax
- 25% capital subsidy subjected to a maximum of INR 15 m
