📋 Tender Overview
Scope : To Set up 5-star Hotel in Ayodhya, Uttar Pradesh
EaseMyTrip, as one of the joint venture partners, is committing to invest up to Rs 100 crore in Jeewani Hospitality Pvt Ltd, the entity super heading the project under incorporation. This investment will represent 50 per cent of the total paid-up share capital of the JV company on a fully diluted basis through equity swap, once finalised.
The religious tourism witnessed 1,439 million tourists in 2022 and the places of religious tourism earned Rs 1.34 lakh crore in the same year.
The sector is expected to generate a revenue of 59 billion by 2028, creating 140 million temporary and permanent jobs by 2030.