The Tourism Industry In India

When we talk about the tourism industry in India, we cannot deny it is one of the largest sectors which contribute towards the growth. The sector provides a number of job opportunities and even helps people to experience a happy living. For those people who don’t have a fixed career they usually join this league as they believe this is a beneficial business.

Contribution In The GDP

The travel and tourism industry has made a contribution which is around 208.9 billion U.S. dollars to GDP in India in 2016 – this accounted for near about9.6 percent of India’s total GDP. India had the second highest total tourism GDP contribution in Asia- Pacific, behind China in 2016. India's contribution was actually more than double that of Thailand which the third largest travel and tourism had input. The industry also has a substantial effect on employment in India. In 2016, the sector directly offered more than 25.4 million jobs to people which is quite a great amount.


Huge Market

In 2015, there were around 8.03 million international tourist arrivals in India. This was a large increase from the 2.65 million seen just 15 years before in 2000. The largest source market for visitors to India was the United States, followed by Bangladesh and the United Kingdom. Outbound travel from India is also on the increase: just about 1.1 million Indian nationals traveled to the U.S. in 2015. This figure was expected to rise to 1.41 million in 2020. Europe is also quite popular, with 2.4 million Indian tourists traveling there in 2016. 



Foreign Tourist Arrivals in India (FTAs)

Accommodation prices in India have been going quite low in recent years. The average daily rate of hotels has observed the lowest price in a decade in 2016, at 85 U.S. dollars. Despite the falling ADR, the occupancy rate of the hotel industry in India has remained constant over the last ten years at around 60 percent annually. 

Talking about the leading source countries of foreign tourist arrivals (FTAs) in India was in the year 2015. The United States was the largest cause of foreign tourist arrivals in India in 2015, which were approximately around 1.21 million visitors.

When we want to observe the major increase of tourist in India, it was actually observed in 2013, as the number of tourist arrivals to India increased by 5.9 percent over the previous year.


Revenue Of India From International Tourism

Even if we talk about India's revenue from international tourism it actually raised from 21.01 billion U.S. dollars in 2015 to 22.43 billion in 2016 which shows quite a major change.

Thus to maintain the growth it is quite vital that Indian government continue to take on policies that encourage travelers, such as the new visa regime, allow investment in vital infrastructure, and offer companies to do business. India is a beautiful and diverse tourism destination, with the right policies in place it will no disbelief carry on to grow towards ranking even higher in terms of its tourism economy.  So, government should keep aiming towards this sector as it can provide a steady growth to the country’s development.