In a move aimed at boosting tourism and the economy, Indonesia is exploring the possibility of offering visa-free entry to Indians along with 19 other countries, including the U.S., China, Australia, South Korea, Germany, Britain, and France.
India Hikes Incentives for Foreign Filmmakers to Shoot in the Country: India Report
22.11.2023 - 10:39 / skift.com / Zubin Saxena
A foreign film shooting in India will now be able to claim up to 40% of the expenditure incurred (in India) with the maximum limit capped at INR 300 million ($4 million). An additional five percent bonus will be given for “significant Indian content.”
What’s Behind the Decision? Information and Broadcasting Minister Anurag Singh Thakur cited better incentives to bring larger international film projects to India and further enhance India’s positioning as a premier filmmaking destination.
Incentive Scheme Background: India introduced a 30% incentive scheme last year at Cannes to encourage the production of foreign films. Under this plan, filmmakers can get a refund of up to 30% of the money spent on producing a film in India, previously capped at INR 25 million ($300,000).
Who Will Qualify? International film productions that have received permission to shoot in India from the ministry of information and broadcasting and for documentaries from the external affairs ministry will qualify for this incentive program.
Trivia: The Indian media and entertainment industry, with an annual growth rate of 20%, is the world’s fifth-largest and one of the most globalized industries.
Hilton, on November 20, announced the appointment of Zubin Saxena as its India country head. Zubin joins Hilton from Radisson Hotel Group, where he worked for over 8 years, most recently as the Managing Director and Area Senior Vice President of South Asia. He will take charge in January 2024.
Saxena takes over from Navjit Ahluwalia, who leaves Hilton after 6 years. Saxena will oversee Hilton’s 25 trading hotels in India, leading the company’s expansion in South Asia with 20 properties in the development pipeline.
Luxury Expansion: Hilton is expanding in India as it signed a deal in November to bring its first Curio Collection hotel to India. Moreover, in April 2023, Hilton announced the launch of its luxury brand Waldorf Astoria in Jaipur, slated to open in 2027.
Future Hilton Pipeline: Hilton plans to triple its portfolio to have 75 trading and pipeline hotels in India. This will see the company grow the presence of its existing core Hilton brand – along with Conrad, Hampton by Hilton, Double Tree by Hilton, and Hilton Garden Inn, as well as continue to debut new brands.
A Skyscanner Destinations and Insights Report reveals Indian travelers are trending towards diverse destinations, including cultural hubs like Almaty and Baku, beach locales like Vietnam’s Da Nang, Thailand’s Krabi and Seychelle’s Mahé Island, and vibrant cities like Japan’s Osaka, Austria’s Vienna, and New Zealand’s Auckland. This eclectic mix showcases a preference for both traditional and modern experiences, from Central Asian culture to Southeast Asian beaches
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