Potential of Indian Tourism

 


 

India is one of the oldest civilizations in the world with a kaleidoscopic variety and rich cultural heritage. During the past 65 years of its independence, it has made socio-economic growth. In agricultural development, India has become self-sufficient and is now one of the world's top developed countries and one of the few nations to have entered outer space to conquer nature for the good of the planet.


The Indian tourism and hospitality industry


The Indian tourism and hospitality industry has evolved as one of the crucial drivers of economic growth and development in the country. Tourism is an integral pillar of the Make in India program. India provides geographical diversity, sites of world heritage, and items of niche tourism such as cruises, adventure, medical, eco-tourism, etc. Incredible India has fueled tourist arrivals and employment growth. Tourism plays the role of a significant economic multiplier and its role becomes critical since India has to grow at rapid rates and create jobs. Indian tourism is classified into four main categories, North Indian, East Indian, West Indian, and South Indian Tourism


ccording to Invest India, Foreign Direct Investment (FDI) inflow in hotel and tourism in India from April 2000 to September 2020 was US$ 15.53 billion.


In April 2019, the U.S. company Airbnb invested US$ 75 million in SoftBank-backed hospitality company Oyo to give it access to Airbnb's global and Indian user base for travelers.


In August 2020, the town of Ayodhya is one of the most important religious places in the world, with direct connections from Lucknow, Varanasi, and other religious places in the nearby areas provided by Indian Railways. The Ayodhya Circuit is likely to be the greatest tourist hub in the country in the near future.


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