Wild business


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Wild business

  1. 1. An Indian Perspective THE WILD BUSINESS
  2. 2. The Wild Business <ul><li>This new cosmopolitan era has sent us far away from Mother Nature. </li></ul><ul><li>It is a rare instant now that we breath fresh air, get wet in the first rain or even see huge green trees outside our window. </li></ul><ul><li>There’s always an instinct within us to get a closer look on mother nature’s creations. </li></ul><ul><li>That’s where Wild business comes in the picture for us MBA. </li></ul>
  3. 3. Definition and facts <ul><li>Wildlife Tourism or Ecotourism is responsible for travel to natural areas that conserves the environment and improves the well-being of local people. </li></ul><ul><ul><li>The International Ecotourism Society </li></ul></ul><ul><li>Ecotourism is the fastest growing market in tourism industry. </li></ul><ul><li>Annual growth rate of 5%. </li></ul><ul><li>Representing 6% of world’s GDP. </li></ul><ul><li>11.4% of all consumer spending. </li></ul>
  4. 4. Eco-tourism Business as we know it <ul><li>The trend developed around two decades ago when crowded cities began to develop and outing became a hobby or sport. </li></ul><ul><li>Huge development was seen as infrastructure investments were made seeking more tourists for revenue (Easy money; as facilities were limited in number and choices were few) </li></ul><ul><li>People started taking Eco-tourism as business (ex. Khana national park had 3 resorts/hotels in 90’s which have exceeded 25 by ‘08) </li></ul><ul><li>Many govt./self financed organizations came to rescue of animals in danger. (monkey,bear,snake and many others on street were freed to be left in forest) </li></ul><ul><li>Govt. started promoting Eco-tourism on state basis as it was a regular revenue earner rather than places with religious importance which had peak crowd in season. </li></ul><ul><li>Many laws were made and anti poaching activities were intensified to make a firm step towards preservation. </li></ul>
  5. 5. Indian Wildlife <ul><li>India is a home to </li></ul><ul><ul><li>7.6% of all mammalian. </li></ul></ul><ul><ul><li>12.6% of all avian. </li></ul></ul><ul><ul><li>6.2% of all reptilian. </li></ul></ul><ul><ul><li>6.0% of all flowering plants. </li></ul></ul><ul><li>Overall 33% of Indian plant species are endemic. </li></ul><ul><li>India along with 17 mega diverse counties is home to about 60 – 70% of the world’s biodiversity. </li></ul>
  6. 6. India’s Reserve <ul><li>India has 12553.26 Km 2 area protected as National parks. </li></ul><ul><li>India has 17 Biosphere reserves (84492 Km 2 ) out of which 7 belongs to World Network of Biosphere Reserve based on (UNESCO). </li></ul><ul><li>India has over 441 animal sanctuaries covering more than 105940 Km2 of area. </li></ul>
  7. 7. Fact Sheet: Wildlife Tourism In India <ul><li>The Wildlife tourism facts in India are still unmonitored. </li></ul><ul><li>Wildlife tourism is the fastest growing sector of tourism. </li></ul><ul><li>There has bee 14.9% increase in wildlife tourism in India since 2002 – 2006. </li></ul><ul><li>The rise is due to increase in spending power of middle class tourists. </li></ul><ul><li>Other reason is the increased publicity and marketing of species such as Tiger. </li></ul>
  8. 8. Fact Sheet: Wildlife Tourism In India <ul><li>Almost 3.5 lakh nature lovers visited various sanctuaries and national parks against 2,47,000 in 2007 – 2008. </li></ul><ul><li>A visit by 2 lakh visitors to Corbett National Park generated a revenue of 306.38 lakh. </li></ul><ul><li>The Green State of Chhattisgarh has 41.33% of area under forest and it is the richest biodiversity area in the country. </li></ul>
  9. 9. Companies offering Wildlife tours
  10. 10. Principles of Ecotourism <ul><li>Minimize impact </li></ul><ul><li>Build environmental and cultural awareness and respect </li></ul><ul><li>Provide positive experiences for both visitors and hosts </li></ul><ul><li>Provide direct financial benefits for conservation </li></ul><ul><li>Provide financial benefits and empowerment for local people </li></ul><ul><li>Raise sensitivity to host countries' political, environmental, and social climate </li></ul><ul><li>Support international human rights and labor agreements </li></ul>
  11. 11. Responsibilities of Government <ul><li>Regulate structures that creates visual pollution. </li></ul><ul><li>Ensure continuous monitoring of adverse effects of tourism activities and initiate suitable corrective measures. </li></ul><ul><li>Recognize and award by accreditation of ecotourism operators. </li></ul><ul><li>Provide visitor information and interpretation services. </li></ul>
  12. 12. Thank You…