The PHD Chamber of Commerce and Industry (PHDCCI) in its latest report has suggested that the government should look at Railways, civil aviation, road transport and tourism to create 10 crore jobs in the next five years.
It also suggested a seven-pronged strategy for the government to help India grow by promoting smart farming, exports, exploring tourism potential and quality education.
The report said that tourism is the largest investment market in India. Over 2.5 crore Indians travelled abroad in 2018 and 180 crore took domestic tourist trips. It can create over 40 million direct and indirect employment in the country.
The report noted that flights operating wide-body aircraft from a country to distant destinations attracts investment, creates jobs and increases passenger traffic. Therefore, it suggests that India should adopt a policy to promote wide-body aircraft by the Light Cost Carriers (LCC) in India and should open the sector for private corporate airlines.