Tourism and Hospitality

Tourism and Hospitality

The Indian tourism and hospitality industry has emerged as one of the key drivers of growth among the services sectors in India. In 2013, the travel and tourism industry contributed Rs 2.17 trillion (US$ 36 billion) or 2 per cent to the country's gross domestic product (GDP). This is expected to rise to Rs 4.35 trillion (US$ 72.17 billion) in 2024.

Urban Market

Urban Market

India’s young urban demography is today an attractive market for foreign investors, and with the Indian government’s willingness to invest in urban development, the segment’s future looks good. India’s urban population is projected to increase from 340 million in 2008 to 590 million in 2030.


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