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Tourism & HospitalityGovernment of Uttarakhand

DestinationDevelopment

Contents

Tourism Scenario In India

Uttarakhand – Key Credentials

Uttarakhand Overview

Uttarakhand – Competitive Advantage

Project 1 - Development of Wellness Resort atMarchula

Project 2 – Development & Operation of Motel cumWayside Amenities

Project 3 – Operation & Maintenance of Auli Ski Resort

Project 4 – Operation, Maintenance and Managementof North Corbett Resort, Kotdwar

Project 5 – International Convention Centre & WellnessCentre

Policies, Schemes & Incentives

Key Contacts

TOURISM SCENARIOIN INDIA (1/2)

► 7th Largest Tourism Economy in the World.

► 9th Largest in cultural resources and business travel in the world

► Direct contribution of travel & tourism to GDP is forecasted to become USD194.7bn in FY2028

► Travel & Tourism investment expected to rise to USD 85.2bn in FY 2028

► 58.5% growth forecast in Foreign Tourist Arrivals on e-Tourist Visa

► Increase in Tourism employment opportunities by 2.1% pa in next ten years

ECONOMIC SCENARIO

Emerging Tourism segments in India

RuralTourism

AdventureTourism

MedicalTourism

FilmTourism

GreenTourism

Source: WTTC - TRAVEL & TOURISM ECONOMIC IMPACT 2018 INDIAwww.InvestIndia.gov.in

Growth Drivers of the Tourism industry

► Geographic and cultural diversity

► Rise in domestic household expenditure on tourism

► Improved Infrastructure

► E - Facilitation for Travel and Stay

► Government Initiatives - Medical visa or M visa, Visa – on – Arrival (VOA), Incredible Indiacampaign

Different Components of Travel & Tourism

12.80%

87.20%

Domestic vs. Foreign Visitor Spendingin 2017

Foreign visitorspending

Domestic Spending

94.60%

5.40%

Leisure vs. Business SpendingIn 2017

Leisure Spending Business Spending

Tourism Scenario in IndiaForeign tourist arrivals into the country is forecast to increase at a CAGR of 7.1per cent during 2005–27

Source: WTTC - TRAVEL & TOURISM ECONOMIC IMPACT 2018 INDIAwww.InvestIndia.gov.in

0

2

4

6

8

10

12

14

16

18

20

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2027

CAGR: 7.1%

TOURISM SCENARIOIN INDIA (2/2)

Years

Fore

ign

tour

ists

arriv

ing

inIn

dia

(Mill

ion)

Uttarakhand –Key Credentials

INDIAN AND FOREIGN TOURIST ARRIVALS

Figures In lakhs

105.4

345.8

0

50

100

150

200

250

300

350

400

Tourist Arrival in Uttarakhand - Indian

2001 2017

0.54

1.42

0

0.2

0.4

0.6

0.8

1

1.2

1.4

1.6

Total Arrival in uttarakhand - Foreign

2001 2017

DELHI

55 min

6 hr

4 hr(240 km)

Chinyalisaur

Pantnagar

Gauchar

Pithoragarh

Dehradun

CONNECTIVITY - UTTARAKHAND

UTTARAKHAND OVERVIEW

► The State of Uttarakhand was formed on 9th November 2000 as the 27th State of India, when

it was carved out of northern Uttar Pradesh

► The State is close to the National Capital Region (NCR) and has excellent connectivity with its

neighbouring states

► With levels of literacy rate* (78.80%) higher than the national average and the presence of

institutes of international repute, the State has abundant availability of quality human resources

► GSDP of the state stood at INR 2,17,609 Million with a growth rate of 11.23% (FY 2017-18)*

► The state offers a wide range of benefits in terms of interest incentives, financial assistance,

subsidies and concessions

► The Tertiary sector in the state contributes around 38.41% to the Gross State Domestic

Product (GSDP: 2016-17)**

Acknowledged for Ease of Doing Business & Peace of Doing Business…

01

Uttarakhand: The IdealInvestment Destination

02

03

04

05

10

06

08

07

09

Availability of Cheapand Reliable Power

Abundant Availability ofGood Water Resources

Transparent LandAllotment with Land

Availability atCompetitive Prices

Skilled Manpower Availability

World Class IntegratedIndustrial Estates

Good Law & Order; Statewith one of the lowest man-days lost due to industrialstrife in India

Sector Specific Policies providingfiscal & Non fiscal incentives

Proximity to NCR and withininfluence region of AKIC

Handholding ThroughInvestment Promotion &Facilitation Centre

Well performing state in ‘Easeof Doing Business’, with acompliance of 98.10%**

Sources: *Uttarakhand at a glance 2016, DES, GoUK** CSO & Directorate of Economics & Statistics, GoUK*** Evaluation of BRAP 2017 Reform Evidence, DIPP

Project 1. Development ofWellness Resort at Marchula

PROJECT AT A GLANCE

► The proposed project is a wellness resort that provides an extensive range of treatments with

world class amenities would be a suitable project.

► Offering a unique blend of traditional skills and practices passed on by generations with

modern high-end luxury, this project comes as a perennial choice for an enriching holiday

with benefits of Ayurveda, yoga and meditation. Offering a unique Ayurveda experience to its

guests from pan India and across the world, the retreat provides perfect location.

► The Ayurveda centre has trained doctors and therapists who provide the right treatments and

services whereas the Yoga centre is perfect for practicing various postures and breathing

exercises. This hotel also provides indoor and outdoor recreational activities.

► Marchula has serene environment with beautiful views will be the appropriate location for the

project.

► The proposed project is envisaged to be a wellness resort with top end services.

Project OutlineDevelopment of Wellness Resortat Marchula

Deluxe Room - 50 keysPremium Rooms30 KeysFamily Suite – 20 keys

Multipurpose Hall200 pax

Restaurants (includingkitchen & storage) – 30pax

Panchkarma, Naturopathy,Yoga and Mediation Halland Treatment Centre – 4Nos.

Yoga and Meditation Hall(2 Halls) – 75 pax

Gym / Spa / Steam /Sauna/ Jacuzzi

Pool with NaturalSurrounding– 1 No.

Fitness and Gaming Zone

PROJECT COMPONENTS

Land Available 36 Acres

Project TimelinesConcession period – 30 years (with scope of additionalconcession period of 30 Years)Construction Period – 36 Months

Total Project Cost(Indicative) INR 25.6 crore

Financial Assumptions (1/2)Development of Wellness Resortat Marchula

PROJECT COMPONENTS

Construction Cost Cost (INR crore)

Y-to-Y increase 2.0%

Construction Phasing Year 130%

Year 230%

Year 340%

Funding for Construction Expenses

Equity 40%

Debt 60%

Debt Repayment

Total Debt 15.34 INR crores

Debt repayment period 8 years

Rate of interest 10%

Moratorium period 3 years

Revenue

Room Tariff INR 4000 – 8000 INR/ day/ room

Occupancy assumptionOccupancy in1st Year40%

Y-to-Yincrease2%

Maximumoccupancy70%

Y-to-Y increase in revenue 5%

Conference revenue 10% of room revenue

Wellness treatment revenue 40% of room revenue

Revenue from F&B 40% of the room revenue

Cost of F&B 50% of the F&B revenue

Financial Assumptions (2/2)Development of Wellness Resortat Marchula

Cost of F&B 60% of F&B revenue

Operating Expenses

Operating expenses 40% of Total Revenue

Wellness treatment operation cost 30% of Wellness revenue

Other Cost 10% of Conference revenue

Maintenance cost 10 % of Total Revenue

Payment to Government

Annual Lease Rent for the Project 0.2 INR Crore

Y-to-Y increase 5%

Royalty 5%

Equity IRR 19.44%

Project IRR 16.65%

Total project cost and revenue (Indicative)

Land LayoutDevelopment of Wellness Resortat Marchula

Land layout of the proposed site

Video link of the proposed site

Project DetailsDevelopment of Wellness Resortat Marchula

► Marchula is a small tourist spot in the Ramnagar

town of Uttaranchal state, it is the central hub to

the Jim Corbett National Park

► The forest area of Marchula is covered in trees

of pine, sal and fir. The massive Himalayan

peaks can be witnessed easily from Marchula.

Marchula Falls in District Nainital

► Tourist Footfall in 2017 - District Nainital

9,10,323 (Domestic), 8329 (Foreign)

PROJECT SITE – MARCHULA

Nearby Tourist Destination

Sonanadi Wildlife SanctuaryJim Corbett National Park

Air

RoadRail

CONNECTIVITY TO THE PROJECT SITE

Nearest railway station:Ramnagar 36.8 KmPirumadara 45.5 Km

New Delhi - 333 KmHaridwar - 203 KmDehradun – 256 KmRishikesh - 223 KmMussoorie - 287 Km

Nearest Domestic AirportJolly Grant Airport, Dehradun, 244 KmNew Delhi – 307 Km

Latitude: 29.6058766, Longitude 79.0836696

Link to locate the proposed location on Google Map

Project - 2Development and Operation of Motelcum Wayside AmenitiesWayside Amenities

First-aid Restaurants

Parking lots Shopping area Souvenir shops

Rest rooms Telephone booths

Petrol pumps

Short stay

Repair shops

Key advantages

These complexes are planned to be located at frequent intervals across major roadways, providingbasic services and amenities, to ensure safe and convenient journey for long-distance travellers.

Wayside amenities are envisaged as complexes on National/State Highways and other districtroads, providing a variety of services.

► Would act as a support infrastructure to facilitate larger tourist segment moving across the

► road network, even for lesser known locations or destinations

► Expected to generate additional revenue for the government

► Potentially give an impetus to economic activities, including trade and employment

► Help reduce the incidence of accidents and improve road safety, by providing drivers (especially

truckers) a comfortable place to rest

Project OutlineDevelopment and Operation of Motelcum Wayside Amenities

Luxury Rooms 20 keys Multi cuisine Restaurant –1 Nos

Food Court45 tables

Kitchen and Storage

Open Parking for Bus andCars Garden Green Area

PROJECT COMPONENTS (INDICATIVE)

Proposed Land 2 Acre

Concession Period Concession period of 30 years (with scope of additionalconcession period of 30 Years)Construction Period : 2 years

Total Project Cost 9.1 crores

Other Amenities► Toilets► Rest Rooms for short stay► First aid► Minor Auto repair shop (optional)► Landscaping

Financial Assumptions (1/2)Development and Operation of Motelcum Wayside Amenities

PROJECT COMPONENTS

Construction phasing

No. of years of construction 2 Years

Year to year increase 3%

Construction Phasing Year 140%

Year 260%

Funding of construction expense

Equity 40%

Debt 60%

Debt repayment

Total Debt 5.4 INR Crore




Financial Assumptions (2/2)Development and Operation of Motelcum Wayside Amenities

Revenue

Occupancy Assumptions (Rooms) Occupancy in Year 130%

Y-to-Y increase2%

MaximumOccupancy70%

Occupancy Assumptions (Tables) Occupancy in Year 160%

Y-to-Y increase2%

MaximumOccupancy95%

Revenue from Room 2,000 INR/ Room

Revenue per Table 500 INR / Table


No. of Shops 15

Rent from Shops 20,000 INR / Month


Operating Expenses

Operating expense of motel 40% of Room revenue

F& B cost 50% of Restaurant Revenue

Operating cost of shops 10% of Shop revenue

Maintenance cost 20% of the Total revenue


Annual Lease Rent for the Project 0.2 INR Crores

Royalty 5%

Year to Year Increase in revenue 5%

Equity IRR 18.82%

Project IRR 16.59%

Project DetailsDevelopment and Operation of Motelcum Wayside Amenities

► Udham Singh Nagar district was carved out of

Nainital district

► The district is also called as the 'Gateway to

Kumaon hills'.

► The prosperous district is endowed with a very

fertile land.

► Tourist Footfall in 2017 - 484339 (Domestic)

(District Rudrapur

PROJECT SITE – UDHAM SINGH NAGAR


KashipurRudrapur

Air

RoadRail


Nearest railway station:Kichha, Pantnagar New Delhi - 309Km

Haridwar - 220 KmDehradun – 273 KmRishikesh - 240 KmMussoorie - 304 Km

Nearest Domestic AirportJolly Grant Airport, Dehradun, 89 KmNew Delhi – 321 KmPant Nagar (305 Km)(will be operational shortly)

Latitude: 28.9610° N, Longitude 79.5154° E


Project 3Operation & Maintenance of AuliSki resort

The project site provides immense opportunities for adventure sports like skiing and thrilling water

sports which make Uttarakhand an ideal venue for adventure seekers which makes Auli as perfect

location for the Ski resort.

The large slopes of Garhwal and Kumaon covered with seasonal snow becomes an ideal place for

skiing in the winter months. With their wide open spaces above the snowline, Garhwal and Kumaon

offer yet another exciting possibility - ski touring amongst the glaciers. For the avid skier, cross-

country runs of 10-20 km are now available, with the added advantage of fresh powder snow, away

from criss-crossing streams of skiers that overtake the slopes of the European Alps. Because of their

height and spread, Garhwal and Kumaon, like other sectors of the Himalayas, are in position to offer

the thrills of exploratory long distance skiing round the year.

Government of Uttarakhand proposes to open the investment opportunity for the Operation,

Maintenance and Transfer Auli Ski resort.

Auli Ski ResortSuper Deluxe Rooms – 3 Nos.Deluxe Rooms – 23 Nos.Semi-Deluxe Rooms – 8 Nos.Economy Rooms – 10 Nos.Eco Hut – 8 hutsDormitory – 12 Bed

Bar Room – 01Games Room - 01

Restaurant – 02 Nos.

Nandadevi EcoHutsSuper Deluxe4 Nos.Family Hut4 Nos.

Ski Shop

Project OutlineOperation & Maintenance of Auli Ski Resort

PROJECT COMPONENTS

Proposed Land 3.19 Acres

Project Timelines Concession period – 30 years (with scope of additionalconcession period of 30 Years)

AVAILABLE INFRASTRUCTURE AT PROJECT SITE

Snow beater-02 Huski Snow groomer Everest Prenoth GroomingMachine

Ski Doo Snow Scooter - 02Chairlift – 800 m length, 16chairs (4 seats each chair),Tower-5

POMA Ski LiftLength: 600 m

Lift on ropeway tower No. 08& 10 Glass House – 9 Small, 1 Big

Financial Assumptions (1/2)Operation & Maintenance of Auli Ski resort

No of months of operation 7 Months

Number of days in an year 365 Days

Revenue

Revenue from rooms(Family hut, Super, Deluxe, Semi DeluxeRooms)

3,000 – 5,000 INR/ Day/ Room

Revenue from rooms(Economy) 1,500 – 2,500 INR / Day / Room

Eco Huts 2,000 – 3,000 INR / Day / Room

Dormitory 200 INR/ Day/ Bed


Occupancy AssumptionsOccupancy in1st Year40%

Y-to-Y increase2%

Maximumoccupancy70%

Other rental revenue

Rent from Shop (3 Nos.) 10000 INR / Shop / Month


Skiing Revenue 500 INR / Person


Annual Tourist Footfall 1 Lakh

Tourist using Skiing facilityOccupancy in 1stYear30%

Y-to-Yincrease2%

Maximumoccupancy60%

Revenue from F&B 50% of the room revenue

Cost of F&B 60% of the room revenue

Operating Expenses

Operating expenses 40% of Total Revenue

Skiing cost 40% of Skiing Revenue

Other cost 20% of Rent from shop

Repair and maintenance 10% of construction cost

Construction cost 11.3 INR Crore

Financial Assumptions (2/2)Operation & Maintenance of Ski Resort at Auli


Annual lease rent 0.4 crore


Royalty 5% of the Total revenue

Equity IRR 18.44%

Project IRR 18.44%

It is assumed that no Debt has been taken by the investor in this project, resulting into same Equityand Project IRR

Goo

gle

Map

ofAu

li

Latitude: 30.9494° N, Longitude 77.7478° E


Project DetailsOperation & Maintenance of Auli Ski Resort

► Auli is the only FIS (Federation of International Skiing) approved slopes in India► The project location is 3050 m above sea level, Near the holy pilgrimage destination of

Badrinath. Auli Hosted the first South Asian Winter Games in 2011► Existing world-class infrastructure in the form of artificial snow making system, ski lifts,

chair lifts, ice rinks; presents a lucrative business opportunity for the investors► The entire 4 Km of slopes and the adjoining areas to be developed into a world class Ski

Resort & a Summer Vacation Destination due to its cool weather even during peaksummers

► Tourist Footfall in 2017 – 85134, This destination has seen 50% increase in tourist footfallover FY 2016.

PROJECT SITE – AULI


Badrinath

Air

RoadRail


Nearest railway station:Haridwar 273 km Delhi : 336km

Dehradun : 99 kmRishikesh – 45 kmHaridwar – 93

Nearest Domestic AirportJolly Grant Airport, Dehradun, 279 Km

Joshimath Chattrakund

Kwani Bugyal Chenab Lake

Project - 4Operation, Maintenance andManagement of North Corbett Resort

PROJECT AT A GLANCE

► To promote Kotdwar as an entry point to Jim Corbett National Park.

► Providing new interest among the tourists, thereby holding visitors in the region for longerduration resulting increase of revenue.

► Enhanced quality of natural and cultural tourist attractions

► Livelihood opportunities at local community level

► Strengthen capacity building of concerned sector agencies and local communities for planning,development, Management and marketing of tourist destinations and attractions.

OBJECTIVE OF THE PROJECT

► Operate, maintain and manage the project and related services including procurement of theassociated material, equipment, articles and necessary inventories from the reputed vendors /manufacturers.

► Recruitment, management and training of staff required for operation of the project as perNational / International standards of the industry.

► Revenue Collection – Selected operator is free to fix and revise Room tariff.

► Management of the entire facilities and related services

► Avoid unauthorized usage of project infrastructure

► Timely payment of License Fee and Royalty

► Facility Management Housekeeping - Full range of cleaning/housekeeping activities, Kitchenand restaurant, Food and beverages service, Minor maintenance service, Provision ofadequate supplies of linen and toiletries and other consumables, Operation of facilitiesinclusive of the business centre, customer service centre

SCOPE OF THE PROJECT

► The proposed opportunity is for the Operation, Maintenance and Management of North CorbettResort, Kotdwar, Uttarakhand

► The proposed property is developed as a state of the art North Corbett Resort on 11 acre landalong with visitor facilitation /information and an interpretation centre.

► Landscaping & Garden Maintenance - Landscaping and maintenance of garden/green areasincluding cleaning and sweeping, removal of weeds, application of soil, manure and chemicalfertilizers, cutting of hedges, shrubs, trees, moving of lawn mower, daily watering to totalgarden etc.

► Customer Service Help Desk

► Tour Booking Information, Hotel Booking Information, Promotion of North Entry CorbettResort as an alternative entry point to Corbett National park, Tourism Destination relatedqueries & information, All the information related to Uttarakhand Tourism

► Revenue Generation – Parking, Levy of Tariffs for Accommodation, Revenue from leasing ofCafeteria/kiosks, Revenue from Tour Operations, Conferences, Events & Exhibitions,Branding

► Environmental Management

► Brand Building and Marketing

Project DetailsOperation, Maintenance andManagement of North Corbett Resort

Map of KotdwarLatitude: 29.7524° N, Longitude 78.5269°

ELink to locate the proposed location on Google Map

Project OutlineOperation, Maintenance and Management ofNorth Corbett Resort

Luxury Rooms 9 NoCottages 16 No.

Conference hall200 capacity

Food Court200 capacity

Visitor facilitation/Information centreand an Interpretationcentre

Children Park &Parking and Utilities Artificial Climbing Wall

Musical & DancingFountain

Souvenir Shop (1No.)

AVAILABLE PROJECT COMPONENTS

Proposed Land 11 Acre

Concession Period 30 years (with scope of additional concession period of 30years)

Financial Assumptions (1/2)Operation, Maintenance and Management ofNorth Corbett Resort

Stay Area

Deluxe Room 9 Rooms

Premium Room 16 Rooms

Occupancy AssumptionsOccupancy in 1stYear30%

Y-to-Y increase2%

Maximum occupancy60%

Room tariff INR 3000 – 5000 INR/ day/ room


Other rental revenue

Rents from shops 15000 INR/ shop/ month Year to year increase inrevenue 3%

Total Annual Capacity ofArtificial Climbing wall 18250

Artificial Climbing wall 500 INR / person Year to year increase inrevenue 3%

Tourist using the ArtificialClimbing wall

Occupancy in1st Year30%

Y-to-Yincrease2%

Maximum occupancy50%

Revenue from F&B 40 % of room revenue

Cost of F&B 60% of F&B revenue

FINANCIAL COMPONENTS

Financial Assumptions (2/2)Operation, Maintenance and Management ofNorth Corbett Resort

Operating expenses

Operating Expense 40.0% of Total revenue

Artificial Wall climbing- Operation expenses 40.0% of Artificial Wall revenue

Maintenance Expense 8.0% Construction Cost

Construction cost of property 11.97 crores


Annual Lease Rent for the Project 0.15 Crores

Y-to-Y increase 5%

Royalty 5%

Royalty Start Year 1st Year

Equity IRR 18.74%

Project IRR 18.74%

It is assumed that no Debt has been taken by the investor in this project, resulting into same Equityand Project IRR


Project InformationOperation, Maintenance and Management ofNorth Corbett Resort

► Kotdwar or Kotdwara is a small, busy and beautiful town in the Pauri Garhwal District ofUttarakhand India► Tourist Arrivals (2015) in Pauri Garwal district - 3,95,882 (National), 21,162 (Foreign)► It is an upcoming centre of trade and commerce in Uttarakhand. It was also known as the'Gateway to the hills'.► Kotdwara is well - connected by bus and rail and can also be the starting point of the Char DhamYatra.

►

PROJECT SITE – KOTDWAR

NEARBY TOURIST DESTINATION

Jim Corbett National Park

Air

Road

Rail


Nearest railway station:Kotdwar Junction Delhi : 248 km

Dehradun : 120 kmRishikesh – 85 kmHaridwar – 65 km

Nearest Domestic AirportJolly Grant Airport, Dehradun, 105 Km

Lansdowne

Kanvashram –Birthplace of Bharat

Siddhbali Temple

Durgadevi Temple

Project 5Development of InternationalConvention Centre & Wellness Centre

► Government of Uttarakhand has proposed an investment to develop state of the art, world

class International Convention centre and Wellness Centre in Rishikesh on PPP Mode.

► The state has total area of 800 Acres (IDPL Factory Complex) land available at Virbhadra

Area, Rishikesh for this project.

► The project has been divided into two parts

► Part 1 - International Convention Centre – Proposed Land (11 Acre)

► Part 2 - International Wellness Centre – Proposed Land (150 Acres)

PROJECT AT A GLANCE

Source: Uttarakhand Tourism Development Board

Ø World - Class Convention CentreØ AYUSH and Wellness Centres Hyderabad International Convention Centre

LOCATION - RISHIKESH

NEARBY TOURIST DESTINATION


Air

Road

RailNearest railway station:Rishikesh

Delhi – 263.2 km, Dehradun -45 kmHaridwar – 19 km

Nearest Domestic AirportJolly Grant Airport, 37 km

Project LocationDevelopment of InternationalConvention Centre & Wellness Centre

Chamba Dhanaulti

► Rishikesh is popularly known as Yoga Capital of the World► The proposed location is surrounded by hills and bisected by the wide and sluggish Ganges. It

is an excellent place to meditate and study yoga.► The adventure activities such as trekking, wellness and water activities form a backbone to

drive the tourism activities in Rishikesh► Tourist Arrivals (2017) – 673226 (Domestic), 4815 (Foreign)

ConnectivityDevelopment of InternationalConvention Centre & Wellness Centre

Commercial Exploration of Rishikesh


Latitude : 30.087160, Longitude : 78.268112

MICE TOURISM

MICE (Meetings, Incentives, Conferences and Exhibitions) is an acronym used in relation of typeof tourism which includes business events and activities. It is the fastest growing segment intourism market. The convention industry provides immense benefits to the broader economy asit generates on an average a higher spending level, creates jobs and retains work forces,attracts global expertise, promotes investment trade, communication, technology.

MICE tourism is a service industry which brings under one roof a host of products and services.As an essential pre-requisite, a destination willing to promote itself as a MICE Tourism shouldhave the following issues addressed as depicted in the diagram below.

Source: India Inbound MICE Tourism, May 2016, FICCI

Part 1 - Development ofInternational Convention Centre

Part 1 - Development ofInternational Convention Centre

Convention Hall Auditorium

Meeting Halls Hotel – 150 RoomKeys

Reception, Foyerand Circulation

Dining Hall andKitchen

AdministrationArea

Open andLandscaped Area

PROJECT COMPONENTS OF CONVENTION CENTRE

► The State of Uttarakhand is well positioned as a tourist destination and is desirous of pioneering

in the high value tourism market segment of Meetings Incentives, Conventions and Exhibitions

(MICE)

► With the help of technology and cutting edge design, proposed Rishikesh International

Convention centre (RICC) is proposed to be an integrated complex with a host of

complementary facilities such as multi-purpose convention centre, meeting facilities, auditorium,

at site 5 star hotel and complementary retail and commercial spaces

Financial AssumptionsDevelopment of International ConventionCentre

Particulars Units (INR Crore)

Total Project Cost 122

Contingencies 1.2

Consultancy/ Technical Studies 6.7

Preliminary and pre-operative expenses 13.6

Interest during construction 16.8

Total construction cost 160

Proposed Land 11 Acres

Project Timelines

Concession period – 30 years (with scope of additionalconcession period of 30 Years)

Construction Period – 36 Months

Total Project Cost (Indicative) INR 122 crore


Part 2 - Development ofInternational Wellness Centre

WELLNESS TOURISM

Wellness tourism represents the intersection of a powerful lifestyle trend and a growing

global industry.

► Wellness industry projected to touch ₹150,000 crore by FY20*

► Wellness tourists are high-yield tourists who bring greater economic impacts.

► Wellness tourism can support preservation of traditional culture and natural assets, and canstimulate entrepreneurship.

► Wellness tourism brings in revenues, creates jobs, and may help improve the well-being of thegeneral population.

Wellness Travelers visit for ...

Source: The Global Tourism Economy report , FICCI wellness Industry report

Why Is Wellness Important To People, Business, & Government?

Worldwide obesity has nearlydoubled since 1980.

Almost10%oftheworld’sadultpopulation has diabetes.

Chronic disease is responsiblefor 60% of deaths.

over half the global businesspopulationhasexperienced anappreciable rise in workplacestress in recent years.

From 2000 to 2050, theproportion of the world’spopulation over 60 yearswill double.

Source: WHO

PhysicalIntegrativemedicine

DiagnosticsHealth check-upsChronic condition

mgmt.

MentalMassageBathing

Bodytreatments

YogaMeditation

SocialGym visits

Fitnessclasses

StretchingPilates

SpiritualPrayer

VolunteeringTime alone

Environmental

HikingBiking

Taking walksNature visits

EmotionalRetreats

Life coachingStress

reduction

Project OutlineDevelopment of InternationalWellness Centre

► An integrated wellness centre is proposed to be developed on 150 Acre land in Rishikesh This

Centre will cater to larger society of nearby districts.

► The proposed opportunity is to Develop world class wellness centre with all amenities on PPP

Model.

► This hospital will cater the society in all types of AYUSH treatments and other treatments. This

property will be one of its kind facility with world class hospitality facility.

Picture courtesy - Anandaspa, Rishikesh

Yoga, Ayurveda andNaturopathy Centre

Physiotherapy,Wellness/ TreatmentCentre andGymnasium

Operation Theatre Nursery of Medicinaland Aromatic Plants

Organic Food Facility

Agriculture,Horticulture,Floriculture andOrganic FarmingZone

Pathology Lab Swimming pool

Project OverviewDevelopment of International Wellness Centre

PROJECT COMPONENTS

Proposed Land 150 Acres

Concession Period 30 years (with scope of additional concessionperiod of 30 Years)Construction Period : 3 years

Total Project Cost 59.7 Crore

Room Category & No. of Rooms (Indicative)

Deluxe Double Bed 25 Rooms Cottage Suites 10 RoomsDeluxe Hut 20 Rooms Executive Single Room 20 RoomsDeluxe Nest 5 Rooms Executive Double Room 35 RoomsHut Suites 15 Rooms Economy Single Room 20 RoomsNest Suites 5 Rooms Economy Double Room 40 Rooms

Dormitory – 2 Nos. 15 beds

Financial Assumptions (1/2)Development of International Wellness Centre


Construction Cost

Construction phasing Year 130%

Year 230%

Year 340%

No. of years of construction 3 Years


Funding of construction expense

Equity 40%

Debt 60%

Total Debt INR 35.8 crores




Revenue

Occupancy Assumptions (Rooms)Occupancy in1st Yr40%

Y-to-Y increase3%

Maximumoccupancy80%

Suites and Deluxe Rooms* 4,500 – 8,000 INR / Day / Room

Cottages, Executive and Economy Rooms* 22000 – 3,500 INR / Day / Room

Economy Single Room and Dormitory* 500 – 1,000 INR / Day / Room

Year to year increase in revenue 5%

*Room Tariff includes the food charges for the patient

Financial Assumptions (2/2)Development of International Wellness Centre


Other rental Revenue Cost (INR crore)

Revenue from Stores 15% of the Room revenue

Wellness Treatment Revenue 30% of the Room revenue

Revenue of the F&B 10% of the Room revenue

Cost of F&B 70 % of the F&B revenue

Operating Expenses

Operating expense 40.0% of Room revenue

Shop cost 85% of shop revenue

Treatment cost 50% of treatment revenue

Maintenance exp 10% of Total revenue


Annual lease rent 1 Crore

Y-to-Y increase 5%

Royalty 5% of the Total Revenue

Equity IRR 18.90%

Project IRR 16.20%

Uttarakhand | Ease of Doing Business

Hassle free setup and operations in the state

Use of modern supervisory control anddata acquisition system to ensurereliable supply of electricity

Online Single Window System for allrequired approvals for setting upbusiness

Single Point Sectoral Clearances

Commercial Court set up in Dehradunwith entire state jurisdiction

Self / Third party certification inlieu of departmental inspections

Auto renewal of Consent toEstablish, Consent to Operate

Investment facilitation centre tohandhold investors

Geographic information system ofall land banks

Single Integrated return for alllabour laws

Objective Criteria for landallotment

I

Assured & Timely disposal of applications along with Deemed approvals

Step01

Step02

Step03

In-Principle Approval:Decisions on Project Proposals within 15 days

Pre-Establishment:Approvals for pre-establishment services within 15 days

Pre-Operations:Approvals for pre-Operations services within 30days

200+ Investor Services covered under the Uttarakhand Single Window Facilitation and Clearance Act, 2012 &the Uttarakhand Right to Services Act, 2011

POLICIES, SCHEMES& INCENTIVES (1/4)

Central Capital Investment Incentive for access to credit (CCIIAC) @30% of the investment in plant and machinery with an upper limit of INR5.00 crore

CentralCapital

Investment

Reimbursement of 100% insurance premium on insurance of buildingand Plant & Machinery for a maximum period of 5 years from the date ofcommencement of commercial production/ operation

CentralComprehensiv

e InsuranceIncentive

Note: Units which have commenced production on or after 01st of April, 2017 will be allowed toregister with DIPP on or before 30th of September, 2018

Industrial Development Scheme 2017

MSME Policy 2015

Category Included Region

Category AWhole Districts of Pithoragrah, Uttarkashi, Chamoli, Champawat,Rudraprayag and Bageshwar

Category B

► Whole District of Almora► All hilly development blocks of District Pauri Garhwal, Tehri

Garhwal (Excluding regions under category B+)► All hilly development blocks of District Nainital and Dehradun

(Excluding regions under category B+)

Category B+

► Kotdwar, Sigaddi and adjoining plain regions of Dugaddadevelopment block of district Pauri Garhwal

► Dhalwala, Muni Ki Reti, Tapovan and adjoining plain regions ofFakot development block of District Tehri Garhwal

► Kotabagh development block of District Nainital► Plain regions of Kalsi development block of District Dehradun

Category C

► Regions located above 650 mtrs from sea level in Raipur,Sahaspur, Vikasnagar and Doiwala development blocks of DistrictDehradun

► Ramnagar and Haldwani development blocks of District Nainital

Category D► Whole Districts of Haridwar and UdhamSingh Nagar► Remaining area of District Dehradun and Nainital (which are not

included in category ‘B’, ‘B+’ and ‘C’)

Categorization of industries for the purpose of quantum of incentives

► Tourism Sector has been accorded Industry Status► Tourism Units are eligible for electricity tariff on industrial rate


Inte

rest

Subs

idy

*Per year/ unit

Category A:10%(Max 8 lacs)

Category B, B+:8% (Max 6 lacs)

Category C:6% (Max 4 lacs)

Category D:5% (Max 3 lacs)

Category A:40%(Max 40 lacs)

Category B, B+:35% (Max 35 lacs)

Category C: 30% (Max30 lacs)

Category D: 15% (Max15 lacs)

Cap

italS

ubsi

dy

% of Annual Turnover (Peryear/ unit) or Inbound/

Outbound Logistics Costwhichever is less

Category A: 7%Category B: 5%Category B+: 5% (Max 5lacs)Tr

ansp

ortS

ubsi

dy

Stam

pD

uty

Category A, B, B+, C: 100%

Category D: 50%

Category A:100% for the first 5 yrs

and 90% thereafter

Category B, B+:100% for the first 5 yrs

and 75% thereafter

SGST

Con

cess

ion*

Pow

erB

illR

ebat

e Category A:Sanctioned Load upto 100KVA: 100% for 5 yrs and

75% thereafter; If Load>100KVA: 60%

Category B, B+:Sanctioned Load upto 100KVA: 100% for 5 yrs and

60% thereafter; If Load>100KVA: 50%

*The SGST after adjustment of ITC on sale of finished product (B2C) will be reimbursed from the date of commencement of production ofthe unit

Inte

rnet

Cha

rges

50% Reimbursement oninternet usage charges

for all categories

Category A, B:100% exemption on

Mandi charges

Man

diC

harg

es

Exci

seD

uty Category A, B:

75% reimbursement onState Excise Duty,

Additional Excise Duty,Bottling fees and othercharges as under State

Excise Policy

Reimbursement of cost incurred for carrying out standardization and quality certification of products by accreditedinstitutions at national and international level by means of ISI marking, registration of copyright, trade marking etc. - 75%(maximum Rs. 1 lacs)

MSME Policy 2015


Mega Industrial and Investment Policy 2015

Major Tourism activities are included in the policy

SGST after adjustment of ITC on sale of finished product (B2C) will be reimbursed

Category Units Included

Large Projects Investments of INR 50 Cr.to 75 Cr.

Mega Projects Investments of INR 75 Cr.to 200 Cr.

Ultra Mega Projects Investments above INR 200 Cr.

Categorization of industries for the purpose of quantum of incentives

Inte

rest

Subs

idy

7% for 5 yearsInvestment – InterestLarge – 25L MaxMega – 35L MaxUltra Mega – 50L Max

Large: 30%Mega / Ultra Mega: 50%SG

STC

once

ssio

n*

Stam

pD

uty

50% Exemption

Coverage:New & Existing Projects undergoing expansion (falling within notified Industrial Estates /declared non-agriculture land under section 143: Large projects (50 Cr to 75 Cr), Mega Projects(75 Cr to 200 Cr), Ultra Mega Projects (Above 200 Cr)

*The SGST after adjustment of ITC on sale of finished product (B2C) will be reimbursed from the date of commencement of production ofthe unit

ETP Subsidy

30% (up to 50 lacs)

Extra EmploymentSubsidy

@ 500 P.M. perMale

@700 P.M. perFemale

Land RegistrationFees

Landregistration fee@1/- per 1000/-

Power Assistance

Rebate of 1/- perunit on the

power bill and100% rebate onelectric duty for

7 years

Land RatesRebate

Rebate of 15%,25% and 30% on

SIIDCULprevailing landrate for Large,Mega and UltraMega Projectsrespectively

Detailed policies are available at https://www.doiuk.org/policies.php


Key Contacts

Uttarakhand Tourism Development Board

Investment Facilitation Centre

Address Directorate of IndustriesIndustrial Area, Patel Nagar, Dehradun, Uttarakhand

Website www.investuttarakhand.com

Email ID [email protected]

Toll Free 18002701213

Phone +91-135- 2559898, 2559987

Address Pt. Deendayal Upadhaya Paryatan Bhawan, Near ONGC Helipad,Garhi Cantt, Dehradun

Website www.uttarakhandtourism.gov.in

Email ID [email protected]

Phone +91-135- 2559898, 2559987

Declaimer: This project profile is based on preliminary study to facilitate prospective entrepreneurs toassess a prima facie scope. It is, however, advisable to get a detailed feasibility study prepared beforetaking a final investment decision

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