Published on : Wednesday, September 11, 2019
The Indian Government is quite busy promoting the tourism industry in the country. The tourism industry has huge potential in the country. There is a chance to generate large number of job opportunities in this sector. Also, there is good news for the government in this direction. India has jumped in the Global Travel and Tourism Competitiveness Index.
In this, India has leaped six places up to 34th place. This ranking was at the 40th position in the year 2017, which now stands at 34. The main purpose for this is the affluence of the country in regards to natural and cultural resources and being very competitive in terms of price.
As per the report, India, which has one of the major shares regarding travel and tourism GDP (GDP) in South Asia, remains the most viable travel-tourism economy in the subcontinent. The ranking of India has improved six places to 34 in the last few years. China, Mexico, Malaysia, Thailand, Brazil and India may not have high-income economy but are among the top 35 countries in the cultural resources and business travel segment.
The prime reason for this is their abundant natural and cultural resources and competitive price. In terms of sub-segments, India positions 33rd in the Better Environment segment, 28th in basic and port infrastructure, 51st in international acceptance, 14th in natural beauty and 8th in cultural resources segment. 140 countries of the world are included in this competition index.