The tourist business in India is witnessing unprecedented growth, particularly in the aftermath of the global pandemic, and the country is on track to become the fourth-largest global spender in the travel sector by 2030, with total expenditures expected to reach a remarkable $410 billion. This is a tremendous 173 percent growth over pre-Covid times in 2019, when Indian travelers spent a total of $150 billion, ranking India sixth in the world.
India will be paving the way in tourism expenditure recovery in 2022, hitting 78% of 2019 levels. This remarkable recovery greatly outperformed the Asian average of 52%. As a result, the number of aggregate journeys is expected to skyrocket, rising from 2.3 billion in 2019 to 5 billion by 2030. Indian tourists are increasingly looking outside of their country for their next vacation. Vietnam, Indonesia, and Nepal have all made gains in the top ten. India’s tourism business is on the rise, with new experiences, places, and opportunities for visitors. As the country’s tourism industry expands, it will help not only the local economy but also give travelers different and interesting experiences. With Indian travelers’ eagerness to explore and discover, the future of India’s tourism industry is brigh.
