Tourism Industry
USEFUL INFO
CURRENT INDUSTRY STATUS
- GDP Contribution: Reached over US$ 250 billion, cementing a strong post-pandemic recovery.
- Domestic Surge: Domestic tourist visits hit record multi-fold highs, driven by rising middle-class disposable incomes.
- Inbound Recovery: Foreign tourist arrivals and foreign exchange earnings are rapidly approaching pre-2019 peaks.
- Digital Adoption: High integration of digital infrastructure like UPI and DigiYatra streamlines travel.
FUTURE GROWTH POTENTIAL
- Vision 2047 Target: Aiming for a $3 trillion tourism economy and 100 million inbound arrivals by 2047.
- Destination Overhaul: Developing 50 top tourist destinations via challenge mode through state partnerships.
- Niche Segments: Rapid expansion in medical tourism ($16B by 2030) and sustainable eco-tourism.
- Infrastructure Push: Backed by Union Budget allocations and inclusion of hotels in the Harmonized Master List.