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India's tourism potential needs to be tapped: Economic Survey II

Total market size of Indian tourism & hospitality sector is expected to touch $418.9 billion by 2022

Press Trust of India  |  New Delhi 

India to host 9 mn foreign tourists
This is the first time the government has come out with the second part of the economic survey in a financial year to assess the growth and outlook of the country

has a huge untapped potential and a lot more needs to be done to make the country a major tourist destination and earner from the sector, the said today.

The survey said although India's ranking in the 'Travel and Competitiveness Index 2017' has improved 12 places to 40th position globally among 136 countries, it is way behind others in and hygiene, security concerns, and tourist service infrastructure, among others.


As per industry estimates, the total market size of Indian and stood at $117.7 billion in 2014 and is expected to touch $418.9 billion by 2022.

"Thus a goldmine of an opportunity awaits to be tapped," the first ever mid-year released today said.

The survey further said India's share in (ITA) is a paltry 1.1 per cent with a rank of 24 compared to the 7.1 per cent of which ranks 1st in 2015. ranks fourth with a share of 4.8 per cent.

earnings from during 2016 were $22.9 billion with a growth of 8.8 per cent over 2015, the survey tabled in today said citing data from Ministry of

This is the first time the government has come out with the second part of the in a financial year to assess the growth and outlook of the country. The first part was out in January this year.

Laying out factors that make an attractive destination, the survey said: "continues to charm international tourists with its vast cultural and natural resources."

Other areas which add to the potential includes price competitiveness advantage and international openness which is up by 14 places reflecting the implementation of both visas on arrival and e-

First Published: Fri, August 11 2017. 21:33 IST
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