Budget 2024: Union Finance Minister Nirmala Sitharaman highlighted plans for tourism infrastructure and amenities in Lakshadweep, aiming to stimulate domestic tourism and generate employment.
Praveg caught shareholder attention as it had last month received a work order for the development of operation, maintenance, and management of at least 50 tents at Lakshadweep s Agatti Island. The resorts at Lakshadweep will also offer commercial activities like scuba diving, destination weddings, corporate functions, etc.
Prime Minister Narendra Modi s recent visit to Lakshadweep has spiked Google searches on the islands. Praveg s shares have gained attention as the company secured a work order for the development of tents in Lakshadweep.