As the seventh largest market in the travel industry, the sector is expected to grow by up to 11-11.5 per cent to $48 billion by 2020, with domestic air travel leading the charge, And the WTTC report predicts that the number of jobs dependent on travel will rise from 42.9 million in 2018 to 52.3 million in 2028.
Gloria Guevara, President & CEO of the WTTC, said “Travel & Tourism creates jobs, drives economic growth and helps build better societies. This is particularly clear in India which is forecast to be one of the fastest-growing tourism economies in the world over the next decade adding 10 million jobs and hundreds of millions of dollars to the economy by 2028.”
Guevara went on to say how this increase comes because of government initiatives to push the international appeal of the nations as a holiday hot spot.“Particularly, we recognise the introduction of e-Visa for 163 countries and the launch of Incredible India 2.0 Campaign with major improvement in the marketing and PR strategy.
“Looking to the future, India can strategically lead travel facilitation within the SAARC region by introducing a standard technological solution, modern technology and biometrics. This will enhance the travel and tourism economies in the region”. She added.
