Indian Tourism booming by the trillions
U.S., April 30 -- A new report shows that the systematic growth, maintenance, and sustainable development of tourism destinations for India, as well as focus on promoting the emerging avenues of tourism, will be essential towards unlocking the nation's true tourism potential.
In a FICCI-Yes Bank Report titled "India Inbound Tourism: Unlocking the Opportunities" highlights India as a tourism powerhouse. The sector has generated USD 247.3 billion (INR 16.91 trillion) in 2018, with a growth of 6.7% and accounted for 9.2% of the total economy. Currently, it is the 8th largest country in terms of contribution to travel and tourism GDP and the largest market in South Asia. By 2029, the Indian tourism sector is likely to grow at 6.7% per annum ...
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