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Andhra Pradesh eyes Rs 20,000cr investment in tourism by 2029

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Press Trust of India New Delhi
Last Updated : Apr 05 2016 | 7:57 PM IST
Andhra Pradesh is eyeing investments worth Rs 20,000 crore in the tourism sector by 2029 as it undertakes multiple initiatives to position the state as a preferred destination.
To attract more visitors, the state is working towards creating six tourist hubs - Visakhapatnam, Srisailam, Rajahmundry-Konaseema-Kakinada, Vijayawada-Amaravati, Tirupati and Ananthapuramu-Puttaparthi.
"Andhra Pradesh is eyeing an investment of Rs 20,000 crore in the tourism sector by 2029," Andhra Pradesh Principal Secretary Tourism & Culture Neerabh Kumar Prasad told PTI.
With an investment of Rs 12,000 crore already tracked, development of a sturdy tourism infrastructure is what will give further fillip to the sector, he added.
Bullish on the state's tourism potential, Union Minister of State for Science and Technology & Earth Sciences Y S Chowdary said: "I am confident that it (tourism) will emerge as one of the biggest growth engines, driving the state's economy."
The state is also looking to unlock further value through temple tourism and creation of a Buddhist Circuit to attract both domestic and international tourists.
The state witnessed a jump in tourist footfalls from 93 million in 2014 to 122 million in 2015.

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First Published: Apr 05 2016 | 7:57 PM IST

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