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Indian Tourism Industry Set to Grow
May 26, 2009

Indian tourism industry is expected to grow in the coming years with the increase in both inbound and outbound tourism in the country.

According to the projections made by the Pacific Asia Association (PATA), India will witness over 5.5 Million overseas tourist arrivals in 2009, as reported by BusinessLine.

Furthermore, India is expected to receive more than 5.9 Million overseas tourists in 2010 while the figure will exceed 6.3 Million in 2011. The average annual growth rate in the number of international tourist arrivals to the country is predicted to be 5.85% during 2007-2011 and 7.46% during 2009-10.

On the other hand, Singapore, the US and Malaysia are the leading Asia-Pacific travel destinations for the outbound tourists from India. More than 8,00,000 tourists from India are likely to visit Singapore in 2009, over 6,69,000 are anticipated to travel to the US and in excess of 6,25,000 are predicted to opt for Malaysian destinations. This upsurge in the number of Indian tourists to Singapore, the US and Malaysia will continue till 2011, however Malaysia is likely to leave the US behind to become the second most popular tourist destination in the Asia-Pacific region among Indians. 

Around 64% of the outbound tourists from India travel with the purpose of sightseeing whereas the remaining look forward to explore new destinations, and visit friends and relatives. 

There are several positive factors that support the growth in the Indian travel and tourism industry, like the consumption-driven economy or enthusiastic population keen to discover the world. Environment, nature, art and culture are some of the important factors that are considered by tourists while opting for a particular destination. And as India is rich in all these aspects, it is poised to boom in coming times.

Besides, the growth in outbound tourism from India is largely due to the increasing disposable income because of which more and more Indians are flying to overseas destinations for business or leisure. Asian countries, in particular, are the most popular tourist destinations among Indians. 

Strategically positioned with the traditional as well as the new attractions focusing upon active tourism retreats, eco-tourism, soft adventure, island retreats and driving holidays will prove crucial in drawing tourists from India.

According to a Research Analyst at RNCOS, “The figures are supporting an upsurge in both the inbound and outbound tourism of India, amid the global recession. Although growth rates may turn slow, overseas tourist arrivals to the country will remain positive.”

Related Market Research Reports:
Turkey Tourism Industry Forecast to 2012
Vietnam Tourism Industry Forecast to 2012
Opportunities in Singapore Tourism Industry (2007-2009)