Indian Tourism and Hospitality Industry Analysis

In FY20, 39 million jobs were created in the tourism sector in India, which was 8.0% of the total employment in the country.

Advantage India

Robust
Demand

* The medical tourism sector is predicted to increase at a CAGR of 21.1% from 2020-27.

* The travel market in India is projected to reach US$ 125 billion by FY27 from an estimated US$ 75 billion in FY20.

* International tourist arrivals are expected to reach 30.5 million by 2028.

Attractive
Opportunities

* Government is providing free loans to MSMEs to help them deal with the crisis and revive the economy, including the tourism sector.

* Post the pandemic crisis, the government plans to tap into regional tourism by opening doors for South Asian country tourists.

Policy
support

* In October 2021, the Government of India announced plan to resume inbound tourism from November 15, 2021, which is expected to lend a major boost to the tourism sector in India.

* In the Union Budget 2022-23, an additional US$ 316.3 million was earmarked for Ministry of Tourism.

Diverse
Attractions

* India offers geographical diversity, attractive beaches, 37 World Heritage sites, 10 bio-geographic zones, 80 national parks and 441 sanctuaries

* The country’s big coastline is dotted with several attractive beaches.

Last updated: Nov, -0001

Tourism and Hospitality India

  • Goa
  • Jammu & Kashmir
  • Ladakh
  • Rajasthan
  • Uttar Pradesh
  • Maharashtra
Tourist Spots in India

Posters

MORE

ANCIENT AND RICH

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

IBEF Campaigns

MORE
Experience India - Dubai Expo 2020

Experience India - Dubai Expo 2020

From the small towns and districts of India come the big-hearted artists wh...

Geographical Indicators of India

Geographical Indicators of India

The Geographical Indications Registry is set up for administration of the G...

Case Studies

MORE

India's Climate Vision

India's Climate Vision

Climate change and global warming are the biggest threats of the present time and how the world manages to control pollution will define our future. R...

Gati Shakti Programme

Gati Shakti Programme

Infrastructure is crucial to the development of any economy. Roads, railways, airways, and waterways enable connectivity with the outside world, facil...

DIGITAL PAYMENTS AND THEIR IMPACT ON THE INDIAN ECONOMY

DIGITAL PAYMENTS AND THEIR IMPACT ON THE INDIAN ECONOMY

India has a huge potential for digital payments. As of October 2021, the country had around 1.18 billion mobile connections, 700 million Internet user...

IBEF BLOG

MORE
India – Global hub of Therapy
18 May 2022

India – Global hub of Therapy

Introduction India has one of the oldest healthcare systems in the world, ...

India's AR/VR Market
18 May 2022

India's AR/VR Market

Introduction Advanced technology is gaining prominence across the globe, e...

India's Energy Transition and Innovation Collaboration
11 May 2022

India's Energy Transition and Innovation Collaboration

Introduction The global coal power generation nearly doubled during 2005&n...

Loading...