Vadodara Tourism Development Vision© © Dr Rajesh Khajuria MBA, PhD (Management), CMC, FIMC, MIoD (London) TEAMPro Limited London / Vadodara.

Vadodara TourismDevelopment Vision©

© Dr Rajesh KhajuriaMBA, PhD (Management), CMC, FIMC, MIoD (London)

TEAMPro Limited London / Vadodara

Dr Rajesh Khajuria, TEAM2

Acknowledgement

My Gurus– Prem Sharda, Former Vice Chancellor, and– Dr Satendra Kumar, Dean, Faculty of Management, Veer Narmad

South Gujarat University, Surat– MBA (Tourism & Hospitality Management) members– Prof O S Gupta, Former Head, MBA SGU– Prof H P Lulla (Guruji), Vadodara– Prof S M Patel and Prof H P Pandya, Sardar Patel University– School Teachers, Parents, Philosophers, Saints, Friends, Children

My Clients– Bakulesh & Sargam Gupta, Rajiv Topno-Collector Vadodara– Banks and Financial Institutions, Experts, Partners– Tourism Industry Clients in India, Governments of Singapore,

Thailand, Dubai, Abu Dhabi, Oman and UK


Symbol of Vadodara Tourism

The symbol on the right depicts ‘Wide Eyes’, indicating “People looking at Vadodara as a Global Tourism Destination by 2020”.

V = Victory Several Vs means

Collective Victory.


Vadodara Tourism

T = Tourism, Trade, Training O = Opportunity U = Urban Development R = Resource Generating I = Industry, Indian, International, Impressive S = Strategy, Systematic M = Money, Market, Manpower


Global Specializations

Swiss Hospitality Thai Cuisine Singaporean Culture American Education African Sports & Songs Malaysian Roads French Wine Indian Brains

Chinese Products Australian Mining German Machinery Japanese Technology British Policy Dutch Water

Management Vadodara Tourism?


Tourism: World and India

As per the World Tourism Organization, about 763 million tourists traveled internationally in 2004 and spent about US$ 622 billion.

Tourism accounts for 12.2 per cent of total world exports and 8.1 per cent of global employment.

In 2004-05 the Indian tourism industry registered a growth of 24% in foreign tourist arrivals.

Foreign exchange earnings grew at the rate of 26.4% in 2004-05.


Foreign tourist arrivals andforeign exchange earning in India

Year Foreign tourists Estimated foreign Exchange Earnings

Number Growth Million Growth

in Lakh Rate US$ Rate

2000-01 26.99 7.7 3168 4.3

2001-02 24.28 -10.0 2910 -8.1

2002-03 24.54 1.0 3029 4.1

2003-04 29.33 19.5 3979 31.4

2004-05 36.38 24.0 5029 26.4

Source : Ministry of Tourism, Government of India


Tourism in Budget 2006

“Item 70: Foreign tourist arrivals increased to 3.92 million in 2005. It is still a fraction of India’s potential. During 2006-07, Ministry of Tourism will:

Take up for development 15 tourist destinations and circuits following an integrated area development approach;

Identify 50 villages with core competency in handicrafts, handlooms and culture, close to existing destinations and circuits, and develop them for enhancing tourists’ experience;


Tourism in Budget 2006

• Establish 4 new institutes of hotel management in the States of Chhattisgarh, Haryana, Jharkhand and Uttaranchal.

I propose to increase the Plan allocation from Rs.786 crore to Rs.830 crore in 2006-07.”– We need to develop Vadodara as a Business &

Education Tourism Destination– Pavagadh as Cultural Tourism Destination– Sankheda Handicraft Destination (Export-oriented)


Vadodara Tourism - Specialities

Cultural Citadel of Gujarat (and Maharashtra)

Heritage City: Museum, Raj Mahel, Garden

Architectural marvel River City: Vishwamitri

and Mahi Travel Connectivity –

Air, Rail, Road, CFS

Education Capital of India

Handicrafts Shopping NRI Population Medical community Large Corporations 3,000 SMEs 1 million people


Vadodara Tourism - Projects

Vadodara Tourism: 37 Acres: Rs 130 Crore.1. V-SPORTS STADIUM (10 Cr)2. V-Cultural Stadia (20 Cr)3. V-Arena: Convention Centre &

Tourist Bureau (20 Cr)4. Tourism Education & Training

Institute (2 Cr)5. V-Theme Parks (30 Cr)6. V-Leisure Centre (4 Cr)7. Hotels & Restaurants (14 Cr)8. Infotech and Biotech Towers (Rs

30 Cr)

Pavagadh: 100 Acres: Rs 50 Cr Champaner 2 & 3 Star Hotels

& Heritage Centre Pava Hill-Top Lodge Pava Jungle Lodge Pava NRI School Pava NRI Old Age Home Pava Horticultural Park Pava Children Park Pava Amusement Park Pava Lake with Boating Restaurants & Food Courts


V-SPORTS STADIUM

7 Acre Area Development Ball Sports Ground – 100 x 100 Meter or

70x70 Mtrs– Football, Hockey, Basket Ball and Other Ball

Sports– 25,000 Seats capacity– Floors, Corporate Galleries, VIP Boxes– A.C. Studios for Sports Men and Women for Short

Stay


V-SPORTS STADIUM

– Gyms for Local Men, Women and Children– Dance Halls – Restaurants and Food Parlours– Exhibition Halls– Shopping Malls– 500 Car, 2,000 2-Wheeler Multiple Floor Parking

Bays All within Stadium


V-SPORTS STADIUM

Athletics Stadium– Jump Pits– Various Finishes– 100 Meter Track– 200 Meter Track– 400 Meter Track– 800 Meter Track– Health Tracks: Walking Track, Jogging Track

Sports Medical Institute and Hospital


V-SPORTS STADIUM - AREA

Construction Sports / Stadium Area = 54,230 Sq ft Commercial Area = 23,242 Sq ft Total Construction = 77,472 Sq ft Parking and Open Space = 232,416 Sq ft Total Land Required = 309,888 Sq ft


V-SPORTS STADIUM - COST

Project Cost Estimate: Construction Use

– 70% Sports = Rs 400 Lacs– 30% Commercial = Rs 200 Lacs– Total Construction Cost = Rs 600 Lacs– Equipment & Electrification = Rs 300 Lacs– Add: Misc. Cost and Fees = Rs 100 Lacs– Project Cost = Rs 1,000 Lacs


V-SPORTS STADIUM - FINANCE

Sources of Finance Proposed:– Equity Capital 30% = Rs 300 Lacs– Term Loan 70% = Rs 700 Lacs– Total Sources of Finance = Rs 1,000 Lacs

Land on 99 Year Lease from Government Tax Benefits sought


Cultural, Convention, Science, Education, Amusement & Leisure

30 Acre Area Development – Total– V-Cultural Stadia– ‘V-Arena’ Convention Centre and Tourist Bureau– Tourism Education & Training Institute– V-Theme Parks (several parks)– V-Leisure Centre– Hotels & Restaurants– Shopping Malls


V-Cultural Stadia

200,000 Sq ft Area. 40,000 Sq ft Construction Air Conditioned, Closed, Pentagonal or Octagonal 3,000 Seats Capacity Side-Central Stage for Performance Multiple Viewing Screens Modern Projection System Monitoring and Admin Offices Waiting Lounges Energy Efficient Lighting 500 Car Park, 2,000 2-Wheeler Park


V-Cultural Stadia - COST

Project Cost Estimate:– Building = Rs 1200 Lacs– Equipment & Electrification, AC = Rs 600 Lacs– Misc. Assets and Fees = Rs 200 Lacs– Project Cost =Rs 2000 Lacs


V-Cultural Stadia - FINANCE

Sources of Finance Proposed:– Equity Capital 30% = Rs 600 Lacs– Term Loan 70% = Rs 1400 Lacs– Total Sources of Finance = Rs 2000 Lacs



‘V-Arena’ Convention Centre & Tourism Bureau

300,000 Square Feet Area– includes 100,000 square feet of clear span exhibit

space for 10 to 20 Halls– 20 Conference Rooms, A.C.– 10 Meeting Rooms, A.C.– All with state-of-the-art connectivity (LAN,

Internet).– Removable walls allowing exhibition and meeting

spaces to be configured to customer specifications.



1,000 Cars, 2,000 2-Wheelers Parking 10 Loading Bays Unique-but-practical design features State-of-the-art fresh air Cooling and Ventilation

system Sunlight filtered through Glass openings in the 30-

foot ceilings as a primary light source Finest Banquet Cuisine, Restaurants and Food

Courts



Project Cost Estimate:– Arena Building = Rs 1500 Lacs– Equipment & Electrification, AC Rs 350 Lacs– Misc. Cost and Fees = Rs 150 Lacs– Project Cost = Rs 2000 Lacs



Sources of Finance Proposed:– Equity Capital 30% = Rs 600 Lacs– Term Loan 70% = Rs 1400 Lacs– Total Sources of Finance = Rs 2000 Lacs



Tourism Education & Training Institute

International Collaborations Programs in Tourism & Hospitality

Development Hotel Management & Catering Technology Convention & Event Management Sports Management Diploma, Graduate, Masters and PhD level Research, Training and Consultancy



2 Acre land 10,000 Sq ft Construction A.C. Building State-of-the-Art Connectivity Library connected to Classrooms Teaching Theatres with Digital Projectors Faculty and Admin Offices Garden Parking Rs 200 Lacs Investment


V-Theme Parks

Children Park Science City Eco Park & Medicinal Garden Amusement Park Waterpark Health Park, Yoga & Meditation Centre Lake with Boating


V-Theme Parks

Art & Sculpture Attractions Art & Culture Centre Elite Sports Park Shopping Malls Finest Banquets, Restaurants & Food Courts


V-Theme Parks

Project Cost Estimate: Rs Lacs– Children Park

100– Science City 1300– Eco Park & Medicinal Garden 50– Amusement Park 250– Waterpark 250– Health Park, Yoga & Meditation Centre 50– Lake with Boating 100


V-Theme Parks

Project Cost Estimate: Rs Lacs– Art & Sculpture Attractions 50– Art & Culture Centre 100– Elite Sports Park 150– Shopping Malls 400– Banquets, Restaurants & Food Courts 200– TOTAL 3000


V-Theme Parks

Each Project shall be developed as a separate Profit Centre

Sources of Finance Proposed:– Equity Capital 30% – Term Loan 70%



V-Leisure Centre

100,000 Sq ft Area. 20,000 Sq ft Construction Air Conditioned, Closed, Square 2,000 Visitors Capacity Swimming Pools for Adult and Children Fitness Centers for Men and Women Indoor Games: Tennis, Squash, Table Tennis,

Chess, etc. Admin Office Health Food Plaza Parking: 200 Cars, 500 Scooters


V-Leisure Centre

Waiting Lounges, Energy Efficient Lighting 500 Car Park, 1,000 2-Wheeler Park Project Cost: Rs 400 Lacs Source of Finance:

– Equity: Rs 120 Lacs– Term Loan Rs 280 Lacs– Total Rs 400 Lacs


Hotels & Restaurants

2 & 3 Star Hotels for Budget Guests– 2 Nos. x 100 Rooms, expandable to 400 Rooms

Global Brand Food Chains Swimming Pool (Club) Business Centres Banquets and Restaurants Project Cost Total Rs 1400 Lacs


Infotech & Biotech Towers

Infotech Tower with Internet Gateway for Software development and export.

Biotech Tower for research, development, commercialisation and export.– Foreign Collaboration and Investment.– Employment Generation.– Foreign Exchange earning.

Project Cost Rs 1500 Lacs x 2 = 3000 Lacs


Vadodara Tourism Dev - Vision

NRI Population, Global Markets

Sports, Culture, Heritage, Science, Education and Amusement Tourism

Gujarat, Maharashtra and Rajasthan Markets

V-Theme Parks and Shopping Malls

Hotels & Restaurants

>>> Global Visitors / Partners / Employees <<<

Sports Stadium

Leisure Centre

V-Arena Convention Centre & Tourist Bureau


Infotech & Biotech Parks


7 Keys to Successful Development

1. Public-Private Partnership

2. Vision, Education and Creativity

3. Feasibility Studies and Fund-Raising

4. Strategy and Implementation

5. Finance, Technology and Management

6. Results and Evaluation

7. THINK Global to Progress Local


TEAMPro Limited, London UK

Vision to Strategic Development Consulting Access to Latest Technologies and

Equipments in Tourism industry in India, UK and worldwide

Partners selection Fund-Raising UK2India Program with British Chambers

– www.UK2India.org.uk


TEAM Projects & Consultants Vadodara India

1983 Established, 23 years experience. Advisors to Banks and Financial Institutions. 215 Projects advised with 95% Success

– Rs 1 Crore to Rs 50,000 Crore. USD 10 Billion Total Investment created. Expertise in Tourism, Industry, Infrastructure,

Education and e-Trade. International Training and Networking.


Thank You! Vadodara

Dr Rajesh Khajuria, Director, TEAMMBA (Finance), PhD (Management), CMC, FIMC, MIoD (London)

Email: [email protected]

Web: www.TeamPro.org

Vadodara T: 94260 75402

London T: +44-20-8866 4345 (Sunil Vaghani)

Vadodara Tourism Development Vision© © Dr Rajesh Khajuria MBA, PhD (Management), CMC, FIMC, MIoD (London) TEAMPro Limited London / Vadodara.

Documents

symbol of vadodara tourism

ministry of tourism

vadodara tourism t

tourism accounts

stadium slide

global tourism destination

indian tourism industry

world tourism organization