Rising contribution to India’s GDP
- Tourism in India accounts for 7.5 per cent of the GDP and is the third largest foreign exchange earner for the country.
- The tourism and hospitality sector’s direct contribution to GDP in 2016, is estimated to be US$47 billion.
- The direct contribution of travel and tourism to GDP is expected to grow at 7.2 per cent per annum, during 2015 – 25, with the contribution expected to reach US$160.2 billion by 2026.