Monday, 1 June 2015
Indian Travel & Tourism Horoscope 2015
India’s Feat Is Likely To Shoot Up By 7.5%
According to a report by the World Travel and Tourism Council, the Indian Travel and Tourism is forecasted to see a growth of 7.5% in 2015, owing to the new visa reforms. This spurt is exceeding the growth predicted for the South Asian region, by 0.6%.
This clearly indicates that the industry which contributed 7.64 trillion rupees and 36.7 million jobs to the Indian economy is likely to keep the Tour Operators in Delhi NCR busy. It is expected that there will be steep flight of 8.22 trillion rupees of India’s GDP and approximately 37.4 million jobs. The report states that India has a good potential to benefit from visa reforms, in addition to the infrastructure improvements under new government.
Well, this again makes the situation vivid and hopeful that investment in the sector will rise by 9.3% by the end of this year. Wow, a good deal of increment!
India is a developing country, and due to its rich culture and heritage, it has been able to grab a lot of attention for its Domestic Tour Packages.
On the other hand, a lot of Indians have started picking up International Tour Packages for their vacations to explore the beauty of different countries and their culture. This ultimately throws light on one point, that we might be probably missing out on, is gradually the likeability of travelling and exploring different places have increased significantly.
Overall, it seems several thumbs up for India’s travel and tourism industry. Now, that one quarter of the year is over, let us just wait and watch what next three have in their womb.
- TravelSpider is an IATA and TAAI approved Travel Agent in Delhi NCR