Discover the Divine Essence
Discover the traditions, rituals, and beliefs of Hinduism at Ram Mandir
Discover the Divine Essence
Discover the traditions, rituals, and beliefs of Hinduism at Ram Mandir
Discover the traditions, rituals, and beliefs of Hinduism at Ram Mandir
Discover the traditions, rituals, and beliefs of Hinduism at Ram Mandir
The Ram Mandir (Rama Temple) in Ayodhya, India, is a Hindu temple dedicated to Lord Rama, a central figure in the Hindu epic Ramayana. At Ram Mandir, we follow the ancient wisdom of Sanatana Dharma and strive to live a life of dharma, karma, and moksha.
The grand Pran Pratishtha ceremony of Lord Ram in January 2024 marked a historic milestone, solidifying its place as a revered pilgrimage site. The temple's architectural magnificence attracts devotees globally, fostering a sense of unity and reverence. The chant "Ram Sia Ram Sia Ram Jai Jai Ram" resonates within its sacred walls, echoing the devotion and adoration for Lord Ram. This rhythmic invocation encapsulates the deep spiritual connection that pilgrims feel, creating an atmosphere of divine bliss and celebration within the sacred precincts of Ram Mandir. pilgrimage site for devotees worldwide.
In 2019, the Supreme Court of India delivered a verdict in favor of the construction of the Ram Mandir at the disputed site. The construction of the Ram Mandir officially began in August 2020, and it is envisioned as a grand temple complex. The construction of the Ram Mandir holds immense cultural and religious significance for millions of Hindus in India.
Ram and Sita are central figures in Hinduism, prominently featured in the ancient Indian epic, Ramayana. Lord Rama, an incarnation of the god Vishnu, is revered for his virtue, righteousness, and unwavering devotion to dharma (duty). Sita, his consort, is an embodiment of purity and devotion. The Ramayana narrates their life, adventures, and the trials they faced, emphasizing moral and ethical values. The story of Ram and Sita is celebrated in various festivals, art forms, and religious rituals across the Hindu cultural landscape.
01/21
Ayodhya Ram Mandir's Pran Pratishtha or consecration ceremony is scheduled to be held on 22 January 2024. Pran Pratishtha is a sacred Hindu ritual that brings the deity to life.
Ayodhya Ram Mandir spans 70 acres of area, the temple is constructed on 2.77 acres.
Foundation materials used are Granite stone from Telangana and Karnataka along with Pink Sandstone from Bans Paharpur in Bharatpur, Rajasthan.
The ancient temple of Lord Shiva on Navratna Kubera Hill will be renovated and a statue of Jatayu will be installed.
Ayodhya, located in the state of Uttar Pradesh in India, is primarily known in connection with Hinduism as the birthplace of Lord Rama, a significant deity in the Hindu pantheon. However, in recent years, Ayodhya has also gained attention due to its cultural and historical connections with other countries, particularly Korea, Thailand, and Indonesia.
Korea: Ayodhya is associated with Korea through the legend of Princess Suriratna, who is believed to have traveled from Ayodhya to Korea and married King Kim Suro, establishing the Kim dynasty in ancient Korea. This legend forms the basis of the historical and cultural ties between Ayodhya and Korea, and it is celebrated through cultural exchanges and events.
Thailand: Ayodhya is also connected with Thailand through the Ramakien, which is the Thai version of the Hindu epic Ramayana. The story of Lord Rama, his wife Sita, and his loyal companion Hanuman is revered in Thai culture, and Ayodhya is considered a sacred place in the Thai Buddhist tradition. The Thai people often refer to Ayodhya as "Ayutthaya" and have historical and cultural ties to the city.
Indonesia: Similarly, Indonesia has cultural ties with Ayodhya through the Ramayana epic. The Indonesian version of the Ramayana, known as the Ramayana Kakawin, is an important part of Javanese literature and culture. Additionally, Ayodhya is also significant in Indonesian Hinduism, particularly on the island of Bali, where Hindu traditions are still practiced.
These cultural connections have fostered a sense of shared heritage and history between Ayodhya and these countries, leading to exchanges of ideas, traditions, and cultural practices. This has further solidified Ayodhya's status as a significant pilgrimage site and a symbol of cultural unity across borders.
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On behalf of Ram Mandir in Ayodhya, it is with immense joy that we extend a warm invitation to you, your family, and your fri to visit the sacred premises of Ram Mandir. Nestled in the historic city of Ayodhya, this architectural marvel stands as a testament to the rich cultural and spiritual heritage of our nation. We believe that your visit to Ram Mandir will be a spiritually enriching experience, allowing you to immerse yourself in the divine aura and witness the grandeur of this revered site
Ayodhya, Uttar Pradesh 224001,
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The grand inauguration of the Ram temple in Ayodhya on January 22nd by Prime Minister Modi is not only a significant religious event but also carries profound economic implications. This historic moment not only establishes a sacred site but also heralds the transformation of Ayodhya into a potential tourist hotspot, anticipating an estimated influx of over 50 million visitors annually. The substantial investment of US$10 billion in this project includes the development of a new airport, a revamped railway station, a township, and enhanced road connectivity. This comprehensive makeover is poised to trigger a multiplier effect, giving rise to the establishment of new hotels and various economic activities.
Beyond its immediate economic impact, the Ayodhya project serves as a compelling template for infrastructure-driven growth within the tourism sector. India, endowed with vast tourism potential, is poised to benefit significantly from this initiative. The tourism sector contributed $194 billion to the GDP in FY19 and is projected to grow at an impressive 8% compound annual growth rate, reaching a substantial US$443 billion by FY33.
Religious tourism continues to be a dominant segment in India, attracting millions of annual visitors despite existing infrastructural challenges. Ayodhya, through its enhanced connectivity and improved infrastructure, is strategically positioned to make a substantial economic impact as a new religious tourist center. The Rs850 billion ($10 billion) makeover is set to propel Ayodhya from a tranquil town to a global religious and spiritual tourism destination.
The centerpiece of this transformation is the newly constructed Ram temple, which comes at a cost of US$225 million (Rs18 billion). This iconic structure is expected to be a driving force behind the surge in tourism, prompting increased economic and religious migration to Ayodhya. This influx of visitors is anticipated to benefit multiple sectors, including hotels, airlines, hospitality, FMCG, travel ancillaries, and cement industries.
Furthermore, significant infrastructure upgrades are underway to facilitate and enhance tourism in Ayodhya. The operational phase of a new airport, with a cost of US$175 million, is a crucial component of this effort. Additionally, the railway station has been upgraded, doubling its capacity to accommodate 60,000 passengers per day. Plans for a 1,200-acre greenfield township and improved road connectivity further signify a concerted effort to transform Ayodhya into a tourism hub.
Looking ahead, with additional domestic capacity and an international terminal expected by 2025, Ayodhya is poised to emerge as a key player in India's tourism landscape. The comprehensive transformation of Ayodhya reflects a visionary approach to harnessing the economic potential of religious tourism while setting a robust template for future infrastructural growth in the broader tourism sector.
Authors
Mahesh Nandurkar
India Equity Strategist
+91 22 4224 6120
EQUITY RESEARCH
Jefferies Asia Equity Research
January 2024
Abhinav Sinha
India Equity Analyst
+91 22 4224 6121
Nishant Poddar
India Equity Strategist
+91 22 4224 6165
Kevin Verghese
India Equity Strategist
+91 22 4224 6303
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