Preview

Tourism Industry in India (Nov 2006)

Powerful Essays
Open Document
Open Document
2406 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Tourism Industry in India (Nov 2006)
Tourism Industry in India (Nov 2006)

Contents

• Introduction
• Incredible India
• Boom Time
• Economic Growth Engine
• India on the World Map
• The scene till now
• Govt Policies and Initiatives
• Open Eyes- Open Arms
• Challenges
• Conclusion
• References

Introduction

It is boom time for India 's Tourism and Hospitality sector. Driven by a surge in business traveller arrivals and a soaring interest in India as a tourist destination, the year 2006 has been the best year till date.

Incredible India !!
India is probably the only country that offers various categories of tourism. These include history tourism, adventure tourism, medical tourism (ayurveda and other forms of Indian medications), spiritual tourism, beach tourism (India has the longest coastline in the East) etc.
Explore India - choose the locales of your choice, and see what each state has to offer. Lose yourself in the wonder that is India. Meander through lands steeped in chivalry and pageantry that begin before recorded history. Explore modern cities that have grown organically from the roots of a multi-hued past. Make a pilgrimage to holy shrines that echo with tales of antiquity. Frolic on a vast array of golden beaches that dot an enviable coastline, washed by two seas and an ocean. Sport with adventure in style. Let the jungle lure you to a fascinating world at a diverse array of wildlife sanctuaries and national parks....... this is the wonder that is India.

Indian Tourism industry is one of the most important export industries of the country. Although the international tourist inflow is relatively low, India has found tourism emerging as an important sector of its economy.

Tourism yields substantial foreign exchange for India. It is turning into a volume game where a large number of participants are contributing to the revenue of the industry. Segments such as hotels, tour operators, airlines, shipping etc., are significant contributors to this



References: • www.incredibleindia.com • http://www.traveldailynews.com/subcat.asp?subcategory_ID=98 • www.medical-tourism-india.com • www.indiacore.com/tourism2.htm • http://www.economywatch.com/business-and-economy/index.html

You May Also Find These Documents Helpful

  • Powerful Essays

    Fdi Policy of Germany

    • 4784 Words
    • 20 Pages

    According to CESD, 2007 Tourism is becoming one of the largest business sector in the world showing 2005 receipt of international tourism reaching $6.82 trillion. Club Mahindra performs in service industry where revenue produced in 2008 by service industry was $4,028.6 billion showing CAGE OF 6.3% from 2004-08. (Datamonitor, 2009)…

    • 4784 Words
    • 20 Pages
    Powerful Essays
  • Good Essays

    Hotel industry in India has witnessed tremendous boom in recent years. Hotel industry is linked to the tourism industry, and the growth in the Indian tourism industry has fuelled the growth of hotel industry.…

    • 2869 Words
    • 12 Pages
    Good Essays
  • Good Essays

    Breakthrough Marketing

    • 4132 Words
    • 17 Pages

    This essay draws a light to a very important sector running as an industry and playing major roles in changing the economic scenario and modifying the cultural, religion, regional and social perception of the residents of the world. It is said that “The world is a small place” and this has been proven by the changes in human wants and their wish to see each corner of the world. To fulfil their wish they travel and this gave birth to one of the most dynamic, practical and challenging industry which is tourism Industry. When it comes to Tourism, it is almost impossible to not look at the emerging economies which have ancient history ties and one of such blend is found in the golden bird and one of the strongest and oldest care takers of human history “INDIA”. This essay will absorb all the concepts of tourism marketing in relation to heritage Tourism in India. This paper will try to make the practical link between theoretical knowledge of tourism.…

    • 4132 Words
    • 17 Pages
    Good Essays
  • Powerful Essays

    Tourism is of vital importance to many countries because it represents a fundamental source in its overall balance of payments and for many developing countries it is one of the few activities that have the possibility of becoming a competitive business contributor to their economical development.…

    • 2489 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    India has been an important tourist destination in the world with its share in global FTAs increasing to 0.58% in 2009 from 0.49% in 2005. The FTAs in India were at 5.58 mn in 2010 growing at a CAGR of 7.7% between 2000 and 2010, much higher than the growth of 3.3% witnessed in the global cross-border tourism industry during the same period.…

    • 504 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    15. Outbound tourism market from India grows: Four emerging trends, Malini Goyal, ET Bureau, The Economic Times, Apr 14, 2013…

    • 3741 Words
    • 15 Pages
    Best Essays
  • Better Essays

    Tourism is not only a growth engine but also an export growth engine and employment generator. According to the Economic Survey 2011-12 the sector has capacity to create large-scale employment both direct and indirect, for diverse sections in society, from the most specialized to unskilled workforce. It provides 6-7 per cent of the world’s total jobs directly and millions more indirectly through the multiplier effect, as per the UN’s World Tourism Organization. Since tourism does not fall under a single heading in India’s National Accounts Statistics, its contribution has to be estimated. Its contribution to GDP and employment in 2007-08 was 5.92 per cent respectively as per Tourist Satellite Account Data.…

    • 3274 Words
    • 14 Pages
    Better Essays
  • Good Essays

    1. Generating Income and Employment: Tourism in India has emerged as an instrument of income and employment generation, poverty alleviation and sustainable human development. It contributes 6.23% to the national GDP and 8.78% of the total employment in India. Almost 20 million people are now working in the India’s tourism industry.…

    • 692 Words
    • 3 Pages
    Good Essays
  • Best Essays

    TMA1 Cheung Man Chung

    • 2271 Words
    • 10 Pages

    Bhatia, Arjun Kumar. The business of tourism: concepts and strategies. New Delhi: Sterling Publisher Private Limited, 2006. Print.…

    • 2271 Words
    • 10 Pages
    Best Essays
  • Good Essays

    Indian Hotel Industry

    • 712 Words
    • 3 Pages

    Hotel Industry in India has witnessed tremendous boom in recent years. Hotel Industry is inextricably linked to the tourism industry and the growth in the Indian tourism industry has fuelled the growth of Indian hotel industry. The thriving economy and increased business opportunities in India have acted as a boon for Indian hotel industry. The arrival of low cost airlines and the associated price wars have given domestic tourists a host of options. The 'Incredible India' destination campaign and the recently launched 'Atithi Devo Bhavah' (ADB) campaign have also helped in the growth of domestic and international tourism and consequently the hotel industry.…

    • 712 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Tourism is a very unique sector in the market as it is very different from the other sectors yet combines all of them together. As we know tourism is the inflow of people from one country to another it sells an idea of the beauty, culture and the rich history of one nation, unlike any other service provided. Touring another country is an emotional, mental and psychological experience which a tourist takes back with him. Other sectors provide goods and services which can be physically used. Marketing tourism helps capturing the imagination of the people and to attract them towards visiting a country or a region. Tourism is a global phenomenon as traveling is a major part of it. Because tourism involves movement of people between borders (international travel). tourism provides foreign exchange to the home country without exporting anything and helps regional businesses to grow.it provides more stable earnings in the country compared to any other industry. There are many different characteristics of tourism. Leisure and recreation are the main reasons why people travel, other important reasons are healthcare and education. For example thousands of students come to established universities in the…

    • 1970 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Tourism in India

    • 1108 Words
    • 5 Pages

    There are some parts of the world that once visited get into your heart and won’t let go. For me India is such a place when I first visited, I was stunned by the richness of the land by its lush beauty and exotic architecture by its ability to overload its senses with the pure, concentrated intensity of its colors, smells, tastes and souls. It was as if all my life I was seeing the world in black and white and when brought face-to-face with India, experienced every thing rendered in brilliant Technicolor. - Keitlt Bellows…

    • 1108 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Tourism in India

    • 4923 Words
    • 20 Pages

    Tourism in India is a large industry. The World Travel and Tourism Council calculated that tourism generated $121 billion or 6.4% of the nation's GDP in 2011. It was responsible for 39.3 million jobs, 7.9% of its total employment. The GDP of the tourism sector has expanded 229% between 1990 and 2011. The sector is predicted to grow at an average annual rate of 7.7% in the next decade.[1] In a 2011 forecast the World Travel and Tourism Council predicted the annual growth to be 8.8% between 2011 and 2021. This gave India the fifth rank among countries with the fastest growing tourism industry.[2] India has a large medical tourism sector which is expected to grow at an estimated rate of 30% annually to reach about ₹ 9,500 crore by 2015.[3]…

    • 4923 Words
    • 20 Pages
    Good Essays
  • Powerful Essays

    hospitality

    • 1252 Words
    • 5 Pages

    The Indian tourism and hospitality industry has emerged as one of the key drivers of growth among the services sectors in India. Tourism in India is an employment generator and a significant source of foreign exchange for the country, apart from being an economic activity that helps local and host communities. In 2013, the travel and tourism industry contributed Rs 2.17 trillion (US$ 36 billion) or 2 per cent to the country's gross domestic product (GDP). This is expected to rise to Rs 4.35 trillion (US$ 72.17 billion) in 2024.…

    • 1252 Words
    • 5 Pages
    Powerful Essays

Related Topics