Shri Ram Mandir, popularly known as Ayodhya Ram Mandir, reflects the cultural and spiritual heritage associated with Lord Rama, holds immense cultural and religious significance for the Hindus, and is believed to have been built at the birthplace of Lord Shri Rama. India’s Prime Minister Narendra Modi opened the door of the magnificent Ram Temple on January 22 after a long wait of 500 years, turning the page on arguably India’s most fractious dispute. Temples and deities hold a special place in Hindu traditions and rituals. The temple, which came at a cost of Rs 1,800 crore, is expected to stand for 1000+ years, according to Larsen & Toubro, which designed and built the complex. The Rs. 1800 crore temple led to the Rs. 85,000 crore Ayodhya makeover, which is set to transform the ancient city from a sleepy town into a global religious and spiritual tourist hotspot. A city makeover, including airports, revamped railway stations, townships, and improved road connectivity, will likely drive a multiplier effect with many new infrastructure projects and other economic activities.

Tourism, which is itself a Rs 1 lakh crore revenue-generating industry, and religious tourism are among the biggest segments, with various popular religious centers attracting annual tourist traffic of Rs 1–3 crore. According to the prediction of global brokerage firm Jefferies, which states that the Ram temple could attract over 5–10 crore tourists per year.

Stocks that will benefit from the new tourist place are railway stocks, airline stocks, hospitality stocks, infrastructure stocks, tourism stocks, and many more.

According to the ground reporting agency, the hotels and resorts have been fully packed for the next 2 months, with fares rising many fold. Many new hotels and accommodations have either been announced or are in the pipeline to be announced.

Tourism stocks like Thomas Cook and Ease My Trip are poised for a boost. The event is expected to draw significant visitors, both from within India and around the world. As the ceremony unfolds, tourists are likely to flock to the holy city of Ayodhya, contributing to increased footfall in the region. Investors in tourism stocks stand to benefit from this surge in travel.

The temple is open to visitors from January 23 and will bring positive developments for railway stocks like IRCTC. The government focuses on enhancing connectivity, and Indian Railways has already announced its ambitious plan to run several trains for visitors to Ayodhya.

Also, the inauguration of the Ram Mandir could lead to long-term benefits for railway stocks. The government’s commitment to improving transportation links for Ayodhya and tourists visiting the holy city may result in sustained growth for the railway sector in the coming days.

The recently inaugurated Ayodhya International Airport is now operational and is expected to provide a big boost to airline companies. Several airlines, such as IndiGo, Air India Express, and SpiceJet, have launched flights to Ayodhya and have already seen strong demand.

Travel agencies and tour operators like Thomas Cook (India) Ltd., EaseMyTrip, and RateGain Travel Technologies Ltd. are witnessing a surge in inquiries and bookings. These stocks will also be in focus tomorrow when the stock markets open for trading.

The spigot of economic development in the area has just opened. The economic flow is about to witness a thrust from safety to mobility in the coming time.