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

 

Posters

Brand India Pharma

TRAVEL AND TOURISM COMPANIES IN INDIA

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

+ More >

Brand India Pharma

IBEF Publications

IBEF Publication

India Now Magazine


India Now Business and Economy

English

+ More Publications >

IBEF Publication

Blog – Perspectives on India More

Powered by the Who's Who of India

author_Anu_P._Mathai_photo_1_-_mobile_photo_1.jpg The organic spice route
Anu P. Mathai, IES, Chief Executive Officer, IBEF

Organic farming has been witnessing rising popularity across markets, in tandem with the growing concerns related to intensive farming and an overdependence on agrochemi...

author_anurag-bio1.png Inching towards modern loyalty
Mr Anurag Saxena, General Manager – India, ICLP

ICLP India has been helping major domestic and international brands to formulate and execute customer engagement strategies and drive loyalty programmes for over eight ye...

praveen-roy.png Huge potential of skill creation in tourism and hospitality sector in India
Mr. Praveen Roy, CEO, Tourism & Hospitality Skill Council

India attracted close to 80.16 lakh foreign tourists in 2015. Many international and domestic hotel chains are focusing on expansion in India. Mr. Praveen Roy, CEO, Touri...

author_Anu_P._Mathai_photo_1_-_mobile_photo_1.jpg Trade dashboard: One-stop shop for India’s trade related data
Anu P. Mathai, IES, Chief Executive Officer, IBEF

The Ministry of Commerce and Industry has recently launched the new enhanced dashboard on foreign trade data...

author_Almirah1.jpg Reinventing traditional Indian fashion with a modern twist
Aditi Bajpai, Co-Founder & Designer, Almirah

How connecting with Indian crafts and silhouettes is making room for new business models

Almirah, a conscious clothing and bedding label for chi...

author_Anu_P._Mathai_photo_1_-_mobile_photo_1.jpg India’s economy: On a strong foundation
Anu P. Mathai, IES, Chief Executive Officer, IBEF

India's core sector output index grew by 5 per cent year-on-year at 176.1 in September 2016, as compared with 3.2 per cent year-on-year growth recorded in August 201...

ideas More

Ideas

Redesigning the financial landscape
With unwavering focus on low operating cost and high efficiency, Vortex Engineering has developed a reliable and secure range of ATMs that have changed the face of banking in India. Efforts such as these assume more significance in the wake of the recent demonetisation drive by the government and help..

JOIN IBEF.org

Join IBEF.org now. Enjoy FREE subscriptions downloads, updates and more.

Error

Already a member?
Login / Retrieve Password