Business

India’s Travel & Tourism Sector Poised For 7% Growth Over Next Decade: Julia Simpson

According to World Travel & Tourism Council (WTTC) President and CEO Julia Simpson, India’s travel and tourism sector will likely grow at an impressive rate of 7% over the next decade, offering substantial opportunities for economic development.

In a video message to the India Travel & Tourism Sustainability Conclave 2025, Simpson highlighted the sector’s rising importance, noting that travel and tourism currently contribute 7% to India’s GDP.

“In India, 7 percent of the Indian economy depends on travel and tourism. The global number is 10 percent, and I know the way India is growing at the moment that you will soon be getting to that sort of number,” she stated.

Simpson further asserted, “The large numbers we talked about it was worth about 230 billion US dollars, and what was interesting is, over the next 10 years, we’re expecting travel and tourism in India to grow by 7 percent. This is an extraordinary growth opportunity.”

She also commended Prime Minister Narendra Modi for his significant investments in the sector, recognizing the transformative potential of travel and tourism for communities and individuals across India.

However, Simpson also stressed the need for sustainable practices, pointing out that 4.8% of India’s greenhouse gas emissions stem from the travel and tourism sector.

On a positive note, she pointed out that India is reducing its ‘carbon intensity’ at a faster rate than the global average, with a 13% decrease in emissions.

Simpson’s remarks underscored both the growth prospects and environmental responsibility that lie ahead for India’s travel and tourism industry.

Also Read: India Set To Operate Youngest Aircraft Fleet In Five Years, Say Aviation Leaders

Bharat Express English

Recent Posts

Bareilly Disturbances Spark Heated Debate; Acharya Pramod Krishnam Calls For Peace And Law Enforcement

After the Bareilly unrest, Acharya Pramod Krishna urges peaceful devotion, criticises political leaders, and lauds…

4 hours ago

Prime Minister Modi Condoles Loss Of Lives After Karur Rally Incident In Tamil Nadu

Prime Minister Narendra Modi expresses condolences over the Karur rally tragedy in Tamil Nadu, offering…

5 hours ago

Muslim Rashtriya Manch’s Delhi Convention Charts New Course For Muslim Leadership And National Unity

The Muslim Rashtriya Manch hosts a landmark convention in Delhi, charting a path for leadership,…

6 hours ago

CJI BR Gavai To Launch Mediation Discussions At National Conference In Odisha

Chief Justice of India (CJI) BR Gavai will inaugurate the Second National Mediation Conference 2025…

8 hours ago

PM Modi’s 4G Push To Link Over 11,000 Gujarat Villages; Says CM Patel

PM Modi launches BSNL’s indigenous 4G network; Gujarat to get 4,000+ towers connecting remote tribal…

8 hours ago

GST Reforms & Citizen-First Infrastructure Reflect Commitment To Citizens: PM Modi

PM Narendra Modi on Saturday said that measures such as GST simplification and citizen-first infrastructure…

8 hours ago