India world’s 7th largest tourism economy Says WTTC

Posted on 9 Apr 2018

As per the data, by WTTC the travel and tourism sector generated Rs 14.1 trillion (USD208.9 billion) in 2016, which is the world’s  7th largest economy and the sum is equivalent to 9.6% of India’s GDP.

Additionally, the new report says that the tourism sector created 40.3 million jobs in 2016, which ranks India 2nd in the world in terms of total employment generated. The sector accounts for 9.3% of the country’s total jobs.

David Scowsill, President, and CEO, WTTC, said-

“India is a tremendous Travel and Tourism economy, and I am pleased to see the sector GDP is growing. However, we believe that these numbers could be even higher and that the positive impact of our sector could be more wide-ranging. India has a huge potential to increase its international visitors and, in doing so, it can create more jobs and drive economic growth”.
He added, “We encourage the Indian government to continue to adopt policies that encourage the tourism in India”.

Therefore, it's a great advantage for those who are working in travel and tourism sector and also for those who wish to make their career in travel and tourism sectors.

Source "
economictimes"

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