Ayodhya: How the Ram Mandir construction is fuelling an economic boom.
From hotels to real estate, and airlines to railways, there’s a frenetic pace of activity at Ayodhya.
From spiritual centre to economic hub: Ayodhya’s rise after Ram Mandir construction.
Ayodhya is getting an economic boost as it gears up for millions of tourists to see Ram temple.
With an estimated footfall of over three lakh tourists per day and around 6.8 crore tourists visiting Ayodhya by 2030, the land of Lord Ram is set to emerge as a one-of-akind temple city.
As the inauguration of the Ram Temple nears, businesses have found a new destination for their investments—Ayodhya in eastern Uttar Pradesh.
The town on the banks of the Sarayu River is buzzing with industry, as both private enterprises and government congregate there ahead of the inauguration on January 22.
From real estate developers and hotel owners to airlines, the country’s leading corporate houses are heading to the temple town, which wasn’t on their radar till a few years ago.
Ayodhya’s economy has undergone a transformation with the construction of the Ram temple. The city was previously known for coaching centres, but now land prices have increased ten-fold, and tourism has skyrocketed from 2.25 lakh to 2.25 crore within a year.
Tourism is considered to be the most profitable sector from the Ram temple as footfall is expected to rise manifold in the city, especially with a new airport and daily flights to the Indian capital and other places being added at a fast pace.
Trade body predicts Rs 1 lakh crore business as Lord Ram t-shirts, flags fly off shelves.
Apart from hotels, there are the massive infrastructure development projects announced by the central and state governments. Under the Ayodhya Master Plan 2031, projects worth `85,000 crore will be executed to upgrade the town’s infrastructure.
The government has already unveiled a new international airport and a revamped railway junction as well. During a recent visit to the town, Prime Minister Narendra Modi said, “Infrastructure-related works will once again establish modern Ayodhya with pride on the map of the country.”
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