According to the World Travel and Tourism Council, WRO, the Travel and Tourism Industry in India contributed INR1,165.4 bn or US$24.2 bn directly, amounting to 2.2% to GDP, in 2009. This is expected to rise to INR3,345.3 bn or US$61.0 bn by 2019. Including indirect contributions, the revenues should grow from INR3,239.4 bn or US$67.3 bn to INR10,274.1 bn or US$187.3, amounting to 6% of the GDP, during the same 2009-2019 period.
The Travel & Tourism economy is expected to grow by 7.7% per annum during 2010 to 2019. The tourism industry employed 31.1 million people in 2009, amounting to 6.4% of total employment. That is One in every 15 jobs. By 2019, this number will be 1 in every 14 jobs or a total of 40 million jobs, amounting to 7.2% of total employment.
Tourism Industry employed INR1,484.6 bn, US$30.9 bn in 2009, amounting to 7.3% of total investment. By 2019, this number will be INR5,183.4 bn, US$94.5 bn or 7.1% of all investments.
Government of India spent 1% of its total spend on tourism, for the year 2009; amounting to INR62.4 bn (US$1.3 bn). Government spend will increase to US$709.3 bn, or 4.0% of total government spend.
Forecasts for Indian Tourism | 2009 | 2019 | ||||
---|---|---|---|---|---|---|
INR bn | % of Total | Growth | INR bn | % of Total | Growth2 | |
Personal Travel & Tourism | 1,690.10 | 5 | 6 | 5,284.90 | 5.2 | 7.6 |
Business Travel | 363.7 | 0.7 | -4.2 | 1,140.10 | 0.7 | 7.6 |
Government Expenditures | 62.4 | 1 | 12.9 | 174.2 | 1 | 6.4 |
Capital Investment | 1,484.60 | 7.3 | -0.1 | 5,183.40 | 7.1 | 8.8 |
Visitor Exports | 597.6 | 4.4 | -4 | 1,643.00 | 2.4 | 6.2 |
Other Exports | 214.3 | 1.6 | 2.2 | 1,176.10 | 1.7 | 13.8 |
T&T Demand | 4,412.70 | 6.1 | 1.5 | 14,601.70 | 5.9 | 8.2 |
Direct Industry GDP | 1,165.40 | 2.2 | 0.6 | 3,345.30 | 1.9 | 6.7 |
T&T Economy GDP | 3,239.40 | 6 | 0.2 | 10,274.10 | 6 | 7.7 |
Direct Industry Employment3 | 12,875.00 | 2.7 | 0.8 | 15,952.20 | 2.9 | 2.2 |
T&T Economy Employment | 31,104.80 | 6.4 | 0 | 40,037.40 | 7.2 | 2.6 |
From the Incredible India Statistics for 2008, here are some quick facts:
Year | Foreign Exchange Earnings in INR Billion |
---|---|
1996 | 100.46 |
1997 | 105.11 |
1998 | 121.5 |
1999 | 129.51 |
2000 | 156.26 |
2001 | 150.83 |
2002 | 150.64 |
2003 | 207.29 |
2004 | 279.44 |
2005 | 331.23 |
2006 | 390.25 |
2007 | 443.6 |
2008 | 507.3 |
2009 | 246.93 |
Year | Foreign Tourist Arrivals (Millions) |
---|---|
1996 | 2.29 |
1997 | 2.37 |
1998 | 2.36 |
1999 | 2.48 |
2000 | 2.65 |
2001 | 2.54 |
2002 | 2.38 |
2003 | 2.73 |
2004 | 3.46 |
2005 | 3.92 |
2006 | 4.45 |
2007 | 5.08 |
2008 | 5.37 |