Valued at over 50,000 crores, tourism is the largest service industry in India, with a contribution of 6.23% to the national GDP and 8.78% to the total employment in India. In 2011, more than 8 million Indians enjoyed their holidays abroad, while more than 560 million holidayed in India itself. Moreover, the country witnessed a whopping 5 million foreign tourist arrivals in the same year.
According to the World Travel and Tourism Council, India will be a global tourism hotspot from 2012 to 2018. Interestingly, most of the foreign tourists spend more in India than in any other country across the globe and tourist arrivals in India are expected to escalate by 22 percent each year. With the booming domestic tourism, the writing is clear on the wall. Tourism industry will continue to expand and achieve meteoric growth rates over the next decade.
Clearly, tourism is one of the most exciting industries to be in, both as a corporate and as a budding entrepreneur. Come, partner with us, the undisputed industry leader, to take advantage of the immense opportunities on offer for a mutual growth.