Inbound-Tourism-Journals
Travel &
Tourism sector outpaced the worldwide economic process for the eighth consecutive year in 2018 and grew at 3.9% during the year – higher the global GDP growth of 3.2%. The sector contributed USD 8.8 trillion to the worldwide
economy and accounted for 319 million jobs, like one in every ten jobs. The scale of growth and importance of the sector is also evident from the fact that one in five of all new jobs created in the world over the last five years has been in travel & tourism. The sector has also been an integral part of India’s growth story,
accounting for 9.2% of India’s GDP and 42.7 million jobs in 2018. MICE and Wedding, among others are a key attraction for domestic and foreign tourists. Strong domestic demand and economic process , price competitive offerings, infrastructure development, and emergence of new destinations and niche
tourism products will still drive the expansion of the industry within the near future. The Government has been actively working towards tapping plethora of opportunities available in the sector to actualize its true potential. Several initiatives such as rapid implementation of Swadesh Darshan and PRASHAD schemes, E-Visa for citizens from 166 countries for visit to India through 28 international airports and 5 sea airports and Adventure
Tourism Guidelines, among others including promotional activities such as Incredible India 2.0 campaign and India
Tourism Mart 2018 have immensely benefited the world. Going forward, there is a greater need for the Government and the private sector to collaborate for successful conceptualization and implementation of developmental initiatives for the sector. The industry has to collectively work with the Government towards thematic development of the destinations and skilling of local communities. There is also a need for intervention in conservation and promotion of our natural resources, heritage and traditional arts & culture. Technology can be a key enabler and play a critical role in unprecedented growth of the sector.
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