Budget 2026 Fuels India's Travel Renaissance, Says EaseMyTrip CEO

The Union Budget 2026-27 has been hailed by EaseMyTrip's CEO as a strategic boost for India's travel and tourism sector. Key measures include reducing the Tax Collected at Source on overseas tour packages to a flat 2% to stimulate outbound travel. The budget also emphasizes massive infrastructure development with new air routes, high-speed rail corridors, and improved waterways to enhance connectivity. Furthermore, it focuses on developing heritage sites, medical tourism hubs, and large-scale training programs to elevate service quality and destination appeal.

Key Points: Budget 2026: Travel Sector Boost with TCS Cut & Infrastructure

  • TCS cut to 2% on overseas packages
  • 7 new high-speed rail corridors
  • 15 archaeological sites as world-class destinations
  • Focus on medical & eco-tourism hubs
3 min read

Union Budget 2026 signals strong momentum for India's travel and tourism sector: EaseMyTrip CEO Rikant Pittie

EaseMyTrip CEO Rikant Pittie hails Union Budget 2026's focus on tourism via TCS reduction, new rail corridors, and destination development.

"The budget 2026 is more than numbers on paper. It is a roadmap for a travel renaissance. - Rikant Pittie"

Mumbai, February 1

Rikant Pittie, CEO & Co-Founder, EaseMyTrip has hailed the Union Budget 2026-27 presented by Finance Minister Nirmala Sitharaman.

In a statement, Pittie said that the Budget is a clear signal that the Indian government views travel and tourism not merely as a service industry, but as a strategic growth engine for the economy. With a series of forward-looking measures, Finance Minister Nirmala Sitharaman has laid the groundwork for a travel ecosystem that drives employment, regional development, and global competitiveness.

"One of the most impactful announcements for the sector is the reduction in Tax Collected at Source (TCS) on overseas tour packages to a flat 2%. By easing the upfront financial burden on travellers, this policy is set to enhance affordability, encourage outbound travel, and stimulate demand. This move will benefit both consumers and the broader tourism economy. Equally encouraging is the government's focus on connectivity and infrastructure. New air routes, seven high-speed rail corridors, expanded inland waterways, and incentives for seaplane operations demonstrate a clear commitment to making even India's most remote and scenic destinations accessible. Improved travel connectivity will not only strengthen domestic tourism but also position India as a globally competitive destination, reducing travel friction and enabling seamless journeys for millions," Pittie said.

The EaseMyTrip Co founder also hailed the budget for its vision in announcing key measure for destination development.

"Destination development is another area where the budget demonstrates vision. Heritage sites, spiritual and Buddhist circuits, eco-tourism trails, adventure tourism, and the development of 15 archaeological sites as world-class destinations reflect an understanding of evolving traveller preferences. Modern travellers increasingly seek immersive, experiential journeys, and these initiatives will elevate India's cultural and natural tourism footprint on the global stage. The budget also emphasises on medical tourism. By developing regional healthcare hubs and promoting India as a global destination for medical travel, the government is opening opportunities for integrated tourism experiences that combine wellness, accessibility, and world-class healthcare. These initiatives not only enhance India's appeal to international travellers but also create avenues for innovation, collaboration, and infrastructure development within the healthcare and travel sectors," Pittie said.

Pittie further welcomed the proposals for training programs for tourist guides and development of medical tourism hubs.

"The budget recognised the importance of skill development and service quality. Proposals for a National Institute of Hospitality, large-scale training programs for tourist guides, and regional medical tourism hubs signal a long-term strategy to enhance professionalism, service standards, and niche tourism opportunities across the country. At EaseMyTrip, we believe these measures collectively paint a growth-oriented and balanced vision for the sector. By addressing taxation, connectivity, destination development, and skill enhancement, the government is creating an environment where travellers benefit immediately while the industry can innovate and expand sustainably over the long term."

Pittie dubbed the budget as a roadmap for travel renaissance.

"The budget 2026 is more than numbers on paper. It is a roadmap for a travel renaissance. With strategic infrastructure investment, a focus on immersive experiences, and policies that promote accessibility and affordability, India is poised to strengthen its position as a global tourism hub. The journey ahead is exciting, and the government's vision is empowering businesses and travellers alike to dream bigger, travel further, and explore India like never before," he said.

The Union Budget placed tourism at the centre of its employment and growth strategy, highlighting its role in job creation, foreign exchange earnings and local economic development. The government outlined a mix of institution-building, skilling, digital documentation and eco-tourism initiatives to strengthen the sector across India. (ANI)

DISCLAIMER: The article cites views of Rikant Pittie, CEO & Co-Founder, EaseMyTrip

- ANI

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Reader Comments

P
Priya S
The focus on domestic connectivity is the real game-changer. High-speed rail to remote areas? That means my parents in a small town in Uttarakhand can finally visit us in Delhi without the hassle. This will unlock so much potential for local economies.
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Rahul R
While the vision is good, execution is key. We've heard about developing archaeological sites before. Hope this time there's proper planning, cleanliness, and facilities. Don't want another Ajanta-Ellora with poor tourist amenities.
S
Sarah B
As someone who loves trekking, the mention of eco-tourism and adventure trails is exciting! Hope they develop sustainable models that protect our Himalayas and Western Ghats while allowing people to experience their beauty.
K
Karthik V
Medical tourism hubs are a brilliant idea. India has world-class doctors at fraction of the cost. Combining this with spiritual tourism (like after treatment in Kerala) can be a unique selling point. Creates jobs too.
M
Meera T
Training for guides is much needed. Last time in Jaipur, our guide gave us wrong historical facts! Improving service quality will enhance the experience for foreign tourists and help them appreciate our rich heritage better.

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