Click to join an upcoming live event

Turn off Ads (click)

Click on your language to translate this article:

Afrikaans Afrikaans Albanian Albanian Amharic Amharic Arabic Arabic Armenian Armenian Azerbaijani Azerbaijani Basque Basque Belarusian Belarusian Bengali Bengali Bosnian Bosnian Bulgarian Bulgarian Catalan Catalan Cebuano Cebuano Chichewa Chichewa Chinese (Simplified) Chinese (Simplified) Chinese (Traditional) Chinese (Traditional) Corsican Corsican Croatian Croatian Czech Czech Danish Danish Dutch Dutch English English Esperanto Esperanto Estonian Estonian Filipino Filipino Finnish Finnish French French Frisian Frisian Galician Galician Georgian Georgian German German Greek Greek Gujarati Gujarati Haitian Creole Haitian Creole Hausa Hausa Hawaiian Hawaiian Hebrew Hebrew Hindi Hindi Hmong Hmong Hungarian Hungarian Icelandic Icelandic Igbo Igbo Indonesian Indonesian Irish Irish Italian Italian Japanese Japanese Javanese Javanese Kannada Kannada Kazakh Kazakh Khmer Khmer Korean Korean Kurdish (Kurmanji) Kurdish (Kurmanji) Kyrgyz Kyrgyz Lao Lao Latin Latin Latvian Latvian Lithuanian Lithuanian Luxembourgish Luxembourgish Macedonian Macedonian Malagasy Malagasy Malay Malay Malayalam Malayalam Maltese Maltese Maori Maori Marathi Marathi Mongolian Mongolian Myanmar (Burmese) Myanmar (Burmese) Nepali Nepali Norwegian Norwegian Pashto Pashto Persian Persian Polish Polish Portuguese Portuguese Punjabi Punjabi Romanian Romanian Russian Russian Samoan Samoan Scottish Gaelic Scottish Gaelic Serbian Serbian Sesotho Sesotho Shona Shona Sindhi Sindhi Sinhala Sinhala Slovak Slovak Slovenian Slovenian Somali Somali Spanish Spanish Sudanese Sudanese Swahili Swahili Swedish Swedish Tajik Tajik Tamil Tamil Telugu Telugu Thai Thai Turkish Turkish Ukrainian Ukrainian Urdu Urdu Uzbek Uzbek Vietnamese Vietnamese Welsh Welsh Xhosa Xhosa Yiddish Yiddish Yoruba Yoruba Zulu Zulu
Breaking Travel News India Travel News Tourism News Travel Associations News Travel Destination Travel News Travel Wire News

Tourism to become a US$50 billion industry in India

Written by editor

Technology and tourism were in focus at a meeting held on March 6 organized by the Internet and Mobile Association of India (IAMAI), during which speakers highlighted the present and future of tourism. The IAMAI and Incredible India organized this Tourism and Travel Tech Conference under the theme “Shaping the future of Travel in India.” The conference touched upon key aspects of the Travel and Tourism industry such as Building the Tourism Ecosystem, Disruption of Digital Travel, and Technology-enabled Travel experience.

Speaking on this occasion, Mr. Dhruv Shringi, Co-Founder & CEO,, said: “Travel and Tourism Industry has emerged as one of the major contributors to India’s GDP. It is flourishing at a rapid pace and is poised to become a US$50 billion industry over the next few years. In fact, with the growth of disposable incomes and travel expense, India will witness 20% growth in the number of air travelers.”

“It is, however, pertinent to note that the tourism industry is execution oriented hence the operators need to focus on enhancing operational efficiencies in order to capture the opportunities in this industry,” Mr. Shringi added.

Prominent speakers at the conference included Mr. Neeraj Singh Dev – SVP & Head Ecommerce, Thomas Cook, Ms. Ritu Mehrotra- Country Manager India, SriLanka and Maldives, Booking. Com, Mr. Abhijit Mishra-Diector, India and Middle EAST, kayak, Mr. Aloke Bajpai-Co-founder & CEO, IXIGO, Mr. Amit Madhan- Group President IT & E-business, ThomasCook India, Mr. Nikhil Ganju- Country Manager, TripAdvisor, Mr. Sanjay Mohan –CTO MakeMyTrip and Co-Chair, IAMAI travel tech committee, Mr. Amanpreet Bajaj – Country Manager, Airbnb, Mr. Amit Damani,- Founder, Vista Rooms and Mr. Kadamjeet Jain – co-founder, Treebo Hotels

All the speakers were unanimous in their view that for travel and tourism industry to really flourish in India, it is really important that all the stakeholders including industry both offline and online and the government join hands to create an atmosphere or frictionless travel. Tourism and travel industry is one of the biggest employment generators and hence it is important that the bottlenecks are removed at the earliest to be able to contribute to the growing Indian economy.