INDIAN TOURISM INDUSTRY AT A GLANCE IN 2019 - 2020 As of 2019, 4.2 crore jobs were created in the tourism sector in India which was 8.1 per cent of total employment in the country. In 2019, FEEs (Foreign Exchange Earnings) were US$ 29.96 billion registering a growth of 4.8 per cent year-on-year and reached US$ 5.40 billion during January-February 2020.
According to WTTC (World Travel and Tourism Council), India ranked third among 185 countries in terms of travel and tourism’s total contribution to GDP in 2019. India was ranked 34th in the Travel and Tourism Competitiveness Report, 2019 published by the World Economic Forum.
Market Size
During 2019, foreign tourist arrivals (FTAs) in India stood at 10.89 million, achieving a growth rate of 3.2 per cent year-on-year. During January-February 2020, Foreign Tourist Arrivals (FTAs) were 21,33,782.
In 2019, a total of 29,28,303 tourist arrived on e-Tourist Visa registering a growth of 23.6 per cent.
As of 2019, 4.2 crore jobs were created in the tourism sector in India which was 8.1 per cent of total employment in the country. The number is expected to rise by two per cent annum to 52.3 million jobs by 2028. The Government of India is working to achieve one per cent share in world's international tourist arrivals by 2020 and 2 per cent share by 2025.
Industry Investments
India is also the third largest globally in terms of investment in travel and tourism with an investment of US$ 45.7 billion in 2019, accounting for 5.9 per cent of national investment.
During the period April 2000-December 2019, the hotel and tourism sector attracted around US$ 14.42 billion of FDI, according to the data released by Department for Promotion of Industry and Internal Trade (DPIIT).
