Dr. Vikram Kamat, Founder of Vikram Kamats Hospitality Limited
The Union Budget 2026 clearly positions tourism and hospitality as a key pillar of India’s employment and economic growth strategy, a move we strongly welcome. Recognising tourism as a powerful driver of job creation, foreign exchange earnings and local economic development reflects a clear understanding of the sector’s multiplier impact across regions.
Also, strongly aligned with Budget 2026, particularly the decision to establish a National Institute of Hospitality by upgrading the National Council for Hotel Management and Catering Technology—a progressive step that will strengthen hospitality education and build a future-ready workforce. In line with this vision, we had already launched **KHAS Academy (Kamats Hospitality Academy of Skill) in 2022* , a dedicated training initiative focused on making youth job-ready for the hospitality sector. With over 80% practical, hands-on training, strong mentorship and real industry exposure, KHAS has been designed to bridge the gap between education and industry needs. As India’s first “Earn and Learn” hospitality programme, offering a monthly stipend of ₹7,000, KHAS is shaping the next generation of hospitality leaders and providing direct employment opportunities to KHAS graduates across our VITS Hotels & Resorts and Kamats restaurant verticals.Additionally, The National Destination Digital Knowledge Grid and the push for eco-tourism, trekking and wildlife trails will surely modernise destination management and drive responsible, inclusive growth.
Quote by Mr.Sandeep Basu, CEO. OPO hotels and resorts ,” The Union Budget’s continued focus on tourism infrastructure, connectivity, and destination development is a strong positive for the hospitality sector. Enhanced investment in transport, regional connectivity, and public-private partnerships will improve access to emerging destinations and boost domestic travel. Measures supporting ease of doing business and employment generation will further strengthen the sector’s growth momentum. Overall, the Budget reflects a long-term vision to position tourism as a key driver of economic growth while encouraging sustainable and quality-led hospitality development.”