logo
Himachal Pradesh Border Tourism: Himachal CM Launches Border Tourism Initiative at Shipki La, Plans Mansarovar Yatra Access, ET TravelWorld

Himachal Pradesh Border Tourism: Himachal CM Launches Border Tourism Initiative at Shipki La, Plans Mansarovar Yatra Access, ET TravelWorld

Time of India2 days ago

Advt
Advt
Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis.
Download ETTravelWorld App Get Realtime updates
Save your favourite articles
Scan to download App
Himachal Pradesh Sukhvinder Singh Sukhu on Tuesday launched border tourism activities from Shipki La in tribal Kinnaur district along the Indo-Tibet-China border , stating that the state would now work towards opening the Kailash Mansarovar Yatra route through the Indo-Tibet-China border."Now that we have opened this border point for tourism, our next focus will be on opening the Kailash Mansarovar Yatra route from here. Mount Kailash is just 92 kilometres from this point," Sukhu said addressing a gathering at Namgya village, located near the high-altitude Shipki Pass, around 310 km from Shimla.The Chief Minister said discussions with the Central Government and necessary coordination with Chinese authorities would be required, but added, "If approvals come, this will become the most accessible and shortest route for the yatra from Indian territory."The Chief Minister recalled former Prime Minister Indira Gandhi's visit to the Shipki Pass nearly six decades ago."She travelled here on horseback to spread the message of national unity. That spirit lives on as we reopen this site for tourism. Our next step must be to establish the Mansarovar Yatra route from here," he saidThe initiative marks a significant move to boost eco-tourism and livelihood opportunities in the high-altitude tribal belt. The region, which once functioned as a traditional Indo-Tibet trade route, had remained closed to tourism due to security and pandemic-related restrictions.Welcoming the decision, Indar Singh, a former Pradhan of Namgya, said: "I thank the state government for this historic decision. The opening of Shipki La will create employment for educated but jobless youth in the area. This will increase income, promote tourism, and help revive our economy."Singh recalled the historical significance of the region, noting that in 1968, former Prime Minister Indira Gandhi had travelled to the Shipki Pass on horseback, a moment etched in local memory."This pass was earlier open for trade with Tibet. We had a barter system under the Indo-China Trade Circuit, which was shut down during COVID. We want the government to consider now reopening the trade route as well," he said.Dorje Dolkar, a local woman, said the move would significantly help locals involved in tourism."This is a great step. It will benefit taxi drivers, villagers, and hotel operators. More tourists will mean more jobs," she said.Another local resident, Sarswati Negi, said, "This tourism opening will give opportunities to local youth who are unemployed. They can now start businesses. I also hope this helps us get access to the Mansarovar Yatra in the future. Roads need widening, and proper facilities like parking must be developed."Baldev Singh Negi, Pradhan of the Namgya Gram Panchayat, echoed the need for improved infrastructure."I thank CM Sukhu and Revenue Minister Jagat Singh Negi. Educated, unemployed youth will benefit. This region has trekking routes and an 800-year-old temple with a natural idol of Lama Ji. But roads are narrow and must be widened," he said.Speaking on the occasion, Tribal Development, Horticulture and Revenue Minister Jagat Singh Negi said the move held both strategic and emotional significance for the locals."Some limited trade was ongoing earlier, but it was halted during COVID. We are now working to develop infrastructure and explore possibilities of reviving trade as well," he said.The state government has also acknowledged the need for other facilities. Locals have demanded a parking facility for at least 100 vehicles and better road access to the region.The tourism move is expected to bring economic activity to the remote villages near the border, while also reinforcing India's civilian presence in a strategically sensitive area along the Line of Actual Control.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

CM flags off direct flight from city to Abu Dhabi
CM flags off direct flight from city to Abu Dhabi

Time of India

time17 minutes ago

  • Time of India

CM flags off direct flight from city to Abu Dhabi

1 2 3 4 Bhubaneswar: In a boost to international air connectivity, chief minister Mohan Charan Majhi on Thursday inaugurated direct flight service from Bhubaneswar to Abu Dhabi on the first anniversary of his govt. The service, operated by IndiGo Airlines from Biju Patnaik International Airport, will run thrice a week on Tuesdays, Thursdays, and Saturdays. The new route, on which the flight can accommodate 180 passengers per trip, will reduce travel time to just four hours between the two cities. Speaking at the event, Majhi said this service, launched under the state's New Destination Policy with support from the Union govt, will strengthen Odisha's ties with middle-eastern countries in trade, tourism, investment, and cultural exchange. With commencement of the flight service to Abu Dhabi, Bhubaneswar is now connected with five international destinations through flight services. These are Abu Dhabi, Dubai, Kuala Lumpur, Singapore, and Bangkok. Flights from Biju Patnaik International Airport also operate to 20 Indian cities. During the inaugural ceremony, Majhi handed over boarding passes to select passengers. The inaugural flight also marked the beginning of cargo services, with 50 tonnes of Amrapali mangoes being exported among other goods. Also, a new domestic route connecting Bhubaneswar to Visakhapatnam was also launched on Thursday. "The state govt has been actively expanding air connectivity, with successful launches of flights from Bhubaneswar to various domestic destinations," a govt statement reads. It says that new flight services recently commenced to cities like Dehradun, Ghaziabad, Goa, Indore, Kochi, Lucknow, and Port Blair from Bhubaneswar. Besides, Jharsuguda airport has also been connected to major cities like Hyderabad, Lucknow, Mumbai, and Raipur recently. "This development will significantly benefit travellers from Odisha. The service will offer both time and cost advantages while strengthening the state's position in international air travel," it said. Flyers welcome the move. "A lot of people from Odisha travel to foreign destinations. The absence of direct flight services affected us a lot in the past. Now we can save a lot of time and energy with this new service," said Sashank Tripathy, a frequent flyer. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .

Automakers urge Indian govt for diplomatic outreach to China for rare earths
Automakers urge Indian govt for diplomatic outreach to China for rare earths

Mint

time18 minutes ago

  • Mint

Automakers urge Indian govt for diplomatic outreach to China for rare earths

New Delhi/Mumbai: Having failed to secure a meeting with China's commerce ministry despite receiving visas, Indian automakers have now sought the central government's intervention, according to two industry executives aware of the matter. The issue: China has paused exports to India of rare earth minerals, which are key to electric vehicle (EV) production, and are also not approving Indian companies' fresh applications for their export. If the minerals don't start showing up on Indian shores soon, it is likely to hit the auto industry hard, especially EVs. Indian EV makers have now urged the Centre to engage Beijing through diplomatic channels, mirroring American efforts. On Wednesday, US President Donald Trump announced on his Truth Social platform that the US and China have struck a 'deal' that will see China resume supply of magnets and rare earths to the US. 'An escalation from Indian authorities might be required," said one of the executives cited above on condition of anonymity. 'What would we do with the visa if there is no meeting fixed?" An appointment with China's ministry of commerce is key, since it is responsible for the restrictions on the export of rare earth minerals and magnets. The two executives cited above said industry representatives met commerce and industry minister Piyush Goyal on Sunday before he left for Switzerland. They also made a presentation on Tuesday to senior officials at the Directorate General of Foreign Trade (DGFT), to request them for help in securing an appointment with the Chinese. The presentation, a copy of whichMinthas seen, notes that the industry delegation will request Chinese authorities to expedite licences for exporters of rare earth magnets to India. A footnote in the presentation also noted that India's ministry of commerce and industry was engaging with the Indian embassy in China to facilitate the meeting. Also read | Trump says China deal 'done'; Beijing will supply 'magnets, rare earths' The auto industry was represented at these meetings by the Society of Indian Automotive Manufacturers (SIAM), Automotive Component Manufacturers Association of India (ACMA), and executives from Tata Motors, Mahindra & Mahindra, JSW MG Motor India, Maruti Suzuki, and Gujarat Mineral Development Corporation (GMDC), among others. Queries emailed to these organisations, commerce and industry minister Piyush Goyal's office, and the DGFT remained unanswered till press time. Support assured To be sure, at the meetings, the Indian leadership assured support to the auto industry, including assistance in developing a local rare earth production base. GMDC has been involved in rare earth exploration in India for some time now, and it was mooted to use the company's expertise. Other companies already present in the trade also offered to ramp up their production. However, there was no mention of a direct outreach from the political leadership to China at these meetings, the two sources said. 'For India, while we may have a problem with permanent magnets in the short run, we are already engaged with industry and with our startup ecosystem to find solutions," Goyal toldThe Economic Timesin an interview published on Thursday. 'And I assure you that we are solving this problem." Also read | Maruti Suzuki pulls back on EV push amid rare earths crisis During the consultations, automakers also cited examples of authorities from the west reaching out to Chinese officials, including US President Donald Trump and European Union trade commissioner Maroš Šefčovič, the first executive cited above said. To be sure, apart from the US and China reaching an agreement on a trade framework that may help in sorting the matter, the Chinese commerce ministry said on Sunday that it is willing to fast-track applications of European Union firms. Solutions to be political Manoj Kewalramani, the chair for Indo-Pacific Studies Programme at the Takshashila Institution, a public policy school in Bengaluru, agreed that the solution to the current situation will be achieved through political means, especially considering the history between the two countries. 'In trade negotiations like these, both sides have in mind the question: How much is the situation hurting the other side politically?" he said. While China is holding the rare earth card, India also has leverage in terms of its high trade deficit with the Middle Kingdom. India's trade deficit with China widened to a record in FY25, just a whisker below $100 billion, as per data from the commerce ministry. 'The US deal with China could quicken the process of reaching a solution soon," Kewalramani said. Also read | Why are rare earths important for Chinese economy? Unless a quick resolution to the crisis is reached, automakers would be forced to curtail production, the industry sources said. Maruti Suzuki, the latest entrant in India's EV market, slashed production targets for e-Vitara, its first electric vehicle, by two-thirds because of the rare earth magnet shortages,Reutersreported on Tuesday. When contacted, a spokesperson for Maruti Suzuki said that while the situation was uncertain, so far there was no disruption to its operations due to the rare earth crisis. Also read | China's rare earths aren't as rare as you think

ET Exclusive: Global shocks won't alter our plans for India, says Masahiro Kihara, CEO Mizuho Financial Group
ET Exclusive: Global shocks won't alter our plans for India, says Masahiro Kihara, CEO Mizuho Financial Group

Time of India

time27 minutes ago

  • Time of India

ET Exclusive: Global shocks won't alter our plans for India, says Masahiro Kihara, CEO Mizuho Financial Group

India's demographic advantages, GDP expansion and opportunity to broaden exports make it an important growth engine for Mizuho Financial Group , says Masahiro Kihara , chief executive of Japan's third-largest megabank with $1.9 trillion in assets. The group is constantly evaluating opportunities for investment and lending in India, and plans to double the headcount at its global capability centre here, he tells Joel Rebello and Sangita Mehta. Edited excerpts: What is driving Japanese interest in India? The future of India is very promising. From a demographic perspective, you have a lot of advantages. Besides wages, the working age population is still increasing, which is totally opposite from Japan. You have a stable democratic framework with robust digital infra. And beyond that you are inducing people to come and make in India (with) start-up India, production-based incentives and so on. The Japanese are looking for areas where they can grow. So, India is a very promising area. Also, Japan and India have a long-standing relationship sharing the same values, having sympathy towards each other. So, that gives Japanese companies confidence to invest here. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Where does India fit into Mizuho's plans? There are 1,400 Japanese companies operating here and we bank with many of them. Many of these want to expand here. But there is also interest among Japanese companies to come here for the first time. We want to be supportive of the growth of Indian and Japanese companies. Also, we want to commit to the growth of India because both countries have been friends for many years. So, for us, India is a very important country. In November 2023, we increased our capital base to $500 million, so that our Indian operation can extend more lending. Live Events Are you likely to make more investments in India? I think at some point, we probably will need additional capital to inject here. And I'm happy to do that if there's a need for that. What would be the trigger for you to inject more capital? We have (invested) $500 million and based on the needs that we get from our customers I think it's sufficient right now. But as this country grows, I guess there will be much more for companies asking for lending. Any acquisitions that you're looking at in India? First of all, in terms of organic, we focus on five business areas: Japanese retail; asset management and wealth management in Japan; Japanese corporates; global corporate investment banking and sustainability. We are constantly looking at opportunities in these areas. So, I can't allude to what will happen in India. There have been reports about Mizuho acquiring a majority stake in Avendus Capital. What is the status? I can't allude to that. No comments. Will corporate banking continue to be your focus in India? We are particularly very good at corporate wholesale banking. In the global space, I think we should stick to wholesale banking because regional retail banking is very difficult. Wholesale banking is the area where we have expertise, we have strength. Given the global uncertainties in terms of rates, markets, trade and political tensions, what is your view on growth? Of course, there's a lot of uncertainties but at some point things will get clear. Then everybody will start adjusting to a new world order. So, I would say given that there's uncertainty from a global perspective, the activity might be slow. But once things get clear, activity will come back. Does it change the way you invest in India or will you have to relook at your plans here? I think India is a little bit insulated from all these things. I would say that India is a bit of a different story. Very different from Japan. So, we won't change what we were going to do in India. What would be the impact of the US tariff war on India? The effect on India is probably minimal. You might even benefit from production moving into India from other countries, given the fact that maybe the tariff rate is lower than the other countries. What is happening is that corporations are thinking of diversifying their supply chain from a stability perspective. Everybody is thinking about moving into areas that have growth potential. So, India is in a good position from that perspective. What advantages do you think India has over China? In the long run, the working age population, I think that's the most important part. For India it is going to grow. China is going to decrease. That's a big advantage. What are your plans on the global capability centre in India? We have around 600 people and we want to double that in two or three years and move in more and more operations here in India because India has a talent pool. Which are the sectors you're very optimistic about? In India there is ambition to grow in manufacturing from auto electronics, semiconductors and infrastructure. Increasingly, when the per capita (income) goes up, there should be increasing demand for retail too. India is constructing airports, highways, railroads. We have done many projects in the infrastructure sector. We have also beefed up the project finance team recently. The top 3 Japanese banks are here in India with deep pockets. How would you differentiate between yourselves and them? We at Mizuho are very good at industry research. We have a very strong global corporate and investment banking franchise, developed from 2015 when we purchased assets from RBS and onboarded 100 relationship managers. We want to integrate every capability that we need in the investment bank inside our bank, to get synergies between those capabilities. Based on these strengths, we'll try to bring all these capabilities into India too, and I think we can be competitive on them.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store