Manoj Gursahani is the Chairman of India's first ecommerce travel portal- TravelMartIndia. Visit the blog for more travel related issues, travel tips and destinations
Been thinking of the impact of India's economic growth on Tourism? We too!
The developing world has immensely contributed to the economic boost that India is currently enjoying and it's tourism sector has not been left out of the share of profits either- a major achievement for the image of brand India build up by a successful financial system in place in our country.
Some economists credit this fiscal feature of success of Indian financial system to the income generated by the tourism segment, movements across the cross-section of rising business opportunities, agricultural and educational sectors opening up as well as novel and attractive packaging of brand-building for India that have in turn, benefited the travel industry as well. Besides this, strategic planning of excursion packages, eco-tourism, sports events that bring the spot-light on India and greater patronage by greater number of MNC's heading to our shores as well as diversifications of the Indian open industries norm have contributed to the growth of Indian economy and thereby, Indian tourism.
The WTO (World Tourism Organization) reports that as many as 698 million people traveled to a foreign country in 2000, spending over US$ 478 billion while on tour; if India too had a share in these results, then surely the impact of Indian economy as a contributor to rising world economy and its impact on tourism cannot be ignored. More of free spending of disposable incomes, greater markets opening up and better scope for industrialization and earning opportunities have led the way for India's economy to successfully launch the enhanced tourism sector.
What has contributed to the economic growth of India and the tourism sector at large are factors of industrialization, education, higher number of qualified professionals, opening up of foreign markets, liberal trade policies and better advertising and strategic marketing.
The above factors have been collectively responsible for boosting our country's economic reserves and the impact of India's economic growth on tourism is increasingly being felt in specialty sectors like spiritual tourism, spa tourism, student/senior citizen or family vacation plan segments in tourism as well as (surprise, surprise!) adventure tourism! Better amenities and modernization of roads, infrastructure in hotels, local lodging options, accreditation of genuine travel operators and guides etc., training being imparted by government and private sector individuals interested in developing specific regions for tourism promotion and encouraging global gains for India have all been strategized well. These policies put in place after significant contribution from field experts like market watchers, tourism ministry and education and foreign affairs ministry support systems are governed by the needs of tourists visiting India for a certain cultural flavor, yet, not be deprived of comforts, hygiene, security and conveniences that are world-class.
Understanding and fulfilling needs of global tourists for quality vacationing: the kick-off for creditable performance and strong impact of India's economic growth on Tourism
Indian tourism receipts combined with better passenger transport systems and customized food and lodging preferences taken into consideration by exclusive tour operators has meant a niche segment of the country's top travel agencies generating considerable income for their industry. No wonder, as things stand, tourism has become the number one export earner, ahead of automotive products, chemicals, petroleum and food for India and this would not have been possible without the combining of governmental, community and private industry powers through diversification in the economy. This diversification of economy is a sign of health for India as a developing nation fast emerging as a major player in the tourism sector, which has got a shot in the arm thanks to better management at local and urban levels. The only issue of concern is that should India or any of its major tourism generating regions become dependent for its economic survival upon one industry, it can put major stress upon this sector and its people, who may be compelled to perform well consistently. One solution for easing the burden of India's welcome economic growth off the shoulders of the locals is for our developing country to explore other resources, apart from embracing specialized tourism pockets, as a way to boost the economy.
- Related Videos
- Related Articles
- Ask / Related Q&A
- India Tourism Will Grab your Heart
- India Tourism Mesmerize Visitors with Its Unending Beauty
- Dental Tourism Solutions in India
- Information of Hotel Industry Laws in India - Part1
- Incredible India’s Inroad Into World Tourism Map
- Dubai Tourism: Ixs
- Dentures in India: Recovery of Lost Teeth at a Reasonable Cost
- Benchmarking Indian Tourism With the Global Standard- a Critical Analysis




Find Out What it Was Like To Be on the Titanic
By: Mark Whichard | 27/11/2009For close to 100 years the story of the Titanic has fascinated people around the world. It has been treated in two major films and countless dramatizations. One Titanic expert, G. Michael Harris, has created an exhibit, Titanic: The Experience
Baby Boomers Aloha: Retiring in Hawaii
By: Boomeryearbook.com | 27/11/2009Baby boomers retiring in Hawaii rarely regret their decision to spend their twilight years in a South Sea paradise. One of the World's healthiest locations, Hawaii continues its love affair with American baby boomer retirees.
Baby Boomers Retiring to The Caribbean
By: Boomeryearbook.com | 27/11/2009The Caribbean must be one of the most beautiful retirement location in the World and it is becoming increasingly popular with American baby boomers seeking a stress free retirement paradise.
Baby Boomers Retiring in New Zealand
By: Boomeryearbook.com | 27/11/2009Retiring to New Zealand takes baby boomersliterally to the ends of the earth. Once they get there, the scenery and the hospitality is well worth the journey and here are some pointers on what to expect...
The Baby Boomers Retirement Plan in Thailand
By: Boomeryearbook.com | 27/11/2009Retiring overseas can be exciting and certainly there are plenty of places to choose from. One of the more exotic retirement locations on offer is Thailand; the Land of Smiles
Baby Boomers Retiring in Merry England
By: Boomeryearbook.com | 27/11/2009Baby boomers are one of the more well heeled sections of American society and can afford to retire overseas. Many baby boomers elect to retire in England.
Worldwide Hotels listing
By: jamiehanson | 27/11/2009Travel industry has become a very competitive industry. Therefore, people dealing with this segment have updated information from around the world.
What Are the Costs Associated With Bringing Skis or a Snowboard on a Flight?
By: A.Noton | 27/11/2009What are the Costs associated with Bringing Skis or a Snowboard on a Flight? Spending your vacation skiing and snowboarding is a fun and exciting break away from the stresses of daily life. When many people travel to a ski resort, they want to take their skis or snowboards with them....
Indian Heritage & Culture
By: Manoj Gursahani | 29/05/2007 | DestinationsIndia is a diverse country, a fact that is visibly prominent in its people, culture and climate. From the eternal snows of the Himalayas to the cultivated peninsula of far South, from the deserts of the West to the humid deltas of the East, from the dry heat and cold of the Central Plateau to the cool forest foothills, Indian lifestyles clearly glorify its geography.
Cuisines of India
By: Manoj Gursahani | 24/05/2007 | Travel TipsIndian cuisine is famous the world over with its distinguishing sophisticated use of spices and herbs. Indian cuisine is strongly influenced by widespread and longstanding vegetarianism within sections of India's majority Hindu and Jain communities.
Homestay Opportunity in India
By: Manoj Gursahani | 28/03/2007 | Travel TipsThough the concept of a home stay opportunity is popular globally, it is now slowly catching on in India as earlier, most cautious-by-nature natives were entrenched with feelings of insecurity, lack of communication with foreign guests due to language barriers
Are Service Apartments the Need of the Hour?
By: Manoj Gursahani | 26/03/2007 | TravelThe tourism industry in India is privy to a tidal wave-like changeover in terms of the demands and the supply of in-bound tourists to our home shores as rising expectations of foreign and Indian-origin tourists for quality lodging options, especially niche sectors like service apartments availability is on the rise.
Are the Indian Skies Getting Crowded?
By: Manoj Gursahani | 23/03/2007 | DestinationsThe topic that is hot on everybody's lips- are the Indian skies getting crowded? And the answer to that follows in the discussion recorded below. Let us consider the facts for this pertinent question bogging our fledgling LCC industry today: are the Indian skies getting crowded?
Shilpa Shetty's Impact on India - UK Tourism
By: Manoj Gursahani | 19/03/2007 | DestinationsNow knowing Bollywood film actress Shilpa Shetty's career was already on the back-burner, her entry into the British television show was no debacle as it was made out to by the lady and her tear-streaked face confirming and denying (in true filmy fashion, some would say) the effect of a co-contestant's supposedly racist remarks.
The Effect of Credit Card Fraud on Low Cost Carriers
By: Manoj Gursahani | 15/03/2007 | TravelThe developing world has immensely contributed to the economic boost that India is currently enjoying and it's tourism sector has not been left out of the share of profits either- a major achievement for the image of brand India build up by a successful financial system in place in our country.
The Impact of Commonwealth Games on Tourism
By: Manoj Gursahani | 13/03/2007 | TravelBeing able to bring in the 2010 CWG, Common Wealth Games, to Delhi, the National Capital Territory (NCT) as the host country has been a big boost for brand India.