For decades, the town of Ayodhya did not see much business activity. However, in the last three years, the government's initiatives and its openness to inviting private sector investments have transformed Ayodhya. While the Ram Mandir may have been a major turning point, it's the government's welcoming approach to private investments that has made the real difference.
Building the basics
A key factor in Ayodhya's recent development has been the large investments in its infrastructure to improve connectivity especially roads, rail and airport. Well-known companies from various sectors have recognized the city's potential and are channelling resources into improving roads, railways, hospitality and other essential services. These improvements are laying the groundwork for Ayodhya to grow as a hub for business and tourism.
Temple Tourism
Ayodhya's transformation, like other temple towns, is largely driven by its cultural significance, attracting millions of pilgrims annually. This increase in tourism boosts the local economy. Tourists and other visitors contribute significantly to travel and lodging expenses, benefiting the local economy. Temple tourism, growing at about 16% each year, creates jobs and generates billions, making it a key factor in Ayodhya's economic growth.
Government programs
Diese Geschichte stammt aus der September 29, 2024-Ausgabe von The Free Press Journal.
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