Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
Economy

India's travel spend to grow to $136 billion by 2021

Updated : April 16, 2019 04:14 PM IST

According to the "How Does India Travel" report, the Indian traveller spent around $94 billion in 2018 on around 2 billion domestic and international trips, thus, helping India's travel and tourism industry achieve unprecedented scale. 
The report indicates a 12 percent growth in transportation ($50 billion) and 13 percent growth in lodging ($21 billion) and consumption, which includes spends on shopping, recreation and food, to grow at 13 percent ($65 billion) over the next three years.
India's travel spend to grow to $136 billion by 2021
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV