Harley Davidson is on a celebratory mode as they advance towards their 110th anniversary. They produce heavyweight custom, cruiser and touring motorcycles and offer a complete line of Harley-Davidson motorcycle parts, accessories, riding gear and apparel, and general merchandise.
New Delhi, April 12: With merely 18 months left for the 2010 Delhi Commonwealth Games, India needs to allow 100 percent foreign investment in tourism infrastructure projects to boost tourism, says an industry lobby.
According to the Federation of Indian Chambers of Commerce and Industry (FICCI), 100 percent foreign investment in developing tourism infrastructure in India will give a major boost to this sector.
Delhi alone needs 30,000 rooms to cope up for the 2010 Games.
FICCI said the need of the hour was to "invest in the tourism infrastructure, identify hotel sites to be given on long-term leasehold basis, and develop guidelines to ease land prices so that more hotel rooms are available in India, especially in the budget category".
Thiruvananthapuram, April 7 -- Mahindra Holidays and Resorts India, part of the Mahindra Group, is planning major expansion in Kerala, including developing a brand new resort in Wayanad district and increasing the number of its home stays to 150 by the year-end, a top official said.
Declining to reveal the investment details of the resort project in Wayanad in northern Kerala, Mahindra Holidays managing director Ramesh Ramnathan told IANS on phone from Chennai that the project was still on the drawing board.
The company will also develop 50 cottages at their backwater retreat resort in Kollam, which was taken over from a private party 18 months back.
"The Kollam property right now has 23 cottages and we plan to invest Rs.30 crore as part of our expansion and it would be completed later this year," Ramnathan said.
Washington, April 3 -- US lawmakers Thursday approved a $3.5-trillion budget outline for 2010 that closely mirrors President Barack Obama's priorities for the country.
The vote in the House of Representatives was 233-196, largely along party lines, and came after weeks of polarising debate that exposed deep differences between majority Democrats and opposition Republicans over how to resuscitate the US economy.
The Senate voted 55 to 43 on a slightly different version of the 2010 budget proposal, which will require lawmakers from both chambers to forge a compromise in the coming weeks.
Senate majority leader Harry Reid said that the "responsible" budget "will start cleaning up the mistakes of the past and make critical investments in our future".
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