Ram Mandir in Ayodhya is expected to have a big economic impact in the region as tourism is projected to surge to 5 crore visitors every year to the holy town, according to global brokerage firm Jeffries.”The grand opening of the Ram Temple at Ayodhya by Prime Minister Narendra Modi is a big religious event. It also comes with a large economic impact as India gets a new tourist spot which could attract 50 million plus tourists a year.
“A $10 billion makeover (around Rs 82,500 crore) which includes a new airport, revamped railway station, township, improved road connectivity, etc. will likely drive a multiplier effect with new hotels and other economic activities. It can also set a template for infra-driven growth for tourism,” the Jefferies report states.