Visa has partnered with the Tourism & Hospitality Skill Council (THSC) under the Ministry of Skill Development & Entrepreneurship to upskill 20,000 Indian youths in tourism-related skills.
This three-year partnership, valued at up to $1 million, aims to enhance the tourism service experience across 10 states, including Assam, Gujarat, Himachal Pradesh, and West Bengal.
The program will focus on essential roles within the tourism industry, such as tour guides, customer service executives, naturalists, and paragliding tandem pilots.
This initiative is expected to boost employment prospects for the youth and improve the overall experience for tourists visiting India.
The Tourism & Hospitality Skill Council (THSC) is a key player in India’s skill development ecosystem, operating under the Ministry of Skill Development & Entrepreneurship (MSDE) and the National Skill Development Corporation (NSDC).
Notably, India’s tourism sector is a significant contributor to the country’s economy and employment. Here are some key points about the tourism industry in India:
Tourism contributes around 5.8% to India’s GDP. The sector supports approximately 32.1 million jobs, which is about 7.3% of the total employment in the country
THSC aims to bridge the skill gap in the tourism and hospitality industry by creating a robust and sustainable ecosystem for skill development.
Besides this, Visa has been actively forming partnerships in India across various sectors. The American multinational payment card services corporation has also partnered with major Indian banks like State Bank of India and HDFC Bank to expand their merchant payments acceptance network. Additionally, Visa launched the ‘Visa in a Box’ accelerator program with ICICI Bank to support fintech startups.
Moreover, Visa is collaborating with UPI payment solution providers and digital wallets to integrate card payments with QR code-based transactions. This partnership aims to enhance the flexibility and convenience of digital payments for consumers.
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