Discover the Wonders of Incredible India on World Tourism Day Tourism and Hospitality are among India's biggest service industries and have an incredible impact on the country's development and success. Following are some Government initiatives to boost the Industry. 1. 100% FDI is allowed through the automatic route in tourism construction projects, including developing hotels, resorts, and recreational facilities. 2. As of 2021-2022, the Ministry of Tourism has identified 20 iconic sites in the country for development under the Iconic Tourist Sites Development Project and proposes to carry out the development of these sites in collaboration with various central ministries, state governments, urban local bodies, local community and Industry players/private sector. 3. Ministry of Tourism has set up a web-based public delivery system to recognize Travel Trade Service Providers and classify hotels. The plan aims to ease the application process for Travel Trade Service Providers seeking recognition from the Ministry and ensure transparency in the approval process. #india #indiapictures #indianfood #tourismindustry #FDI #travelindustry
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Commenting on the initiative, Rajiv Mehra, President, Indian Association of Tour Operators (IATO), said, "Anything that is done to promote tourism, we wholeheartedly welcome it. However, the reality is that we need to do strong marketing in foreign destinations to get more tourists to visit India. It is fallacious to believe that one NRI visiting India would draw in six more tourists from that country and like LLM marketing, this chain will grow. We need to rope in Destination Management Companies and foreign tour operators and get them to market us. Unfortunately, none of this is happening, and this has led us to not even reaching March 2020 levels in terms of foreign tourist arrivals." https://lnkd.in/gXaMYS5b #iatoindia #tourismgoi #incredibleindia
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Is government is doing fair to Tourism Industry in India ? India, with its rich cultural tapestry, diverse landscapes, and historical landmarks, has emerged as a sought-after destination for global travelers. The influx of tourists not only enriches the country's cultural fabric but also plays a pivotal role in bolstering its Gross Domestic Product (GDP). But in 2021, the travel and tourism industry in India contributed around 178 billion U.S. dollars to the country's GDPTourism in India is 4.6% of the country's gross domestic product (GDP). Unlike other sectors, tourism is not a priority sector for the Government of India. Forbes magazine ranked India as the 7th most beautiful country in 'The 50 Most Beautiful Countries In The World' rankings. India ranked 54th in the travel and tourism development index in 2021. The ranking and scoring was based on the industry's enabling environment, policies, infrastructure, demand drivers, and sustainability. India has lots of potential to growth in the coming years. Proper branding and marketing have to be done of the tourists destination that are untapped till today. INR 1644 crores has beenearmarked for the development of tourism infrastructure, including an outlay of INR 1181.30 crore for the Swadesh Darshan Scheme. Which means India spending about USD 200 millions for approx USD 200 billion industry. In the journey of USD 5 Trillion Economy. One this major sector can't ditch and ignore this sector. #tourismindustry #tourismmarketing #newindia #newideas
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Managing Director Of DEV Tours Pvt Ltd & Vice President- GATE (Global Association Of Tourism Experts) Founder Of Dream Events - Thailand
The story of predictions #IncredibleIndia Industry Scenario of Tourism in India vision “MANO YA NA MANO” time will tell ..:. Government of India envisions $56 Bn forex, creating around 140 Mn jobs in tourism by 2030 through inclusive growth and particularly focusing on cruise tourism, ecotourism and adventure tourism. The Indian Tourism sector ranks among the fastest-growing economic sectors in the country. The industry significantly impacts employment and drives regional development, while also creating a multiplier effect on the performance of related industries. By 2028, India's tourism and hospitality industry is projected to generate revenue of over $59 Bn. Additionally, Foreign Tourist Arrivals (FTAs) are anticipated to reach 30.5 Mn by 2028.
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We are pleased to share our recent report titled " Navigating Horizons: The Rise and Future of Indian Outbound Tourism" in association with FICCI. Our report gives a detailed look at the rapidly growing Indian outbound tourism market. It covers its current state, economic impact, and future trends, highlighting key factors driving this growth, such as rising disposable incomes, improved connectivity, and a growing middle class. Our report was presented and released by Ahetesham Khan, Executive Director – Sports, Media , Entertainment & Tourism Advisory during the 3rd Outbound Tourism Summit in association with FICCI in a event held in New Delhi. The event also witnessed the participation of Seitenov Darkhan, Deputy Ambassador, Embassy of the Republic of Kazakhstan to New Delhi, India| Priyanga Wickramasinghe, Deputy High Commissioner of Sri Lanka to New Delhi, India| Amb. Mary M. Mutuku, Deputy High Commissioner of Kenya to New Delhi, India| Ankush Nijhawan, Chairman, FICCI Outbound Tourism Committee & Co-Founder, TBO.com & MD, Nijhawan Group and Dr. Jyotsna Suri, Past President, FICCI & CMD The Lalit Suri, Hospitality Group, along with other esteemed experts from industry. This report dives deep into the expanding sector, focusing on key trends, economic impacts, and future forecasts. Our research indicates that India's outbound tourism sector is experiencing rapid growth. According to the report, spending is anticipated to surge from USD 18.82 billion in 2024 to a remarkable USD 55.39 billion by 2034. The report reveals that wellness tourism, adventure travel, and niche tourism sectors are on the rise. Indian travellers now seek personalized and unique experiences beyond traditional tourism. As technology and digital platforms continue to influence travel planning, the market is expected to grow even more in these areas. Here are some glimpses of the event and media clippings, echoing about our report. https://lnkd.in/gcV2GMKr Click here to access the report: https://lnkd.in/gnqS-Bpv #outboundtourism #researchpaper #teamnangianxt Suraj Nangia (ACA , LLM, CMAA , GMP) | Ahetesham Khan
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Navigating New Waters: Lakshadweep’s Rising Tide Of Opportunity The recent developments in Lakshadweep mark a significant moment in the evolution of Indian tourism. With Prime Minister Narendra Modi's inspiring visit and his initiative to encourage exploration within India, Lakshadweep is quickly transitioning from an undiscovered gem to a global tourism hotspot. What stands out in this transformation is not just the increasing influx of tourists but the emerging opportunities for sustainable growth and investment. Industry giants like The Indian Hotels Company Limited (IHCL) are at the forefront, indicating a new wave of development that honours the unique ecological balance of these beautiful islands. The challenge now lies in managing this momentum with responsibility and foresight. The development strategies for Lakshadweep must strike a balance between the needs of the local communities and environmental sustainability. This goes beyond merely boosting tourism; it's about forging a future where economic progress, cultural integrity, and ecological stewardship coexist. Lakshadweep is poised to set an example of how tourism can be a positive force. The hospitality and tourism industry professionals are now called upon to discuss and contribute to this vision, aiming to shape a sustainable and inclusive future for Indian tourism. Let's hear your perspectives on this exciting development. #Lakshadweep #IndianTourism #SustainableDevelopment #InvestmentOpportunities #TourismIndustry https://lnkd.in/gTTPpqC8
Navigating New Waters: Lakshadweep's Rising Tide of Opportunity
spectrahospitality.com
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In the spotlight: Indian tourism! Is this the shining moment for Indian tourism? India's travel and tourism sector is poised for a transformative leap. Projected to become the fifth-largest market in outbound travel with an expenditure of USD 89 billion by 2027, India's journey from its current 10th position signifies a monumental shift in the global travel landscape. Investments in infrastructure, innovative government initiatives, and the burgeoning role of the domestic traveller all bode well for Indian tourism. The recent focus on developing smart cities, developing religious spots and putting the spotlight on undiscovered gems, are increasing the appeal for India as a tourist destination. And this growth in tourism has a bigger impact. India's tourism sector has emerged as a substantial driving force for the economy. As per 2023 estimates, the tourism industry contributed about USD 199.3 billion (INR 16.5 trillion) to the Indian GDP, with expectations of reaching USD 512 billion by 2029. Today, the sector employs 15.34% of the entire nation’s workforce and by 2029, this industry is expected to account for 53 million jobs. In the latest issue of the Create Wealth newsletter I have delved into this topic and covered - 1. Evolution of the tourism industry 2. The current landscape 3. Factors driving the growth of Indian tourism 4. Government initiatives that are bolstering Indian tourism If you found this interesting, subscribe to the Create Wealth newsletter (LINK IN COMMENTS) to get access to interesting stories on investments, finance, and business every Sunday. #tourism #tourismindustry #createwealth
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Meghalaya Tourism has set an aspirational target of INR 12000 Crore by 2028 with 20 Lakh visitors which means a per capita spend per trip of around INR 60,000 (USD 700-750) and about 400% increase from the 2022 levels. As per the recent report by UNWTO, Indian Tourists are among the world’s highest spending globetrotters with an average spend of USD 1200 per visit. If we exclude the impact if airfare, the target expenditure of USD 750 is very well achievable. This can only be possible if Meghalaya position itself distinctively among the NER states as a tourism destination to be at the apex of socio-ecological sustainability by focusing on enhancing the tourism spend and stay duration through meaningful experiences rather than number of visits. Today, I believe, destinations need to encourage the motto - “Travel Less, Stay Longer”. #meghalaya #sttc #travellessstaymore
Meghalaya tourism to grow to INR 12,000 crore, annual footfall to reach 20 lakh by 2028: Official - ET HospitalityWorld
hospitality.economictimes.indiatimes.com
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Head of Performance Control & Operation (Owner Rep. Office - Vinpearl Jsc.) for Melia Vinpearl Hotels/Visiting Lecturer at Pegasus International College
Vietnam's tourism sector is booming, with a significant rise in visitors from India! Vietnam’s tourism sector is thriving, with Indian visitors surging 312% above pre-pandemic levels in H1 2024! Direct flights and our country's stunning landscapes, rich culture, and welcoming hospitality are attracting more Indian tourists, including luxury travelers booking entire 5-star hotels for weddings. With India's outbound travel spending expected to reach $45 billion by 2025, this market holds immense potential. Tailored experiences for diverse Indian tourist groups can further boost Vietnam's appeal. Exciting times ahead for Vietnam-India tourism ties! https://lnkd.in/g5xt4VEm #VietnamTourism #IndiaTourism
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Significant Growth: Odisha Records 104% Increase In Foreign Tourist Arrivals In 2023 Odisha’s inbound tourism sector has seen a remarkable resurgence, with foreign tourist visits (FTV) in 2023 surging by 104.2% compared to 2022. According to a statement presented in the Lok Sabha, the state welcomed 45,173 foreign visitors in 2023, a significant increase from the 22,121 recorded in 2022. This growth rate was determined by applying the all-India growth rate for 2023/2022 to the 2022 data. In 2021, the tourism sector in Odisha was severely impacted by the COVID-19 pandemic, resulting in only 2,269 foreign visitors. However, 2022 marked a strong recovery for the state, with an 875% increase in foreign tourist arrivals and a 110% rise in domestic tourist visits. The footfall of domestic tourists grew to 7,867,909 in 2022, up from 3,742,221 in 2021. While presenting the Budget for 2024-2025, Union Finance Minister Nirmala Sitharaman highlighted Odisha’s attractions, including its scenic beauty, temples, craftsmanship, and wildlife. She emphasized that the government aims to leverage these assets to attract even more visitors to the state. This impressive rebound reflects Odisha’s potential as a major tourist destination, offering rich cultural heritage and natural beauty to both domestic and international travelers.
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Kerala Tourism Unveils 'Mission 2030' Master Plan at Keraleeyam Seminar Kerala's Tourism Minister, Mr. P A Mohamed Riyas, announced plans to develop a comprehensive master plan, named 'Mission 2030,' for the tourism sector in the coming year. Speaking at a seminar on tourism as part of Keraleeyam, Mr. Riyas revealed that this master plan would encompass policies and recommendations aimed at increasing tourism's contribution to the state's GDP from its current 12 percent to 20 percent. Regarding dry days, the Minister stated that a decision would be made after discussions with the Excise Minister. Mr. Riyas emphasized that in 2024, Kerala Tourism's primary focus would be to attract private investment on a larger scale, acknowledging that the government alone cannot achieve the goal of elevating the state's global tourism presence. #keralatourism #tourismindiamagazine #tourismindia #keralatourismofficial #keraleeyam2023 #incredibleindia #MissionKerala2030 #keralagodsowncountry #KeralaTourismIndustry #tourismindustry #travelindustry #hospitalityindustry https://lnkd.in/g5deHd2T
Kerala Tourism Unveils 'Mission 2030' Master Plan at Keraleeyam Seminar - tourismindia.org
https://tourismindia.org
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