Published on : Thursday, June 2, 2022
A research carried on by the World Travel & Tourism Council has brought to the fore that the contribution of travel and tourismfor the economy of Indiais expected to exceed the levels of the times before the pandemic, registering a YOY progression of 20.7%.
The WTTC’s newest Economic Impact Report says that the contribution of travel and tourism to India’s economy might go up to almost Rs. 15.9 trillion this year, which is 1% more than the levels of 2019.
Levels of work are expected to produce nearly 35 million travel & tourism jobs, marking a growth of 8.3% this year.
India’s travel & tourism’s GDPin the next decade is anticipated to develop at an average of 7.8% on a yearly basis, as compared to 6.7% of the overall economy of India, reaching nearlyRs. 33.8 trillion,signifying 7.2% of the economy as a whole.
As per the prediction, the travel and tourism sector is anticipated to…