With a rich culture, ancient monuments, and mesmerizing natural beauty, India is one of the leading tourist destinations in the world. This holds true not only for foreign tourists, but also for the increasingly monied middle-class of the country who are spending more time and money than ever before on domestic travel. In 2021, the domestic expenditure on tourism was around 150 billion U.S. dollars. The collective government spending on the tourism sector is expected to reach 5.65 billion dollars by 2028.
The cost of tourism
It comes as no surprise that out of the most visited monuments in India, the Taj Mahal in Agra ranks number one for both foreign as well as domestic tourists. Along with these popular tourist destinations, travellers are also exploring many other destinations in the country, like the pristine high-altitude plains of Leh and Ladakh or the lush green north-eastern forests. It now remains to be seen whether and how well the country manages to balance the influx of people with its efforts for the historical sites and natural resources conservation.
Total contribution of travel and tourism to GDP in India from 2013 to 2023
(in billion U.S. dollars)
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India Brand Equity Foundation. (June 23, 2023). Total contribution of travel and tourism to GDP in India from 2013 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/313724/total-contribution-of-travel-and-tourism-to-gdp-in-india-by-segment/
India Brand Equity Foundation. "Total contribution of travel and tourism to GDP in India from 2013 to 2023 (in billion U.S. dollars)." Chart. June 23, 2023. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/313724/total-contribution-of-travel-and-tourism-to-gdp-in-india-by-segment/
India Brand Equity Foundation. (2023). Total contribution of travel and tourism to GDP in India from 2013 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/313724/total-contribution-of-travel-and-tourism-to-gdp-in-india-by-segment/
India Brand Equity Foundation. "Total Contribution of Travel and Tourism to Gdp in India from 2013 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 23 Jun 2023, https://www.statista.com/statistics/313724/total-contribution-of-travel-and-tourism-to-gdp-in-india-by-segment/
India Brand Equity Foundation, Total contribution of travel and tourism to GDP in India from 2013 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/313724/total-contribution-of-travel-and-tourism-to-gdp-in-india-by-segment/ (last visited November 03, 2024)
Total contribution of travel and tourism to GDP in India from 2013 to 2023 (in billion U.S. dollars) [Graph], India Brand Equity Foundation, June 23, 2023. [Online]. Available: https://www.statista.com/statistics/313724/total-contribution-of-travel-and-tourism-to-gdp-in-india-by-segment/