Maha Kumbh to generate a whopping Rs 10,000 Crore in revenue

The Maharastra government is expected to get richer by around Rs 10,000 Crores in July because of this year’s Kumbh Mela Associated Chambers of Commerce and Industry of India (ASSOCHAM) said in a research paper.

"The Maha Kumbh will also generate additional employment opportunities for over 4.5 lakhs workforce in sectors such as airlines & airports, hotels, tour operators and medical & eco-tourism," ASSOCHAM said in a statement.

"The Maha Kumbh will generate an additional employment opportunities for over 4.5 lakh people in direct and indirect sectors such as airlines, hotels, tour companies, medical and eco-tourism. The unorganised sector, too, will witness maximum economic gains during the period," said Mr DS Rawat, Secretary General ASSOCHAM while releasing the paper today.

As per the report, the hotel industry is aiming at 100% occupancy rate for Kumbh that is currently 55-60 per cent on an average, the research added.

(Image credit: Indiatimes)