This research report gives an in-depth analysis of the present and future prospects of the Indian tourism industry. It looks into the Indian tourism industry in detail with the focus on different tourism markets within India and upcoming market segments.
Commencing with a slow growth at the start of the millennium, the Indian tourism industry has performed quite well in the last couple of years. The Indian tourism industry has out performed the global tourism industry in terms of growth in the volume of international tourists as well as in terms of revenue. The World Travel and Tourism Council (WTTC) has named India along with China as one of the most fastest growing tourism industries for the next 10 to 15 years.
The key driver for this growth in the Indian tourism industry has been a fast growing economy for the last 3-4 years. Despite lagging in the basic infrastructure that supports the tourism industry, Indian tourism industry has been showing an impressive double-digit growth. In order to sustain this growth and meet the expectations, it is essential for the Government of India to invest in infrastructure such as transport and accommodations.
The expected growth of the industry in future has provided its players with an opportunity to invest in new technologies such as CRM tools and latest security systems, and to venture into new market segments such as Cruise tourism where India has negligible share in comparison to world cruise tourism market. On the flip side, the growth in the Indian tourism sector is accompanied by the imminent destruction of local ecology and an increase in pollution, which, in the long run, is going to negatively impact the tourism industry of India.
REPORT HIGHLIGHTS
- Global tourism industry scenario with regional performances
- Asia-Pacific tourism Industry
- Position of Indian tourism industry with respect to the world
- Analysis of different market segments and their performance with charts and graphs, forecast and opportunity and challenges faced by the Indian tourism industry
- Recent trends and developments in tourism industry in India.
- Key driving forces in the Indian tourism industry
- Company analysis of the major players in the Indian tourism industry.
REPORT FEATURES
The report “Indian Tourism Industry Outlook (2006)” by RNCOS gives an insight into the emerging trends and future forecasts regarding the Indian tourism industry. There are different aspects that this report discusses in detail. Chapter 1 covers the global tourism industry scenario with a focus on the key figures of the top three tourist destinations of the world. Chapter 2 focuses on the Asia-Pacific tourism industry while chapter 3 puts India in perspective with the global tourism industry. Chapter 4 discusses the Indian tourism market in detail with a focus on different market segments. Chapter 5 and 6 discusses the government role in the development of the tourism industry in India and the key forces that are driving the Indian tourism industry. Discussion of opportunities, key challenges and emerging trends are given in Chapters 7 and 8 respectively. Chapter 9 gives forecasts for different markets in the Indian tourism industry and chapter 10 gives the profiles of major tourism development corporations in India. Finally, chapter 11 provides detailed informationabout the key players in the Indian tourism industry.
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