Trade Analytics
Tourism and Hospitality
The World Travel and Tourism Council forecasts Indian tourism sector to grow at annual average growth rate of 7 per cent over the next ten years.

Growth of Tourism and Hospitality Industry - Infographic

Latest update: December, 2016

Rising contribution to India's GDP

  • Tourism in India accounts for 7.5 per cent of the GDP and is the third largest foreign exchange earner for the country
  • The tourism and hospitality sector’s direct contribution to GDP in 2016, is estimated to be US$47 billion
  • The direct contribution of travel and tourism to GDP is expected to grow at 7.2 per cent per annum, during 2015 – 25, with the contribution expected to reach US$160.2 billion by 2026
Growth

Rising contribution to India's GDP

  • The sector’s total contribution to GDP is expected to increase to US$ 136.2 billion by the end of 2016 and is expected to further grow to US$ 280.5 billion by 2026
  • The total contribution of travel and tourism to Indian GDP is forecasted to increase by 4.97 per cent per annum to US$ 280.5 billion by 2025 (7.2 per cent of GDP)
Growth

 

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Brand India Pharma

TRAVEL AND TOURISM COMPANIES IN INDIA

Approximately 8000 years old, India is the world's oldest surviving civilsation.

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