Growth Trend in Exotic Indian Tourism Industry

This post will give you an overview of tourism industry in India, its growth and its contribution in to the country’s economic growth.

India, the ancient cultural cradle of the world, fascinates tourists from every corner of the world. Even we Indians are not fully aware of the beauty our country has like our ancient cities, temples, minarets, mosques, gardens, lakes, mountains and a lot more. The most popular tourist destinations in India are Central India, The North Eastern states, Calcutta, Mumbai, New Delhi, Khajuraho, and Goa, where Rajasthan, due to its wide range of cultural and ethnic diversities, is the paradise for the foreign tourists.

Tourism is a growing industry in India that accounts for the larger section of foreign earnings for our nation. In recent years, the industry has been severely affected because of the factors terrorism and the troubling situation in Kashmir. The earning through tourism in India was dropped below than USD 1.5 billion and so the tourism traffic, that only accounted for 0.5 percent of the total traffic of the world.

Unlike past few years, 2009 has shown a sign of improvement in foreign tourist inflow. This has led the industry to contribute nearly USD 67.3 billion to gross domestic product this year, which is expected to rise above USD 187.3 billion by 2019. According to Mr Sujit Banerjee, the Tourism Secretary of India, foreign tourist arrival targets is expected to cross six million this year. Also, a 24 per cent increase was observed in foreign exchange earnings (FEE) as compared to previous years. Tourism revenue is expected to grow by 42 percent from 2007 to 2017. After witnessing the positive growth for the first time in 2009, the tourism ministry has planned to develop three niche products, which are wellness tourism, caravan tourism and helipad tourism this year.

Apart from drawing foreign revenue to the country, Indian tourism industry is being utilized as a well-planned tool to facilitate international understanding and enabling building of cultural horizons in a broader way. The Government of India has already initiated to achieve such objectives by offering attractive packages to foreign tourists. It has also organized road shows in major markets of the globe such as the UK, Canada, Australia, Singapore and Malaysia. Within first two years of the introduction of 11th Five Year Plan, the ministry has sanctioned projects worth USD 14.27 million.

Also, the Tourism ministry is focusing on the safety and security of the tourists through awareness programs and ad campaigns to entice more visitors. It is constantly making an appeal to Indian public to take care of their guests with the true spirit of ‘Atithi Devo Bhava’. India is moving towards its destination of tourists’ main attraction spot from the phrase ‘Incredible India’. Other services like travel guides, roads, air-travel, catering, sanitation, transportation and telecommunication are being operated from professional grounds. This would boost the tourism industry as well as the economy of the country.

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