Budget 2025: Travel and Tourism Sector Seeks Innovation and Sustainability | India Business News

The excitement and anticipation around the upcoming budget 2025 has just reached another level as the day to the big announcement is drawing closer. With the big day approaching experts and leaders from the travel and tourism industry have shared their key expectations from the union budget 2025.
Rahul Nain, Director of Business Operations at Luxorides mentioned, “We are optimistic about policies that drive innovation and sustainability in the automobile sector. Known for redefining luxury travel with an unparalleled blend of elegance, comfort, and professionalism, Luxorides sees a budget focused on incentives for electric vehicles and green technologies as a transformative opportunity. By embracing cutting-edge technology and prioritizing environmental responsibility, the brand aims to align opulence with eco-conscious practices. This aligns with Luxorides’ commitment to sustainability, demonstrated by its eco-friendly fleet.”
Further, development is what everyone is looking forward to. And when they say development, the industry leaders mean development in infrastructure. “As we approach the upcoming budget announcement, the travel and hospitality sector holds high hopes for transformative measures that will enhance its growth and resilience. With tourism being a significant contributor to the Indian economy, it is essential to allocate a substantial budget towards travel and tourism development. This includes building better infrastructure such as modern airports, improved roads, and efficient public transport systems to ensure seamless travel experiences for both domestic and international tourists,” said Gautam Munjal, founder and CEO of Minimalist Hotels.
He continued, “Sustainability must remain at the forefront of these initiatives. Introducing incentives for eco-friendly hospitality practices, supporting renewable energy adoption, and establishing guidelines for sustainable tourism can pave the way for long-term growth while protecting India’s natural and cultural treasures.”
“Moreover, educating travelers about responsible tourism and environmental conservation should be a priority. Campaigns promoting eco-conscious behavior and training programs for industry professionals can help create an environmentally aware travel ecosystem,” concluded Mr. Munjal
Last but not least, Chirag Agarwal, Co-founder & COO, TravClan told us, “The government should strategically invest in technological advancements across the entire tourism ecosystem. This includes exploring innovative solutions for enhancing travel experiences beyond airports, such as streamlining visa processes, developing user-friendly digital platforms for booking and information, and leveraging technology to improve safety and security for both tourists and locals.”
“This year’s budget is an opportunity to view tourism as a long-term investment with transformative potential. Tourism is one of the largest job creators, capable of generating millions of opportunities across sectors like hospitality, transportation, and technology, while also making a significant contribution to India’s GDP,” he quoted.



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