The Tourism and Hospitality industry is one of the largest service industries in India.
The tourism sector in India is an integral pillar of the Make in India programme. The tourism industry in India plays a role of significant economic multiplier and becomes critical since India has to grow at rapid rates and create jobs.
Tourism Industry is one of the largest employers of women workforce.
India offers geographical diversity, world heritage sites and niche tourism products like cruises, adventure, medical, eco-tourism, etc. Incredible India has spurred growth in Tourists Arrivals and Employment. India aims to increase cruise passenger traffic from 0.4 Mn at present to 4 Mn. Economic potential of Cruise tourism is expected to go up from $110 Mn to $5.5 Bn in the years to come.
Tourism tends to encourage the development of multiple-use infrastructure including hotels, resorts & restaurants, transport infrastructure (aviation, roads, shipping & railways) and healthcare facilities. 13th in terms of Visitor exports, WTTC (2020).
India is currently ranked 54th in World Economic Forum’s Travel & Tourism Development Index (2021).
By 2030, India is expected to be among the top five business travel market.
100% FDI in the tourism industry is allowed under automatic route.
100% FDI allowed in tourism construction projects, including the development of hotels, resorts, and recreational facilities
For further details, please refer FDI Policy
Share in World Tourist Arrivals (2021)
Share in International Tourism Receipts (2021)
- $ Bn
Foreign Exchange Earnings (FEEs) (2021)
Visitor exports, WTTC (2021)
4th in terms of Domestic visitor spending, WTTC (2021)
6th in terms of Travel & Tourism total contribution to GDP, WTTC (2021)
54th on the World Economic Forum Travel & Tourism Development Index (2021)
- Industry Scenario
- FOREIGN INVESTMENT
- INDUSTRY TRENDS
- POLICIES & SCHEMES
$512 Bn contributions to India's GDP by 2028 and 53 Mn jobs by 2029.
India is estimated to contribute 250 Bn USD GDP from Tourism, 137 Mn jobs in the Tourism sector, $56 Bn in Foreign Exchange Earnings and 25 Mn foreign arrivals are expected to be achieved by 2030.
By 2028, Indian tourism and hospitality is expected to earn $50.9 Bn as visitor exports compared with $ 28.9 Bn in 2018. International tourist arrivals are expected to reach 30.5 Mn by 2028
The travel market in India is projected to reach $125 Bn by FY27 from an estimated $75 Bn in FY20.
In FY20, tourism sector in India accounted for 39 Mn jobs, which was 8.0% of the total employment in the country. By 2029, it is expected to account for about 53 Mn jobs.
It is estimated that outbound trips from India will touch 29 Mn by 2025 and cross the $24 Bn mark by 2024.
Over the last 8.5 years, India has built extensive tourism infrastructure worth approximately $1 Bn (INR 7,000 Cr) to improve tourist experience.
Union Budget 2023 Highlights:
- 50 tourist destinations will be selected through challenge mode to be developed as a whole package for domestic and international tourism.
- 50 additional airports, heliports, water aerodromes, advanced landing grounds will be revived to improve of regional air connectivity.
Incredible India campaign
Extending international tourism business in India
E-Tourist VISA facility
E-visa facility extended to 156 Countries under 5 sub-categories i.e ‘e-Tourist visa’, ’eBusiness visa’, ‘e-medical visa’, ‘e-Medical Attendant Visa’ and ‘e-Conference Visa’
More than half of the Ministry of Tourism’s budget is channelised for funding the development of destinations, circuits, mega projects as well as rural tourism infrastructure projects.
Economical treatment, quality healthcare infra & highly skilled doctors
Promote intra-regional trade among Indian Ocean Rim (IOR) countries
Industrial Land Bank Portal
GIS - based map displaying available infrastructure for setting up business operations in the state.
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Invest India closely works with
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