Travel and Tourism sector has a bright future in India: WTTC Report

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A large tropical country, India is well known for its diverse climatic features. It has become one of the world’s most promising tourist destinations, and welcomes a large number of visitors each year. Undoubtedly there is an unlimited scope of tourism in India which would definitely bring up the economic growth of the country.

Over the last 25 years, India has experienced a dramatic growth of tourism over the last 25 years and it is one of the most remarkable economic changes.

The inflow of tourists has a long lasting socio-economic impact on the host economy and community. India is the 12th most attractive tourist destination in the Asia-Pacific by the report of world economic forum.

India’s travel and tourism sector ranks 7th in the world in terms of its total contribution to the country’s GDP, according to a new report of the World Travel and Tourism Council (WTTC).

According to data, the travel and tourism sector generated Rs 14.1 trillion (USD208.9 billion) in 2016, which is world’s 7th largest in terms of absolute size; the sum is equivalent to 9.6% of India’s GDP.

Additionally, the sector created 40.3 million jobs in 2016, which ranks India 2nd in the world in terms of total employment generated. The sector accounts for 9.3% of the country’s total jobs.

India’s Travel and Tourism sector was also the fastest growing amongst the G20 countries, growing by 8.5% in 2016. A further 6.7% growth was forecast for 2017.

WTTC said India’s figures are predominantly generated by domestic travel, which accounts for 88% of the sector’s contribution to GDP in 2016.

The latest data provided by WTTC’s country analysis for India suggest that while the global economy grew at 2.5% in 2019, the tourism sector grew at 3.5%. In India, travel and tourism made up 6.8% of the country’s GDP. India’s travel and tourism industry grew at 4.5%, with the sector contributing to as much as 8% of the employment opportunities created during the year. International tourism amounted to 17% of the country’s travel and tourism income for the year 2019.

The future of India Tourism industry is increasing year by year. India offers many tourism packages to the visitors. India is the only country that offers different categories of tourism.

The Indian government took efforts to encourage different kinds of tourism in India. India shows an exponential growth in tourism industry because of the support given by the government.

The tourists can enjoy different kind of tourism. They are:

  • Eco Tourism
  • Health Tourism
  • Adventure Tourism
  • Cultural Tourism
  • Heritage Tourism
  • Wildlife Tourism

Only in India the tourists can enjoy all these kinds of tourism together. The survey according to FICCI (Federation of Indian Chambers of Commerce and Industry) states that there is a very bright future for the tourism industry in India.

India has always been known for its diverse climate, hospitality, uniqueness etc this is the reason why India has been doing well in all types of tourism in India.

David Scowsill, President and CEO, WTTC, said: “India is a tremendous Travel and Tourism economy and I am pleased to see the sector GDP is growing. However, we believe that these numbers could be even higher, and that the positive impact of our sector could be more wide-ranging.

India has a huge potential to increase its international visitors and, in doing so, it can create more jobs and drive economic growth.”

Last modified: April 8, 2020

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