Indian Tourism Industry










HEADLINES:  

Indian Tourism Industry INDIAN TOURISM INDUSTRY AT A GLANCE IN 2021 - 2022 Indian Tourism Industry


Tourism is an important source of foreign exchange in India The covid pandemic took a heavy toll on the Indian Tourism Industry just like it did across the globe. However post covid things started looking up, particularly in 2021-2022.

2021-2022 Indian Tourism Industry
About 39 million jobs were created in the tourism sector in India, which was 8.0% of the total employment in the country last year alone.

India ranked 10th among 185 countries in terms of travel & tourism’s total contribution to GDP.


Tourism Forecast

By 2028, Indian tourism and hospitality is expected to earn US$ 50.9 billion as visitor exports compared with US$ 28.9 billion in 2018. The travel market in India is projected to reach US$ 125 billion by FY27 from an estimated US$ 75 billion in FY20. The Indian airline travel market was estimated at about US$ 20 billion and is projected to double in size by FY27.

The Indian hotel market including domestic, inbound and outbound was estimated at about US$ 32 billion in 2021 and is expected to reach to about US$ 52 billion by FY27. By 2028, international tourist arrivals are expected to reach 30.5 billion and generate revenue over US$ 59 billion.

Indian government has estimated that India would emerge with a market size of 1.2 million cruise visitors by 2030-31.

Indian Tourism  INDIAN tourism INDUSTRY AT A Glance IN 2020 - 2021

Indian Tourism  INDIAN tourism INDUSTRY AT A Glance IN 2019 - 2020

Indian Tourism  INDIAN tourism INDUSTRY AT A Glance IN 2018 - 2019

Indian Tourism  INDIAN tourism INDUSTRY AT A Glance IN 2017 - 2018

Indian Tourism  INDIAN tourism INDUSTRY AT A Glance IN 2016 - 2017

Indian Tourism  INDIAN tourism INDUSTRY AT A Glance IN 2015 - 2016

Indian Tourism  INDIAN tourism INDUSTRY AT A Glance IN 2014 - 2015

Indian Tourism  INDIAN tourism INDUSTRY AT A Glance IN 2013 - 2014

Indian Tourism  INDIAN tourism INDUSTRY AT A Glance IN 2012 - 2013

Indian Industry  back to tourism INDUSTRies