India’s tourism and hospitality industry is poised for a major expansion, with the sector expected to generate about 100 million additional direct jobs by 2047, up from around 45 million currently, according to the Federation of Associations in Indian Tourism and Hospitality (FAITH). The industry body estimates that tourism could contribute Rs. 284.13 lakh crore (US$ 3 trillion) per year to the economy by 2047, compared with Rs. 23.68 lakh crore (US$ 250 billion) in 2025. It also projects forex earnings could rise to Rs. 42.62 lakh crore (US$ 450 billion) by 2047, from Rs. 3.00 lakh crore (US$ 31.69 billion) in 2025.
According to FAITH Chairman Mr. Puneet Chhatwal, the biggest growth opportunity for India lies in attracting a larger share of foreign tourists, even as domestic travel remains strong. He called for greater international marketing, stronger promotions and a wider push to develop integrated tourist ecosystems across the country. The industry is also seeking faster infrastructure-led support through airport expansion, improved road and rail connectivity, and better access to tourist destinations. FAITH noted that India’s tourism potential remains underutilised despite its vast cultural, spiritual and natural assets, including thousands of places of worship, 43 UNESCO sites and a long coastline. The federation said the government’s focus on developing top tourist destinations through mission-mode projects can help unlock stronger growth, improve global visibility and support year-round tourism demand across emerging and established destinations.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.