Indian tourism sector

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TOURISM OF INDIA

Transcript of Indian tourism sector

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TOURISM OF INDIA

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INDIAN TOURISM SECTOR

Presented by,Abhishek JChaithra C NPruthvi rajManu kumar Dhanalakshmi.

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INTRODUCTION

The tourism sector in India has seen a tremendous growth in the last few years.

The Foreign Tourist Arrivals (FTA’s) in India have increased from 5.11 million in 2009 to 5.58 million in 2010.

The Compounded Average Growth Rate (CAGR) of the tourism sector in India since 2001 to 2010 is around 8%.

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Introduction:The five metro cities are the major ports of entry for the arrival of foreign tourists in India; therefore these cities play an important role in attracting foreign tourists to India.

India however faces competition from a number of developing nations like itself and a few developed economies as well.

Tourist flow to India is no doubt growing, but it is growing at a much less percentage than to other tourist destinations like Malaysia, Thailand, France, turkey, etc.

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TOURISM DEVELOPMENT IN INDIA

Tourism development in India has passed through many phases.

The Sixth Plan marked the beginning of a new era when tourism began to be considered a major instrument for social integration and economic development.

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Development:It was only after the 80’s that tourism activity gained momentum. The Government took several significant steps.

A National Policy on tourism was announced in 1982.

Later in 1988, the National Committee on Tourism formulated a comprehensive plan for achieving a sustainable growth in tourism.

In 1992, a National Action Plan was prepared and in 1996 the National Strategy for Promotion of Tourism was drafted.

In 1997, a draft new tourism policy in tune with the economic policies of the Government and the trends in tourism development was published for public debate.

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Growth of Indian Tourism: Domestic tourism is as old as the Indian society.

According to available statistics, domestic tourism has grown substantially during the last one decade.

It increased to 167 million in 1998 from just 64 million in 1990, thus registering a compound annual growth of 12.8 per cent.

  

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Growth of Indian tourism sector:    The growth of inbound tourism since Independence has been quite impressive. It was just around 17 thousand in 1951.

From this level it rose to 2.36 million in 1998.

Tourism receipts on the other hand have grown at a phenomenal rate of 17 per cent to Rs.11,540 crore in 1998 from Rs.7.7 crore in 1951.

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Competitors:

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