India’s Travel and Tourism to create 1.6 million new employments in 2023

Tuesday, June 27, 2023

India’s Travel & Tourism sector is very close to reaching its pre-pandemic peak in the current year, according to the World Travel & Tourism Council’s (WTTC) 2023 Economic Impact Research (EIR), and is experiencing a strong recovery.

During her statement at the G20 Summit in India, Julia Simpson, President and CEO of WTTC, praised the sector’s resiliency, stating that it is expanding at double the pace of GDP not only in India but also across all G20 countries, according to VisaGuide.World news.

According to WTTC data, the Travel & Tourism sector would contribute INR 16.5 trillion to the Indian economy this year, which is just 3.5 percent less than the contribution made in 2019 before the pandemic.

According to the same source, India’s travel and tourism sector is predicted to create nearly 1.6 million new employments this year. This increase in employment creation will enable the industry to reclaim nearly all of the jobs lost as a result of the COVID-19 pandemic, raising the overall number of employees in the sector to about 39 million.

As a consequence, one in every thirteen people in India will be working in the Travel & Tourism business.
In terms of tourism expenditure, the report predicts that overseas visitors would spend more than INR two trillion in India. Furthermore, domestic visitor spending is expected to exceed INR 12.6 trillion.

« Back to Page

• Hamburg Airport Returns to Profitability, Surpasses Expectations with 6.6% Growth

• Hospitality Sector Thrives: Nairobi Emerges as Hub for Growth at 11th EAPI Summit

• Singapore Airlines Group soars to new heights with dual wins at 2024 Air Transport World Awards

• Zhangjiajie expects rebound in tourists from South Korea this year

• Faith-based travelers key to Israel’s post-crisis comeback