Maharashtra targets tourism’s GSDP share at 14% by 2034 as hotel investment builds

Maharashtra’s Tourism Policy 2024 aims to lift tourism’s contribution from about 9% to 14% of GSDP by 2034. Tata Group, The Leela and Mahindra Holidays are among companies developing projects across Sindhudurg, Tadoba, Matheran and Ratnagiri, supported by destination bodies and the MahaAtithi platform.

— Filed Mon, 27 Jul, 2026, 11:23 IST · Source Business Today · Latest · Updated

Maharashtra’s Tourism Policy 2024 targets tourism’s GSDP contribution rising from 9% to 14% by 2034, backed by sustainability incentives, destination management bodies and MahaAtithi. Tata, Leela and Mahindra Holidays are developing hospitality projects across Sindhudurg, Tadoba, Matheran and Ratnagiri.

Why this matters

The signal extends Maharashtra Tourism’s recent update on the 14% GSDP target, adding the Tourism Policy 2024 framework and hotel developments by Tata Group, The Leela and Mahindra Holidays.

Retail-company signals are accelerating, up 566750% QoQ.