LONDON, 4 April 2018: India’s tourism industry and related business will create a massive increase in job opportunities, the latest World Travel & Tourism Council data suggests.
WTTC says tourism related jobs will increase from 42.9 million in 2018 to 52.3 million in 2028, almost 10 million jobs in just a decade
India is currently the seventh largest travel and tourism economy in the world.
Overall, the total contribution of the sector to the economy was INR 15.2 trillion (USD 234 billion) in 2017, or 9.4% of the economy once its direct, indirect and induced benefits are taken in to account.
This is forecast to more than double to INR32 trillion (US$492 billion) by 2028.
WTTC president & CEO, Gloria Guevara 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.
“There are some extremely proactive steps which have been introduced by the government to increase international visitors and to position itself as a destination of choice among travellers worldwide. 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.
“While the country-wide change to GST is a welcome move, the Indian Government could consider looking again at the GST level in the hospitality sector to make it more competitive with other countries in the region.
“Indian airlines have booked 900 plus new aircrafts to add capacity and expand operations over next couple of years. However, airport capacity remains an issue, so we would recommend greater adoption of secondary airports across cities with multimodal connectivity between the existing and secondary ones for better passenger facilitation.”
Every year WTTC produces the definitive research into the economic impact of Travel & Tourism across 185 countries and 25 regions.