Tourism and Investment Opportunities in Andhra Pradesh
Explore the abundant tourism potential and favorable investment climate in Andhra Pradesh, with a focus on the state's proactive policies, incentives for investors, and top ranking in Ease of Doing Business. The Andhra Pradesh Tourism Policy 2020-2025 offers attractive terms for land allotment and support for project development. Eligible projects can benefit from industry status, SGST reimbursement, power cost subsidy, and other incentives. The state's Business Reform Action Plan emphasizes ease of doing business through streamlined processes and transparency, consistently ranking Andhra Pradesh as a top performer in business regulation. Discover why Andhra Pradesh is a prime destination for tourism and investment.
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ANDHRA PRADESH WHERE, ABUNDANCE MEETS PROSPERITY POLICY BENCHMARKING AND EASE OF DOING BUSINESS Tourism Andhra Pradesh
Reasons To Invest In Andhra Pradesh Tourism The State receives footfall all round the year and from several kinds of tourists leisure, religious, business, social etc. The Government of AP considers Tourism as a priority sector and is taking all the steps to promote holistic development Robust Demand Priority sector Andhra Pradesh is consistently ranked as the best state in Ease of Doing Business Ease of doing business Attractive Incentives provides development of tourism projects in the State and accord Industry status to Mega Tourism Projects The Tourism Policy of AP attractive incentives Best ever Land allotment terms for The policy provides for best-in-class terms for allotment of land to investors
Andhra Pradesh Tourism Policy 2020-25 The policy provides for best-in-class terms for allotment of land to investors Direct allotment suo-moto proposals 1 Allotment through bidding(PPP) 2 3 Free hold allotment Encumbrance free land available at all the prominent, marquee and exclusive locations in the state. Facilitation for all the required approvals and licenses through single desk. Long lease tenure and option for deferment of annual lease during construction period Up to 90 Years + 4 years for construction Marketing and promotion support through channels of AP Tourism
AP Tourism policy Incentives for Eligible Projects Industry status. Net SGST reimbursement Mega Tourism Projects/5 Star and above shall be accorded Industry status. Reimbursement of 100% of net SGST accrued to state for all new units for a period of 5 years from COD or up to realization of 100% fixed capital investment, whichever is earlier. Land conversion charge waiver 100% Waiver of Land Use Conversion charge for all new Tourism Units. Power cost subsidy Stamp/transfer Duty reimbursement Reimbursement of 100% of stamp duty and transfer duty paid by all new units for purchase/lease of land Fixed Cost Power Reimbursement at Rs.2.00 per unit for a period of 5 years from COD for all new Tourism Projects.
EoDB-Business Reform Action Plan (BRAP) | Overview Launched in 2014, the programme is an independent objective assessment of business regulation across Indian States which covers an end-to-end lifecycle of a business Action Plans Ease of Doing Business Joint initiative Department for Promotion of Industries & Internal Trade (DPIIT), GOI and The World Bank for enabling a conducive business environment BRAP 2022 BRAP 2020 - 2021 BRAP 2019 - 20 RANKED No. 1 RANKED No. 1 On-going 187 reform action points 301 reform action points 352 reform action points Focus Reforms covering the entire lifecycle of business including Simplifying processes, Development of online systems, Enhancing transparency & Regulating inspections 12 reform areas 24 reform areas 30 reform areas 100% weightage to perception survey for all 187 reform areas 100% weightage to perception 100% weightage to perception Includes Citizen- centric reforms for first time Listed in Top three from the past 5 Consecutive assessments out of which it Ranked No.1 in EODB last 3 years.
Andhra Pradesh Single Desk Portal Common platform to avail all required registrations & approvals to start a business Over 80,918 applications processed since inception | 99.07% SLA compliance in FY 2021-22 Tourism Services covered: Registration of Hotels || Travel Agency || Performance License (Tourism Events) Notified under the Andhra Pradesh Public Service Delivery Guarantee (APPSDG) Act 2017 Average time to grant tourism related approvals is reduced to 7 days, as against 15 days notified Standard Operating Procedures for all services uploaded in public domain Online Payments Supporting Documents Issuance of approvals Licenses, NOCs are issued online Payments are made online through Debit / Net Banking Upload supporting documents Status Tracking Final Certificate Third Party Verification Track status of application at various stages View and download final signed certificate online Track status of application at various stages
Impact of New Tourism Policy 2020-25 & EoDB After the formulation of AP Tourism policy 20-25, many investors have shown interest and have come forward to develop Tourism Projects in the state. A total number of 133 Memoranda of Understanding (MoU s) were signed in the Tourism & Hospitality sector at AP Global Investors Summit a worth of Rs. 22,415 Crores. Possible Employment generation of 44,108 in the Tourism & Hospitality sector in the State of Andhra Pradesh. Andhra Pradesh Tourism has entered MoU with Famed Indian Brands having global presence, whose investment in Tourism & Hospitality Sector is more than Rs.7600 Crores. Few to mention: Oberoi, IHCL, Novotel, Haytt Hotels, MayFair Hotels and so on 7
Theme wise MOUs received in Tourism Sector Investment Proposed(in %) Theme-wise investment value in Crores Theme Hospitality 11167 Rural Tourism 0.05 Leisure Tourism 2794 Medical Tourism 0.46 Adventure Tourism 2580 Tourism Infrastructure 2376 Eco Tourism 2.07 Destination Development 1900 MICE Tourism Destination Development Tourism Infrastructure 2.55 MICE Tourism 560 Eco Tourism 454 8.66 Medical Tourism 100 10.83 Rural Tourism 10 Adventure Tourism 11.76 0 4000 8000 12000 Leisure Tourism 12.73 Hospitality 50.90 8 Total 100%
