Business

India’s Travel And Tourism Industry To Reach ₹22 Trillion In 2025, Says WTTC

India’s travel and tourism industry is on a strong growth path, with its economic contribution expected to hit ₹22 trillion in 2025, up from ₹21 trillion in 2024.

The World Travel & Tourism Council (WTTC) attributes this rise to booming domestic and international travel.

In 2025, domestic spending is projected to reach ₹16.8 trillion, while international visitor spending may hit ₹3.2 trillion.

By 2035, the WTTC forecasts the sector’s value could nearly double to ₹42 trillion, creating 16 million new jobs. This would take total sector employment to over 64 million, showing its crucial role in India’s economy.

Domestic & International Travel Driving Momentum

WTTC President and CEO Julia Simpson, speaking in New Delhi, said India’s travel and tourism industry is well-positioned to grow into one of the world’s most dynamic tourism economies.

She pointed to India’s heritage, nature, and innovation as key assets. She also highlighted the role of small and medium-sized enterprises in driving community-level tourism growth.

Simpson noted global travel shifts amid geopolitical issues, adding that international travel to India is breaking records. She called for greater investment in marketing and infrastructure to maintain competitiveness.

Aviation Sector Powers Tourism Growth

At the IATA Annual General Meeting, IndiGo CEO Pieter Elbers said India presents a ‘beautiful opportunity’ for aviation.

IndiGo plans to add 10 new international destinations and introduce business class on select routes in 2025.

The airline is also investing ₹1,100 crore in a Bengaluru MRO facility, which will create 750 jobs.

Airbus, recognising India’s value, noted that all its commercial aircraft have components made in India.

IndiGo and Air India remain among Airbus’s top three global customers.

PM Narendra Modi has outlined a plan to expand the number of Indian airports from 157 to 400 by 2047, reinforcing India’s aviation ambitions.

Also Read: India’s Quick Commerce Market To Reach $57 Billion By 2030, Says Morgan Stanley

Ajaypal Choudhary

Recent Posts

Fitness Coach Raj Ganpath Reveals Simple Way To Meet Daily Protein Goals Without Stress

Fitness coach Raj Ganpath shares an easy way to meet daily protein goals by reducing…

13 hours ago

PM Modi Receives Grand Welcome In Varanasi Ahead Of Flagging Off Four New Vande Bharat Trains

PM Modi arrives in Varanasi to a grand welcome ahead of launching four new Vande…

13 hours ago

Tributes Paid To Late Rajesh Rai In Ghazipur’s Sherpur Kala

Leaders, journalists, and community members pay heartfelt tributes to late social worker Rajesh Rai, elder…

14 hours ago

PM Modi Claims Grand Alliance Has ‘Lost Steam’ After First Phase Of Bihar Polls

Prime Minister Narendra Modi targets the RJD-Congress alliance during the Bihar polls, claiming the Grand…

15 hours ago

PIB Warns Against Fake Video Claiming Nirmala Sitharaman Endorsed ₹21,000 Investment Scheme

PIB Fact Check debunks a fake video claiming Finance Minister Nirmala Sitharaman endorsed a ₹21,000…

15 hours ago

Google’s AI Can Now Book Your Concert Tickets And Dinner Reservations For You

Google’s upgraded AI Mode now lets users book event tickets and restaurant tables directly through…

16 hours ago