Speaking at the curtain raiser of fourth Annual India Golf Expo, Director General of Indian Golf Union (IGU) Wg. Cdr. Arun Singh, said IGU was all for development of new golf courses and attract new players.
"As golf gains popularity as a recreational sport, the sport excellence edge also gets sharpened. Quality will emerge out of quantity," he said.
According to IGIA estimates, around 20 smaller golf projects are already underway in India with total investments between Rs 600-1000 crore.
Aakash Ohri, Director DLF and President of Indian Golf Industry Body (IGIA), the organiser of India Golf Expo said, "Besides sport, golf industry has multifarious advantages of real estate development, tourism promotion and employment generation and can be a major catalyst of investment generation.
"Mega investments in Golf real estate are underway or are lined up which will provide a springboard for several sectors of economy," Ohri said.
