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
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